DALLAS FORT WORTH | Urban + Suburban P & C

[Sic'EmBears]

$1 billion Frisco Station development will start with office project
Steve Brown
May 5, 2016

The office development will be the first phase of the Frisco Station project near the northwest corner of the Dallas North Tollway and Warren Parkway.

Plans call for the 242-acre Frisco Station to wrap around the Dallas Cowboy’s new headquarters and training center.

Meyer said the Cowboys’ Star complex will focus a lot of attention on Warren Park.

“With the access to the tollway, it was the best site for the building,” he said. “We have great early interest in the project – we wish we had it done a while ago.”

The office development will be the first component of Frisco Station to start construction since the project was announced in late 2014.

“Frisco Station is unlike any other development in this region because it is specifically designed to attract and nurture the nation’s top innovative brands and emerging talent,” Mike Berry, president of Hillwood Properties, said in a statement. “Frisco Station will be a highly desired destination where the top thinkers and producers want to work, and where businesses come to thrive.”

Along with more than 2 million square feet of office buildings, plans call for Frisco Station to contain more than 2,000 apartments and homes, shops, restaurants and medical buildings.

VanTrust plans to begin construction on the first office building in September and open the project about a year later.

The entire Frisco Station project will eventually house almost 15,000 workers in office and commercial projects.

The Frisco Station building will open in the second half of 2017. (HKS)

Full Article

[Sic'EmBears]

Siteplan of the aforementioned Frisco Station office tower:

[Sic'EmBears]

Via Urban Dallas Photography:

Lawrence Hotel conversion

[drummer]

I actually like that...with the exception of the sun rays. Personal opinion, of course, but I'm not a fan of that little feature.

[Sic'EmBears]

New Park District video:

Video Link

[R1070]

It looks great!

[Sic'EmBears]

Another mixed-use development kicking off on Frisco’s $5 billion mile
Steve Brown
May 12, 2016

Goviea Commercial Real Estate is building the more than 25-acre development between Stonebrook Parkway and the Dallas North Tollway.

Four office buildings, a hotel and a handful of restaurant and retail buildings are planned in Stonebrook Park. The development will be just north of the $1.6 billion Wade Park project.

“We are breaking ground in about a week,” said Sayres Heady with Heady Investments, which is leasing the project. “The project has taken a long time to get going, and we are putting the finishing touches on it.

The three-story, 90,000-square-foot office building is at the south end of the development site.

Three more office projects that will add up to about 480,000 square feet are planned.

A row of freestanding retail and restaurant buildings will line the tollway service road on the west side.

“We are under contract for two different hotels,” Heady said. “We are talking to a couple of restaurants that would cater to the office tenants.

Construction on the first office building in Stonebrook Park should be finished next year.

Full Article

[Sic'EmBears]

Irving's Pioneer project update:

Pioneer Natural Resources gets $6 million in economic incentives for new Irving headquarters campus
Steve Brown
May 12, 2016

Irving’s city council voted Thursday night to provide almost $6 million in economic incentives for a new office headquarters for Pioneer Natural Resources.

Pioneer Natural Resources – an energy firm already based in Irving – would move almost 1,100 people to the planned 750,000 square-foot office development on Hidden Ridge Drive.

“It’s an opportunity to retain a major employer with a very highly paid workforce,” Scott Connell, director of Irving’s Economic Development department, told the council. “A critical issue for us is it secures a major anchor for the Hidden Ridge development.”

Located on 110 acres adjacent to communication firm Verizon’s long-time Irving regional office, the Hidden Ridge development will be constructed adjacent to a new DART commuter rail station.

The ambitious mixed-use project is planned to include more than 2 million square feet of office space, apartments, retail, restaurants and a hotel.

Pioneer Natural Resources new headquarters would be in the blue buildings just west of the planned Hidden Ridge town center and DART rail station. (Gensler)

Verizon has told Irving that the development could eventually be worth more than $1 billion and house up to 10,000 workers.

Pioneer’s planned office would sit on 38 acres in the center of the Hidden Ridge development, adjacent to residential and retail center and the new transit station.

“We are very excited about retaining a major employer in our community,” Connell said. “The company is still considering opportunities in other Metroplex cities.

To land the Pioneer project, Irving agreed to give the company more than more than $5 million in property tax abatements over a 10-year period. The city council also voted to give Pioneer cash economic grants of more than $700,000 to be paid in installments over a period of several years.

To qualify for the initial economic incentives Pioneer will have to have its new Hidden Ridge offices open by 2020 and 1,090 people working there. The company has said it expects to grow its workforce by more than 300 people after the project is finished.

Irving’s agreement also requires Hidden Ridge to build a large portion of its apartments in a high-rise building of at least seven floors.

Construction on the Hidden Ridge project could begin as soon as late this year. Architect Gensler has been working on master plans for the transit-oriented development.

Full Article

[maconahey]

Ramada Plaza redevelopment


1920 McKinney


McKinney & Olive


One Uptown


SkyHouse Victory Park (right) & The Ascent (left)

[Sic'EmBears]

Apartment tower in the works on downtown Dallas’ east side
Steve Brown
May 16, 2016

Developer Greystar plans to build the tower in the City Lights project on Live Oak Street a block east of downtown.

The project is planned to contain 350 apartments and 50,000 square feet of retail space, according to development plans filed with the City of Dallas.

The development plans include a “Multifamily Tower – 165 feet.”

That would be about 12 or 13 floors.

Greystar already has one Dallas apartment tower in development – the 23-story, 302-unit Ascent apartment building in Dallas’ Victory Park, across the street from the American Airlines Center arena.

