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Old Posted Nov 23, 2011, 3:10 AM
skys the limit skys the limit is offline
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Dallas’ Maple Avenue corridor booming with development



Parkland Hospital under construction (image above is old as 5 cranes are now in operation for the massive project).
An example of the dense residential complexes being constructed surrounding the Dallas Medical District can be seen center left in the
immediate background behind the construction site; Downtown Dallas looms a short 3 miles to the south.




The new 2.5 million sf and $1.3 billion dollar Parkland Hospital is being constructed on the large parking lot in the foreground of this image looking at the west side of the Dallas Medical District; the booming Medical District stretches further north and east. A second new massive hospital, University Hospital, at 1.3 million sf and $800 million dollars just started construction on the north side of the Medical District.



Webcam capture of Parkland Hospital under construction as of 11-23-11, looking south.
Here is a link to a time lapse video showing progress from 10-28-10 until 11-23-11, very cool: http://newparkland.parklandhospital....o-gallery.html
And here is a link to an excellent video overview of the new Parkland Hospital: http://www.youtube.com/watch?v=euRMGpsyDms




Webcam capture of University Hospital under construction as of 11-23-11; looking north and beyond the Medical District.
Here is a link to an excellent video overview of the new University Hospital: http://newhospital.utsouthwestern.edu/videos.html




Developers are scrambling to build apartments and retail, thanks to new hospital construction and a new light rail service.


By STEVE BROWN, Dallas Morning News
Published: 17 November 2011 08:48 PM


Standing on the corner of Maple Avenue and Butler Street, you can see commuter trains stopping a block away at the station.

And construction cranes for the new [2.5 million square foot at $1.3 billion dollar] Parkland Hospital building are visible just to the south.

No wonder developer Glenbrook Residential thinks this would be a good place to build 342 apartments.

...

Developers are working on plans for more than 1,000 apartments plus retail space in the northwest Dallas neighborhood between Harry Hines Boulevard and Denton Drive.

Some of it is already under construction, such as Kroger’s new supermarket on the former Elliott’s Hardware site at Maple and Medical District Drive.

“With the new Kroger opening in April, the area is turning into a neighborhood,” Brignon said.

...

Big changes have already happened along Maple south of the Dallas North Tollway, where Crow Holdings is redeveloping the old Parkland Hospital property. Crow has bought a stretch of several blocks in that area for office development.

North of Inwood Road on Forest Park, Crow Holdings has contracted to purchase a site for about 340 apartments. Work could start on that project as soon as early 2012.

And apartment developer Alliance Residential is buying more than two blocks of vacant land at Kings Road and Fairmont Street for an even larger rental property.

Some old properties are being scraped away to make way for new projects.

Longtime Dallas real estate firm Rader Properties is about to demolish a 50-year-old apartment complex it purchased this year near Maple and Hudnall Street. The property is being cleared for eventual redevelopment, said Rader Properties’ Merrel Moore.

...

Article here: http://www.dallasnews.com/business/r...ion=reregister

Last edited by skys the limit; Nov 24, 2011 at 1:37 AM.
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