From the D Magazine Frontburner:
BIG NEWS FOR DOWNTOWN
The Mayor will make an announcement at noon at City Hall but
the FrontBurner Nation doesn't wait on officialese. Here's the
scoop, straight from the horse's mouth:
Billingsley Company today announced plans to develop a 10-acre
site on the northeast corner of the recently-expanded arts district
in downtown Dallas. The corporate offices of Dallas-based 7-
eleven, Inc. will become the anchor tenant in the first phase of the
project to be known as One Arts Plaza. The entire project,
including new restaurants and galleries, 60 luxury residential
units and 425,000 square feet of office space, is expected to cost
over $100 million.
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http://www.dallasnews.com/sharedcont...1f7b4ad0b.html
7-Eleven to move HQ to Arts District
11:10 AM CDT on Wednesday, April 20, 2005
By STEVE BROWN / The Dallas Morning News
7-Eleven Inc. will move its headquarters to a new development
in downtown Dallas' Arts District.
Billingsley Co. and Corgan Assoc.
The new development will be a focal point of the Arts District. The
corporate offices will be part of a mixed-use development that
includes high-rise condominiums and retail space built around a
plaza.
"For the past 78 years, 7-Eleven has made Dallas its worldwide
headquarters," said 7-Eleven president and CEO Jim Keyes. "We
are delighted to be able to continue to call Dallas our home."
Developer Billingsley Co. has been planning the project for years
as a new focal point for the Arts District.
"When the next major cultural buildings come on within the Arts
District and the connection is made with this project, it will be
something very powerful for the city of Dallas," developer Lucy
Billingsley said Wednesday. "This is the most important deal for
us, and it’s a giant opportunity to be able to participate in the
future of downtown."
Central to the $100 million development will be a 425,000-square-
foot office building to house 7-Eleven's home office. The
convenience store giant is now located in the Cityplace tower at
North Central Expressway and Haskell Avenue.
The new headquarters site is on three acres at the northeast
end of Flora Street between Routh Street and North Central Expressway.
The development will be just a short distance from the $275
million Margot and William Winspear Opera House and the Dee
and Charles Wyly Theatre that are to be built along Flora Street.
Billingsley Co. has hired award-winning Dallas architect Lionel
Morrison and Matt Mooney of Corgan Associates to design the
Arts District complex.
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Apparently, the tallest component of this phase may deliver at
around 22/23 stories...according to the Press Conference that
also stated the residential is on top. 'Official' groundbreaking this
Summer.
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WFAA-8 DFW News just also added a short report that the build-
out (of the 10 acres Billingsley owns) projects to have 3-4 mid-
rises in the 20+ story range.