DALLAS | Evergreen @ St Paul | ~560 FT | 42 FLOORS

[Sic'EmBears]

Turkish developer Mike Sarimsakci has yet another proposal for downtown Dallas.

The 42-story residential and hotel project was announced yesterday in an exclusive article by the Dallas Business Journal.

The tower is proposed to occupy the thin block in-between Evergreen and St. Paul.

View map here.

The Harvard graduate is also redeveloping the adjacent century-old Butler Brothers building into a hotel and residential project.

Last year, Mike purchased two empty blocks at 1701 Cadiz and 1502 Canton for a $1.2B proposal including two 80-story and two 60-story towers. That project is one block south of the current proposal.

[Sic'EmBears]

Via 5G Studio Collaborative's Instagram:

[Sic'EmBears]

Turkish Mike, a new member on Dallasmetropolis, has published information on Turkish developer Mike Sarimsakci's major downtown proposals.

I will be deploying resources to promote the district. Butler Brothers is the first piece of the puzzle.

Tower @ SOYO will be a true mix use project.

It would be very similar to 211. 211 is 200ft X 50ft, 18 stories office tower.

Tower @ SOYO is 300ft X 50 ft, 42 stories mix use project.

The idea is to attract more startups, accelarators, co-working concepts, enterprenuers, tech firms to SOYO.

[Sic'EmBears]

Dallas star from SkyscraperCity reported a meeting he had with Mike Sarimsakci.

The Turkish developer informed him the proposed 42-story tower at Evergreen and St Paul would include a four-star Trump Hotel concept.

Read about it here.

[Sic'EmBears]

Take this with a grain of salt.

Trump Hotels looks for 5-star foothold in Dallas with new luxury hotel
Candace Carlisle
March 7, 2016

New York City-based Trump Hotel Collection has begun scouring Dallas for new sites to land its trademark five-star branded hotel and residences on the heels of 'a great reception,' seen in the wake of Donald Trump's campaign for president.

"Dallas has really matured over the past five to 10 years and has turned into more of a destination for businesses," Mitch Garrett, vice president of acquisitions and development for the group's Americas division, told the Dallas Business Journal in an exclusive interview.

"The market itself — both on a real estate end and given the great reception with other endeavors going on in the organization — has a good following and the brand resonates well with Dallas," Garrett told me. "We have been waiting for the right opportunity to come up and we are evaluating some options right now."

Garrett said the group would like to bring a luxury, five-star hotel and residence to Dallas based on the success seen with other luxury brands, including the Ritz-Carlton hotel and residences at McKinney Avenue and Pearl Street in Uptown.

"We don't have a location there and the recent developments have really raised the bar on a product and amenity level," he told me. "Trump coming into this market would be a great addition to our portfolio."
In August, Trump Hotel Collection named former Dallasite Eric Danzinger to the luxury hotel group's CEO position, where he will oversee the 14 hotels within the collection's portfolio.

The hotel group is evaluating several locations in the urban core of Dallas and expects to partner with a developer by the end of the year.

Full Article