DALLAS FORT WORTH | Urban + Suburban P & C - Page 173

Dariusb · #**3441** Posted **Jan 13, 2015, 9:16 PM**

Quote:

Originally Posted by dch526

Your first look at new facility the Dallas Holocaust Museum hopes to build in West End

This will be a great asset to the city!

eburress · #**3442** Posted **Jan 13, 2015, 9:24 PM**

I completely agree! I absolutely love the structure and I'm excited about what its location is going to do for the West End. Aside from helping to energize the area, it links the new apartment project next door with the rest of the neighborhood. Very exciting!

citykid09 · #**3443** Posted **Jan 14, 2015, 12:00 AM**

Can anyone tell me what happened with the proposed Sam's Club that was supposed to go up I believe in Uptown along the freeway service road? I hope that got canceled.

Owlhorn · #**3444** Posted **Jan 14, 2015, 2:07 AM**

Quote:

Originally Posted by citykid09

Can anyone tell me what happened with the proposed Sam's Club that was supposed to go up I believe in Uptown along the freeway service road? I hope that got canceled.

They are currently demoing the site very slowly. There are a few highrises on the site and they seem to be slowly gutting them. The Xerox tower looks strange as they've taken out the windows and the guts are exposed. Don't know if they will implode or wrecking ball or piece by piece disassemble.

Citizens fought it for a while, but its going to happen. Its technically in East Dallas and backs up to a single family home neighborhood (that was fighting it too). Despite the characterization of the immediate area being low density, dense development continues to go up all around it. A case where the zoning bit the citizenry in the ass.

dch526 · #**3445** Posted **Jan 16, 2015, 5:56 PM**

Developers eyeing DART HQ in downtown Dallas for mixed-use project

Quote:

Downtown real estate brokers say that Olympic and BDRC4site have looked at plans to redo the DART building into more shopping and residential space.

As part of the deal, DART would move a few blocks to the Hartford Building at Bryan and St. Paul streets. Olympic has had the Hartford Building under contract for purchase for several months.

skys the limit · #**3446** Posted **Jan 18, 2015, 12:28 AM**

Dallas' greatly diversified economy bodes well for the city
during the worst oil & gas downturn since the '80's:

Nathan Hunsinger/Staff Photographer
Crescent Real Estate Holdings’ $225 million McKinney & Olive office and retail project is among the developments going up
that have already signed tenants. Leasing demand is expected to stay strong this year.

At the start of 2015, more than 6 million square feet of office construction was underway in the D-FW area,
including the 530,000-square-foot, 20-story McKinney & Olive project in Downtown Dallas.
It’s the largest volume since the 1990s.

By Steve Brown
DMN Real Estate Editor, 01-16-15

....

“Everybody will tell you 2014 was a fantastic year for our office market,” said Granite chief operating officer Greg Fuller. “And this year will be strong, too.

....

Even with the slowdown in the energy sector, leasing agents and building landlords are predicting that North Texas office tenants will gobble up more space.

And developers will be breaking ground on more office projects.

Office vacancy rates in the D-FW area are at one of the lowest levels in decades — just over 16 percent in December.

Expanding and relocating office tenants pushed net leasing in North Texas to 5 million square feet last year, the highest total in 15 years.

....

Companies from California, Illinois and other states are still looking at North Texas for relocations or office expansions, said Phil Puckett, executive vice president in the Dallas office of commercial real estate firm CBRE Inc.

“We have a pretty good feel for what’s coming from outside the state of Texas, and the activity we are seeing is really encouraging,” Puckett said.

“Our office space is very limited. And right now the declines we have seen in oil prices don’t trouble me.”

That’s probably because of a recent study CBRE did of office leasing in Texas.

The real estate firm looked at the last four years of business relocations and office expansions in the D-FW area and other big Texas cities.

Only 5 percent of the D-FW area’s office growth since 2010 came from energy firms.

The biggest share of new office demand here was generated by insurance companies (27 percent), financial services firms (15 percent) and high-tech (13 percent).

....

Compare that against Houston, where 80 percent of the office growth since 2010 has come from the oil and gas sector.

....

Full article: http://www.dallasnews.com/business/c...es-in-2015.ece

Thymant · #**3447** Posted **Jan 18, 2015, 1:34 AM**

Cool, good to know that the drop in oil prices shouldn't have much effect on the pace of developments currently happening in Dallas

toxteth o'grady · #**3448** Posted **Jan 18, 2015, 3:15 AM**

Quote:

Originally Posted by Dariusb

Would you say the northern suburbs are going through a major transformation or not just yet?

Not until they start electing Democrats!

Dariusb · #**3449** Posted **Jan 18, 2015, 8:16 AM**

Quote:

Originally Posted by skys the limit

Dallas' greatly diversified economy bodes well for the city
during the worst oil & gas downturn since the '80's:

Nathan Hunsinger/Staff Photographer
Crescent Real Estate Holdings’ $225 million McKinney & Olive office and retail project is among the developments going up
that have already signed tenants. Leasing demand is expected to stay strong this year.

At the start of 2015, more than 6 million square feet of office construction was underway in the D-FW area,
including the 530,000-square-foot, 20-story McKinney & Olive project in Downtown Dallas.
It’s the largest volume since the 1990s.

By Steve Brown
DMN Real Estate Editor, 01-16-15

....

“Everybody will tell you 2014 was a fantastic year for our office market,” said Granite chief operating officer Greg Fuller. “And this year will be strong, too.

....

Even with the slowdown in the energy sector, leasing agents and building landlords are predicting that North Texas office tenants will gobble up more space.

