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  #4101  
Old Posted Mar 3, 2016, 9:33 PM
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I love both those towers and can't wait to see them rise!

I've stayed at a few different Joie de Vivre hotels in the Bay Area and have had pretty good experiences. I think it will be a great addition to the market and will fit in well with the designy vibe of the neighborhood.
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  #4102  
Old Posted Mar 3, 2016, 10:36 PM
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Bankruptcy court approves downtown Dallas skyscraper’s pending sale
Steve Brown
March 3, 2016



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A Dallas bankruptcy court has OK’d the pending sale of a troubled downtown skyscraper.

California-based Drever Capital Management has offered to pay $65 million for the landmark First National Bank tower at 1401 Elm St.
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The sale to Drever could happen as early as the end of this month or could be delayed as late as the end of May, according to court documents.
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  #4103  
Old Posted Mar 4, 2016, 11:28 PM
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Behind developer Larry Hamilton's toughest adaptive reuse project yet in downtown Dallas
Candace Carlisle
March 4, 2016



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Hamilton is roughly a third the way through construction of the redevelopment of the hotel, which is expected to open in January 2017.

Since starting construction on the redevelopment six months ago, Hamilton has run into a few issues, such as the need to revise landscape plans to accommodate the hotel pool, or cleaning out sewer lines to ensure they'd work in the long haul.

"There have been a lot of things that have happened since we've started construction," said Hamilton, who will ultimately transition the long-time vacant property into a $35 million, 237-room boutique hotel, which will be called the Lorenzo.
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Hamilton said he expects the first model hotel room to open in about a month. The hotel will have a similar "hip and cool" feel, like the Aloft hotel in downtown Dallas (which he also redeveloped).
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  #4104  
Old Posted Mar 5, 2016, 1:42 AM
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1401 Elm was being converted to residential, no?
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  #4105  
Old Posted Mar 5, 2016, 1:59 AM
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Originally Posted by colemonkee View Post
1401 Elm was being converted to residential, no?
Retail/Office/Residential
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  #4106  
Old Posted Mar 6, 2016, 2:23 AM
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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.
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  #4107  
Old Posted Mar 7, 2016, 9:57 PM
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Penney seeks approvals for big Plano office and retail complex at Legacy

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JC Penney is seeking permission to build more than a half dozen office buildings and retail space surrounding its long-time Plano headquarters.
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Penney is downsizing its more than 20-year-old offices and wants to sell the existing buildings and almost 40 acres of surrounding land.

To get the most for its surplus property, Penney is asking the Plano for zoning that would allow the vacant land along Legacy Drive be used for office and retail construction. Right now the land is used for lawns and a small pond, which was stay.

The zoning request ask for approvals to build the same kind of commercial development that’s underway next door at the $2 billion Legacy West complex. The campus could accommodate more than 1 million square feet of office and retail space with parking garages.
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The Penney development plan also includes about nine acres at the northwest corner of Legacy Drive and Communications Parkway where developer Fehmi Karahan plans to build a hotel tower, retail space and a new banking center for JP Morgan Chase.
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  #4108  
Old Posted Mar 7, 2016, 10:44 PM
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Three more office buildings on the drawing boards at Plano’s Granite Park project
Steve Brown
March 7, 2016



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Developer Granite Properties has filed plans with the city of Plano for three more office buildings in its popular Granite Park business campus at the Dallas North Tollway and State Highway 121.

The largest of the buildings would be 18 stories with 500,000 square feet, according to the development plans.

A 12-story and a 6-story building are also planned along Parkwood Boulevard south of Highway 121.

In total the additions would add more than 1 million square feet of office space to the Granite Park development.
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  #4109  
Old Posted Mar 7, 2016, 11:12 PM
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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



Quote:
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."
Quote:
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.
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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.
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  #4110  
Old Posted Mar 8, 2016, 4:49 AM
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Preston Hollow Village apartment update:



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  #4111  
Old Posted Mar 9, 2016, 5:19 AM
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Yeah, baby! Former Braniff flight attendant dorm might become residential building
Steve Brown
March 8, 2016



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Dallas investors who’ve purchased a Mid-century Modern building are pondering what to do with the landmark.
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Built in 1968 as a center to train flight attendants for the Dallas airline, the 5-story building has been empty for almost two years.
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“We’ve demolished most of the interior – it’s just a shell,” Silverman said. “We were originally going to do office space there, but now we are thinking about a boutique residential building.

“We hope to make up our minds in the next 30 to 60 days.”

Designed by Dallas architect Neal Lacey, the white textured concrete and glass building originally had classrooms on the lower floors and three floors of dormitories for the flight attendants on top.

The building was adorned with Latin American art work, textiles and construction materials.
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“As a Mid-century building — which is the way we look at it — there are certain things we are looking to maintain,” he said. “We are history buffs when it comes to architecture and real estate.”
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  #4112  
Old Posted Mar 10, 2016, 3:07 AM
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Elevating the Galleria Towers: New owner will spend $16 million to bring property up to date
Steve Brown
March 9, 2016



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After spending more than $300 million to buy the buildings, investor CBRE Global Investors now will pump another $16 million in upgrades into the towers.

“We are going to remodel and lease this bad boy up,” said Kenzie Kilgore, part of the marketing team that’s charged with putting new energy into the buildings located just north of LBJ Freeway.
Quote:
“There were some really tired spaces in the buildings,” Brown said. “The size of these towers justifies the amount of money we are spending.”
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CBRE Global Investors had several architects give renovation proposals before picking Entos Design to craft the redo.

