Posted Jan 24, 2012, 6:09 PM
|
|
Registered User
|
|
Join Date: Aug 2009
Location: The ATX
Posts: 3,317
|
|
Developer plans $55M redo of Butler Brothers Building
http://archinect.com/firms/release/2...ervay/35181630
Quote:
Dallas Business Journal by Candace Carlisle
Date: Friday, January 20, 2012
A Texas-based investment partnership has big plans for the 101-year-old building adjacent to Dallas’ City Hall.
Alterra 500 South Ervay LLC, a limited liability company of Alterra International, led by Turkish investor Mike Sarimsakci, plans to spend $55 million turning the Butler Brothers Building into a multi-use property that would include a 220-room hotel, 250 apartments, a school and about 80,000 square feet of office and retail space.
The development group is looking for partners for its extended-stay hotel flag, retail and restaurant space and school, said Sarimsakci, who has been described by Turkish media as the “Turkish Trump.”
|
http://www.bizjournals.com/dallas/pr...for-ervay.html
Last edited by JoninATX; Jan 24, 2012 at 6:33 PM.
|