Originally Posted by Owlhorn
a poster said soil samples were being taken.
Correct, and I'm pretty certain it is where VII is, not XII.
Harwood announced they were designing and planning to construct VII in March of 2011 and they said that their next three skyscrapers in Uptown/Downtown Dallas would be surrounding Harwood Village (aka Harwood Gardens).
When you look at Harwood's masterplan, the three skyscrapers that front Harwood Village (Gardens) are XII, XI and VII: http://www.harwooddallas.com/masterplan.php?b2=_sel
But as mentioned, Harwood indicated in March of 2011 that VII would be their next tower so I'm pretty certain that is the one getting ready to break ground.
No rendering exists for VII that I'm aware of but I would bet money it is going to be a pretty exciting design.
Especially since Crescent Realty's just announced Cesar Pelli designed tower across from Crescent Court and The Ritz Carlton Hotel is just a couple blocks away from where VII will be located.
According to Harwood's announcement, VII will be a 340,000 square foot, $130 million dollar, 29 story mixed-use tower.
Excerpts from the article:
Harwood designs $130M tower
The 29-story high-rise in Harwood Village adds 340K SF to Uptown
Premium content from Dallas Business Journal by Candace Carlisle, Staff writer
Date: Friday, March 11, 2011, 5:00am CST
Harwood International has begun the design phase of a 29-story, $130 million high-rise building, the latest addition to the Harwood District.
Construction is expected to start as soon as an anchor office tenant is secured, possibly this year (2011).
The 340,000-square-foot mixed-use building — aptly named Seven — will be the seventh building constructed as part of the Harwood District’s 17-block Dallas development. It will be the first high-rise of the district’s Harwood Village project.
Seven will include a private fitness club, a restaurant and patio, 15,000-square-feet of retail space, shops, gardens and office space. The building will overlook downtown and have access to the Katy Trail.
The goal at Harwood Village is to build Seven — one of three high-rise office-retail buildings planned for Harwood Village — emerging from designed gardens and patios to create an enjoyable live-work-play environment in Uptown, said Gabriel Barbier-Mueller, Harwood International CEO.
There is no timeline for constructing the other two high-rises.
“People are ready to get the office space they need and the space that they want,” he said.
“Along with the office space, they want culture. If you can be the first company that offers a green environment, gardens, access to Katy Trail, a health club and ample parking, employees will want to work there. If you want the best talent, you have to get the best corporate office environment.”
Seven has caught the eye of about six possible anchor tenants, which include a variety of professional specialties such as law and finance, said Jihane Boury, vice president of development and leasing for Harwood International.
Resurging tenant demand has led Harwood to begin designing Seven, which wasn’t something Barbier-Mueller thought he’d be working on quite yet in 2011, he said.
Harwood’s available luxury office space is dwindling and major tenants want options in the next few years, he said.
“I did not think I’d be talking about building again so soon,” Barbier-Mueller said. “But we have to build because we need to.”
Harwood’s last building development in the district, Saint Ann Court — a 26-story luxury office building — was completed in fall 2009. It is 70 percent leased.
---> Note: a recent lease by Harwood earlier this month brought Saint Ann Court to 90% leased, meaning there is very little space now left by Harwood to offer clients. <---
There’s a strong demand from large tenants for downtown and Uptown office space, said Jeff Staubach, a senior vice president with Jones Lang LaSalle .
Staubach represented MoneyGram International Inc., one of the most significant corporate leases signed in the Harwood District.
Other recent corporate leases of note with Harwood include Winstead law firm and Holly Corp (after Holly acquired and absorbed Fortune 500 Frontier Oil of Houston).
“I know there are tenants looking around, and there aren’t a lot of large tenant options,” said Staubach, adding that other luxury office buildings in the market, such as Rosewood Court, Victory Tower and the Crescent Office Towers, are nearly leased up.
Tenants are fans of Uptown’s ease of access and parking, but Uptown is competing against downtown’s competitive pricing and new buildings in the Dallas Arts District, he said.
As the market is getting more competitive, numerous larger tenant contracts are up for renewal in the next three to five years. Along with that will come the need to start planning build-to-suit office space soon, he said.
Staubach, who is working with a half-dozen clients shopping for Uptown space, said Harwood’s facilities and management are easy to work with and know their tenants, and will probably do well, especially if they secure an anchor tenant.
With plans for highly efficient floor plans, floor-to-ceiling windows, outdoor terraces, gardens and luxury amenities, Barbier-Mueller said there’s a reason behind the demand for Harwood buildings.
Based on projected demand, Barbier-Mueller said Harwood could roll out 2.5 million to 3 million square feet of tenant space by 2016.
“We are at a point where we want to be fully built out,” he said. “We’ve basically followed demand. We don’t have to build a building for the sake of building, but we do see a demand for priority space.”
Full article: http://www.bizjournals.com/dallas/pr....html?page=all