Quote:
Originally Posted by llamaorama
It still looks like vaporware. Honestly I kind of hate it, given how high commercial vacancies are the best case scenario is this would cannabalize older towers in the downtown core and maybe even lead to some demolitions or abandonment. It sprawls the CBD away from from the Main Street core and away from DART. It looks like they are going to tear down a lot of existing residential units to create a big empty lot that will take forever to fill with the different phases.
I just think Dallas is notorious for these types of developments that always end up half-complete and leave empty lots everywhere. Cityplace was never realized. Victory as originally proposed before the recession wasn't realized and is just now backfilling with more conventional development. Etc. Dallas developers always bite off more than they can chew and then nobody is surprised when they gag.
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What is next to this proposed development (is that a museum on the lower left?) and where is it in relation to the downtown core? I thought Dallas was trying to convert some of the downtown towers to residential, but read that some towers were still empty. Odd that downtown Dallas seems to have struggled except for the area around the basketball stadium. Downtown LA struggled for the longest but has taken off.