DALLAS FORT WORTH | Urban + Suburban P & C

[N90]

Is the Harwood Forum happening or not? What are the specifics on office space, hotel rooms, MFH, etc?

[Sic'EmBears]

Originally Posted by N90

Is the Harwood Forum happening or not? What are the specifics on office space, hotel rooms, MFH, etc?

Nothing has been officially released as of now, however there is much speculation that Harwood International is serious about this.

Furthermore, the renderings you see were quickly taken down after being "leaked" online.

As of now it's a waiting game for Harwood to finalize plans...however, this crucial step could take months.

[Thymant]

Double post Sic'EM Bears beat me to it

[N90]

Originally Posted by Sic'EmBears

Nothing has been officially released as of now, however there is much speculation that Harwood International is serious about this.

Furthermore, the renderings you see were quickly taken down after being "leaked" online.

As of now it's a waiting game for Harwood to finalize plans...however, this crucial step could take months.

The twin towers looks so awesome, Marina Sands Bay style with the convergent pool in the middle. I like this development and it will be incredible for DAL to get this.

If anyone knows, how will Harwood finance this? Do they have the means to do this? We don't need any repeats of the Garrett Keller Chicago Spire case IMO.

[Sic'EmBears]

Champions Park development ‘will be something Arlington will really be proud of’
Robert Cadwallader
August 29, 2015

The $30 million Champions Park project, an 80,000-square-foot mixed development of restaurants and shopping, is set to break ground in mid- to late October at the most visible intersection in the city’s entertainment district.

The structures will be arrayed around a grassy festival area for concerts and community events, she said.

"WE HAVE A STACK OF LETTERS OF INTENT — A HUGE STACK — MORE THAN WE CAN FIT IN THE PLANNED DEVELOPMENT. OUR TASK NOW IS PICKING THE RIGHT MIX OF RETAIL AND RESTAURANTS TO ENSURE A SUCCESSFUL DEVELOPMENT."

Full Article

[dollaztx]

Originally Posted by N90

The twin towers looks so awesome, Marina Sands Bay style with the convergent pool in the middle. I like this development and it will be incredible for DAL to get this.

If anyone knows, how will Harwood finance this? Do they have the means to do this? We don't need any repeats of the Garrett Keller Chicago Spire case IMO.

A lot of people are wondering if Harwood is a legit developer. Harwood is not new to Dallas, they have been building for decades. They have their own district in Uptown Dallas. This is why everyone is taking their Forum project serious. I'm sure they wouldn't have a hard time financing it. The real question is if they will wait for a lead tenant or hotel brand, it all depends on the details so we shall wait. Here are just a few projects they have developed or U/C:
Bleu Ciel

http://www.themarkcompany.com/project/bleu-ciel/
New Rolex Building

http://bizbeatblog.dallasnews.com/2015/08/construction-kicks-off-on-uptowns-newest-project.html/

Azure
http://i10.photobucket.com/albums/a110/Dallasbrink/Azure_093007.gif
Saint Ann Court

http://www.shimodadesign.com/index.php?/commercial/saint-ann-court-dallas-texas/
Frost Tower

http://www.harwooddistrict.com/history-of-harwood/

[Thymant]

Thanks for clarifying that dollaztx, Harwood does have a very good track record in terms of the projects that they announce and odds are this is a very real development.

[dollaztx]

High-rise apartment tower coming in Dallas’ Deep Ellum district

Developers are launching construction of the largest new real estate project yet in Dallas’ Deep Ellum neighborhood.

Investor Westdale Properties andStreetLights Residential plan to build a 17-story apartment tower just south of Baylor Medical Center.

Called The Case Building, the 337-unit tower at Main and Hall streets will be the first high-rise apartment in Deep Ellum.

To fit into the old commercial district, the new apartment tower will be built in what the developers call an “industrial style.” Rental units will have 10-foot concrete ceilings, exposed brick walls and open metal shelving in the kitchens.

[colemonkee]

^ Nice! Those should have pretty amazing views of the downtown and uptown skylines.

[KevinFromTexas]

That last one is great. Very cerebral looking building.

[Sic'EmBears]

Construction tops out on fourth State Farm tower in Richardson
Steve Brown
September 1, 2015

Developer KDC has topped out construction on the fourth building in the huge State Farm Insurance campus in Richardson.

State Farm won’t move into the last building in its campus until early next year.

When completed, CityLine is expected to have about 6 million square feet of office space, almost 4,000 apartments and more than 300,000 square feet of shopping space.