Brown said the idea isn’t to toss out all of the original stonework and other features.

“We had one designer that just wanted to cover it all over with white,” she said. “That’s not the Galleria.”


Quote:
Some of the original dark stone in the lobbies will be replaced with light wood and white marble.
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Barnes said the center tower will get the most changes with an 8,500-square-foot fitness center and a large conference facility.
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A rundown outdoor plaza on top of one of the parking garages will be refurbished for tenants with awnings and landscaping.
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Even after all the improvements are finished later this year, the Galleria Towers plan to offer office space that is priced lower than the newest buildings in Dallas and Plano.
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  #4113  
Old Posted Mar 14, 2016, 6:48 PM
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Verizon’s $1.5 billion Irving mixed-use development is poised to move ahead this week
Steve Brown
March 16, 2016



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A Las Colinas mixed-use project would add millions of square feet of office space, shopping, apartments and hotel rooms if Irving’s City Council approves the deal this week.
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A commuter rail station built at the north end of the project on Hidden Ridge Drive will connect the development with Dallas/Fort Worth International Airport, Love Field and downtown Dallas.

Plans for the development include more than 3 million square feet of office space, 85,000 square feet of retail, a 150-room hotel and hundreds of new apartments.

The project will be constructed on vacant land across from Verizon’s longtime Irving campus. Part of the development site is the Carpenter family’s original ranch, which became the Las Colinas community.
Quote:
“We want to see that tidal wave of development keep coming,” Danish said. “This project is ready made for success.”


Quote:
Construction of the new DART rail station is included in the initial development.

“It’s an affirmation how important our commitment to mass transit has been,” Danish said.

The Hidden Ridge station was one of three deferred transit stops DART could still build in Irving, he said.
Quote:
“We are taking what was built as a very exurban campus and working with them to build in a neighborhood center and amenities for what will be sites for several headquarters properties,” said Gensler’s Barry Hand.

KDC is talking to several potential companies that could relocate to planned office buildings in the Hidden Ridge campus.

One of the firms interested in the development is Pioneer Natural Resources, an energy firm that is already located in Las Colinas.

Pioneer now leases about 600,000 square feet in the Williams Square high-rise complex on O’Connor Boulevard.


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Last edited by Sic'EmBears; Mar 14, 2016 at 8:04 PM.
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  #4114  
Old Posted Mar 15, 2016, 3:33 PM
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Apartment high-rise eyed for high-profile Uptown property

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The residential high-rise would sit behind a row of one-story retail buildings at the corner of Cedar Springs Road and Fairmount Street.

Property owner Greenway Investment 22-story, 320-unit apartment tower and a parking garage on what is now a parking lot at Howell and Routh streets.
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A second phase of the development could add more than 460,000 square feet of office and retail space.
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  #4115  
Old Posted Mar 16, 2016, 2:11 PM
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We finally have a rendering for the 30-story Katy Station Apartment Tower at Victory area.
http://www.edi-international.com/katy-station
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  #4116  
Old Posted Mar 16, 2016, 6:47 PM
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Construction begins on 22-story residential tower in Knox Henderson neighborhood
Candace Carlisle
March 16, 2016



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Construction has begun on a new 22-story luxury residential tower in the Knox Henderson neighborhood in Dallas, which will bring 183 luxury residential homes and penthouses to this part of Dallas.

The soon-to-be developed high-rise — called The McKenzie — at the corner of Harvard Avenue and Tracy Street will be constructed by Dallas-based StreetLights Residential and equity partner Tricon Capital Group Inc. in an architectural style reminiscent of a historic luxury hotel.
Quote:
Looney Ricks Kiss Architects is the project architect. Linda Tycher & Associates is the landscape architect. Waldrop + Nichols Studio is the interior designer.

The high-rise will have a valet, concierge and a 24-hour doorman. Construction is slated for completion in early 2018.
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  #4117  
Old Posted Mar 17, 2016, 12:38 AM
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Originally Posted by DFW View Post
We finally have a rendering for the 30-story Katy Station Apartment Tower at Victory area.
http://www.edi-international.com/katy-station
Katy Station does not look too bad at all, it's nice that we finally have a rendering for it.
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  #4118  
Old Posted Mar 18, 2016, 12:15 AM
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Originally Posted by DFW View Post
We finally have a rendering for the 30-story Katy Station Apartment Tower at Victory area.
http://www.edi-international.com/katy-station
Huh.
Was kinda hoping for something less generic.
Oh well.
Another filler I guess.
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  #4119  
Old Posted Mar 18, 2016, 9:42 AM
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Yeah, I agree. I think it's certainly not bad, but I was hoping for something that would look better given the fact that nothing will ever come up in front of it. That location (along with Goat Hill, for that matter) are more suited to something incredibly cool. Ah well. This is better than Goat Hill, so it has that going for it.

I'll be through Dallas on business and family visits this summer. It'll be fun to see everything in person.
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  #4120  
Old Posted Mar 19, 2016, 3:44 AM
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Construction starts on new Cityplace apartment and hotel tower
Steve Brown
March 18, 2016



Quote:
Developers Forest City Enterprises and Cityplace Co. are building the 23-story high-rise on Blackburn Street just west of North Central Expressway.

The tower – which will cost more than $100 million – will have 389 apartments and a 150-room boutique hotel.

Hilton will operate the hotel as one of its new Canopy properties.
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The building will open in 2017.
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