A one and a two
Developer starts planning its next number in booming Arts District
11:26 PM CST on Thursday, January 11, 2007
By STEVE BROWN / The Dallas Morning News
Developer Billingsley Co. – whose Arts Plaza project in the Arts District was the first office building started in downtown in almost 20 years – is already working on plans for a second building.
Brokers representing the builder are pitching the project to potential tenants who would fill the 18-story building to be constructed at Woodall Rodgers Freeway and Routh Street.
Brokers are already pitching Billingsley Co.’s building at Two Arts Plaza to potential tenants who would fill the 18-story building planned for Woodall Rodgers Freeway and Routh Street.
At 442,000 square feet, the new building will be similar in size to One Arts Plaza but will contain no residential space. Like the first building, Two Arts Plaza has been designed by Dallas architects Morrison Seifert Murphy.
Construction of the $125 million One Arts Plaza is scheduled for completion later this year.
Office tenants in the building include law firm Thompson & Knight and 7-Eleven Inc.
When Billingsley Co. announced plans for the first building in early 2005, it was the first office tower planned downtown since the 1980s.
Several office buildings are now under way on either side of Woodall Rodgers, and construction is also under way on a new performing arts center in the Arts District.
"With the construction of several world-class architectural projects under way at once, our job is becoming easier every day," said Joel Pustmueller with Peloton Real Estate Partners, which markets the office space in One Arts Plaza.
"The master plan of the Arts District is literally unfolding before your eyes."
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