And developers will be breaking ground on more office projects.

Office vacancy rates in the D-FW area are at one of the lowest levels in decades — just over 16 percent in December.

Expanding and relocating office tenants pushed net leasing in North Texas to 5 million square feet last year, the highest total in 15 years.

....

Companies from California, Illinois and other states are still looking at North Texas for relocations or office expansions, said Phil Puckett, executive vice president in the Dallas office of commercial real estate firm CBRE Inc.

“We have a pretty good feel for what’s coming from outside the state of Texas, and the activity we are seeing is really encouraging,” Puckett said.

“Our office space is very limited. And right now the declines we have seen in oil prices don’t trouble me.”

That’s probably because of a recent study CBRE did of office leasing in Texas.

The real estate firm looked at the last four years of business relocations and office expansions in the D-FW area and other big Texas cities.

Only 5 percent of the D-FW area’s office growth since 2010 came from energy firms.

The biggest share of new office demand here was generated by insurance companies (27 percent), financial services firms (15 percent) and high-tech (13 percent).

....

Compare that against Houston, where 80 percent of the office growth since 2010 has come from the oil and gas sector.

....

Full article: http://www.dallasnews.com/business/c...es-in-2015.ece

Great to know that the city/area is doing well despite the oil/gas slowdown.

Dallaz · #**3450** Posted **Jan 20, 2015, 9:44 PM**

Victory Park is on Fire!!!!

-A proposed 600 ft building is on the FAA's website

https://oeaaa.faa.gov/oeaaa/external...39855142&row=5

Height: 600ft
Name: Victory Tower
Location: Victory Park, Block R

-A proposed 310 ft building is on the FAA's website

https://oeaaa.faa.gov/oeaaa/external...8269415&row=46

Height: 310ft
Name: Katy Station
Location: Victory Park, Block H

-Block M will be Hines Victory Park Tower

Hines, Cousins team up on new Victory Park office tower | Dallas Morning News

-Skyhouse Victory Park #2

https://oeaaa.faa.gov/oeaaa/external...632162&row=408

Height: 248ft
Location: Victory Park, Block G

-Block D is planned to have have retail topped with 3 levels of office

-Block G is planned to have retail and a movie theater

eburress · #**3451** Posted **Jan 21, 2015, 5:42 AM**

It really is - there's a lot of momentum in this part of town. I'm particularly excited to see that 600' tower.

Metro Matt · #**3452** Posted **Jan 21, 2015, 6:22 PM**

Quote:

Originally Posted by toxteth o'grady

Not until they start electing Democrats!

dch526 · #**3453** Posted **Jan 26, 2015, 2:39 PM**

Developers start apartment community near Cityplace

Quote:

The 6-story rental community is being build on the site of a single-story medical complex at Lemmon Avenue and Oak Grove, just west of North Central Expressway.

Leon Capital bought the more than one acre development site in 2013 with plans to build the apartment project with more than 150 units.

dch526 · #**3454** Posted **Jan 26, 2015, 2:53 PM**

Katy Station Approved Through the FAA

Determination Notice

Quote:

Work Schedule: 10/01/2015 to 10/01/2017

Quote:

Description of Location: N. Houston Street and Victroy Avenue
Description of Proposal: 28 story residential building with attached 7 story garage structure

dch526 · #**3455** Posted **Jan 29, 2015, 4:46 PM**

Quote:

The project will include a 210-unit building with five levels of wood-framed construction above a concrete podium and subgrade parking garage.

dch526 · #**3456** Posted **Jan 29, 2015, 4:48 PM**

Construction kicks off on two West Dallas apartment communities

Quote:

Trammell Crow Residential has started construction on its project on Fort Worth Avenue and West Commerce Street.

The Alexan West apartment development will replace the Mission Motel and other commercial buildings on the property just west of downtown Dallas.

The project will have 340 apartments, said Crow Residential’s Steve Bancroft. Architecture Demarest designed the development, which will include retail space and is three stories tall.

Just across the street from Crow Residential’s project, developer Wood Partners is also starting construction on its Alta Yorktown, a 226-unit apartment project.

Thymant · #**3457** Posted **Jan 29, 2015, 6:17 PM**

Looks like new projects are popping up everywhere! Great news!

dch526 · #**3458** Posted **Jan 30, 2015, 2:40 PM**

Building boom could add more than 1,000 hotel rooms in downtown Dallas

Quote:

Since closing in the 1990s, the 22-story office tower has gathered dust on downtown’s southeast side. It’s one of the last empty towers downtown that’s not been revived.

But that may soon change. An Irving-based hotel company, NewcrestImage LLC, is working on a deal to convert the derelict high-rise into a hotel and other space.

NewcrestImage is already turning the 21-story 1700 Commerce building next door into a Hampton Inn.

With these projects and others, more than 1,000 hotel rooms are on the way in downtown Dallas. That’s the equivalent of building another Omni Dallas convention hotel in the central business district.

dch526 · #**3459** Posted **Feb 2, 2015, 6:26 PM**

Senior community builder buys North Dallas property for large project

Quote:

Legacy Senior Communities president Michael Ellentuck said it will be at least 18 months before construction starts on the project which will be located just north of Presbyterian Hospital.

Quote:

He said the project is being planned to contain more than 100 independent living units, plus 80 assisted living and memory care unit. There will also be a 40-suite healthcare facility.

“It will be equivalent in size of our property in Plano,” Ellentuck said.

toxteth o'grady · #**3460** Posted **Feb 3, 2015, 4:37 AM**

Make way for Sam's Club! The Xerox building on Central stops, drops and rolls...