Full Article

[Sic'EmBears]

Northeast Dallas apartment community breaks ground next to Texas Health Presbyterian
Steve Brown
September 1, 2015

A luxury rental community is in the works for a block just north of Texas Health Presbyterian Dallas.

CMC Commercial Realty Group is building the five-story, 230-unit Everton apartments at the northwest corner of Walnut Hill Lane and Rambler Road — across the street from the hospital and DART’s light-rail station.

Dallas-based architect Corgan designed the project.

Full Article

[Owlhorn]

The area around Presby is really heating up. This is like the 4th project there.

[Sic'EmBears]

International architecture firm will move to downtown’s historic Dallas High School
Steve Brown
September 2, 2015

Developers who are renovating downtown’s historic Dallas High School have landed two office tenants for the landmark.

International architect Perkins+Will and engineering firm WSP USA have agreed to lease office space in the building, according to financial documents filed with Dallas County.

“With Jack Matthews taking control of Crozier Tech, it’s an enormous step forward for downtown,” Crawford said. “He is committed to doing it right and preserving the history.”

Full Article

[skys the limit]

CoreLogic report: Dallas still tops for home price gains
Steve Brown, Published September 1, 2015, Dallas Morning News


The Dallas area is hanging onto its perch at the top of the list of U.S. cities with the largest home price gains.

Dallas-area home prices in July rose at a greater pace than the nationwide average according to the latest report from CoreLogic Inc.

Home prices in Dallas were up 9.3 percent from July 2014 levels. U.S. prices rose 6.9 percent in the same period.
....

North Texas home prices have been growing at more than twice long-term average rates throughout 2015.

Economists credit the area’s booming population and tight housing supplies with creating the dramatic price inflation.

Article: http://bizbeatblog.dallasnews.com/2015/0...as-still-tops-for-home-price-gains.html/

[skys the limit]

Dallas area ranked No. 3 for new jobs among all U.S. metros in July


The Dallas-Plano-Irving area generated new jobs at nearly four times the rate of the Fort Worth-Arlington area in July.
Above is the downtown Dallas skyline.

Sheryl Jean, Published September 1, 2015, Dallas Morning News

For the third straight month, the Dallas-Fort Worth area ranked No. 3 among all U.S. metropolitan areas for the most new jobs as of July.

The D-FW area added 121,700 seasonally unadjusted jobs through the last 12 months ended July 31, according to data released today by the U.S. Bureau of Labor Statistics.

More than three-quarters of those jobs, or 94,300, were added in the East metro — in the Dallas-Plano-Irving area.

The New York area added the most jobs (164,400) followed by the Los Angeles area (157,500). The top three metro areas have remained the same for the last three months.
....

Also today, I wrote that the Dallas area ranked as the No. 1 U.S. metro area for small business jobs for the 11th straight month in August, according to the latest Paychex/IHS Small Business Jobs Index.

Article: http://bizbeatblog.dallasnews.com/2015/0...-jobs-among-all-u-s-metros-in-july.html/

[Sic'EmBears]

Exclusive: Developer Craig Hall planning next phase of Hall Arts in Dallas
Candace Carlisle
September 2, 2015

Developer Craig Hall could announce the next office tower in Hall Arts as early as this fall as the soon-to-be completed KPMG Plaza at Hall Arts gets closer to being fully leased.

"We've been looking at planning another office building and we've looked at other uses as well," Hall, chairman of Hall Financial Group, told the Dallas Business Journal in an exclusive interview. "We are not going to immediately start anything, but we hope to announce something in the next few months or maybe later this fall."

Full Article

[Sic'EmBears]

Developers are close to a groundbreaking for big project in Oak Cliff’s Bishop Arts district
Steve Brown
September 2, 2015

“It’s imminent – we will certainly start very soon,” said developer Michael Nazerian. “We still have to work with the city on some utilities and other items.”

Much of the planned project will be one and two story buildings that line the street fronts and will fit in with older, nearby structures, according to designs by architect Gensler.

There’s also a large parking garage and 4-story apartments in Gensler’s masterplan for the property. A small hotel is planned.

Full Article

[cabasse]

still hasn't sunk in yet, but it looks like i'll be moving to dallas in two weeks! working in arlington, off i20. anyone have suggestions for a place to move that isn't too expensive (uptown?) but also isn't totally banal suburban? should i consider ft worth? probably the wrong place to even bother asking this, but the texas forum looked pretty sleepy.

[drummer]

dallasmetropolis.com has a lot more action for DFW.