Full Article

[Sic'EmBears]

First retail tenant signed for downtown Dallas’ Thanksgiving Tower redo
Steve Brown
May 16, 2016

The Dallas-based investment group is spending $37 million to revamp the 50-story, 1.4-million-square foot Thanksgiving Tower at 1601 Elm Street.

The ground floor of the 1980s building is being redone to include restaurants and retail space.

Ascension Coffee is the first announced retail tenant for the office high-rise.

The Dallas-based coffee spot will open a 2,600-square-foot location in early 2017 in the ground-floor lobby on Elm Street. The location will include a large outdoor patio.

“We’re excited to welcome Ascension to the building. It’s an innovative company that shares our enthusiasm for downtown, and this location will add a wealth of options for our tenants and the larger downtown community,” Jonas Woods, owner of Woods Capital, said in a statement. “Our extensive, curb-to-core renovation is expected to deliver in January 2017 and Ascension Coffee will be an effortless fit.”

Ascension Coffee has been in business in the Dallas Design District since 2008 and recently opened at The Crescent.

Full Article

[Sic'EmBears]

Tyler bank funds Frisco Station construction on $5 billion mile
Steve Brown
May 17, 2016

Southside Bank is financing infrastructure construction at the 242-acre Frisco Station development on the Dallas North Tollway.

Southside Bank said Tuesday that it provided loans to pay for constructing roads, water, sewer and other utilities in the project near Warren Parkway and the tollway. The work will start next month.

“Frisco Station is a marquee project in one of the fastest growing areas in the region,” Tim Carter, North Texas regional president of Southside Bank, said in a statement. “We’ve had a great relationship with Hillwood over the years and are pleased to be part of such a prominent project that will change Frisco’s landscape.”

The overall development is planned to include more than 5 million square feet of office space, 2,400 urban living units, hotel and conference facilities and more than 250,000 square feet of retail and mixed uses.

“The financing by Southside Bank is a major step forward in our efforts to turn our vision for Frisco Station into reality,” said Mike Berry, president of Hillwood.

Full Article

[maconahey]

The Union site as seen from McKinney & Olive's webcam

[R1070]

The Union project has removed such a large surface lot in that area. It will really make a big impact and it's such a high quality project. I'm very excited to see it constructed.

[Austin55]

American Airlines imploding former HQ building to make way for Fort Worth expansion



Yet to see any renderings or anything on the new building, info has been sparse.

[maconahey]

Second-Deck Park to Open Near Dallas Zoo
$50 million has been earmarked for the project

By Ben Russell

*Funding was set aside last month to build a deck park over Interstate 35E in the area around the Dallas Zoo, between South Marsalis and South Ewing avenues. The money — $50 million — would cover an estimated 80 percent of the total cost, according to a representative of the North Central Texas Council of Governments.

*In the area of I-35E around the zoo, the highway will be widened from 8 to 10 lanes and the deck park would be built over the top.

*The deck park project is slated to go to bid in 2017, according to NCTCOG public involvement manager Amanda Wilson, with completion set for summer of 2021.

http://www.nbcdfw.com/news/local/Dal...379768131.html

[Sic'EmBears]

New high-tech Toyota division lands at Plano’s Legacy West Urban Village
Steve Brown
May 18, 2016

A new high-tech company recently set up by car giant Toyota has landed in Plano’s Legacy West project.

But the workers won’t be at the company’s new Plano campus.

Toyota Connected Inc. has rented a block of office space in the new Legacy West Urban Village mixed-use project under construction at Dallas North Tollway and Legacy Drive.

“This office space will be Toyota Connected’s Global Headquarters,” Zack Hicks, the CEO of Toyota Connected, said in a statement. “Since we are a startup, we’ve leased 20,000 square feet for five years to accommodate our first 100 employees.

“We are excited about this new live-work-play space and think our new employees will love this creative and engaging new environment,” he said.

“It’s close enough to collaborate with Toyota’s new North America Headquarters, but will remain separate to create their own startup culture. We anticipate moving into the new space towards the end of the year.”

Toyota Connected, which was announced last month, is an expanded collaboration between the automaker and Microsoft.

The company will develop automotive data management and analytics and research.

Toyota and Microsoft have been collaborating on connected-car systems for five years.

The automaker invested $5.5 million in the new operation.

Full Article

[Sic'EmBears]

American Airlines imploding former HQ building to make way for Fort Worth expansion
Candace Carlisle
May 17, 2016

"This will be the location of our new headquarters," American Airlines spokesman Matt Miller told the Dallas Business Journal."We're getting rid of the old facility, which has been vacant for a few years. The new building will sit on the same parcel of land."

The building implosion — which is slated for early Friday afternoon — is the next step in American Airlines making way for its new $350 million corporate campus that will sit on 300 acres west of Texas 360 next to American Airlines' training and operations center.

"We will implode the building, move the debris and start on construction on the new campus later this summer," Miller told me. "This is an important next step."

Full Article

[Austin55]

Arlington, Rangers expected to unveil plan for new stadium


http://www.star-telegram.com/news/lo...e78764147.html

-$900 Million to be split between team and city
-Include a retractable roof
-Current stadium lease is up in 2024

[Sic'EmBears]

Perot’s Hillwood Urban shopping Valley View mall for office development deal
Steve Brown
May 27, 2016

A rendering of the new office tower that Hillwood Urban, one of Ross Perot Jr. s real estate development firms, plans to build on a 20-acre property that includes part of Dallas’ Valley View Mall.

The real estate firm says it has started work on conceptual designs for the office project to house companies seeking 200,000 or more square feet.

“We like the property because it has the frontage on 635,” said Ken Reese, executive vice president with Hillwood Urban. “It’s also the piece of the property that’s on the planned park in the masterplan.

“We have already been whispering around a bit about it” with potential tenants, Reese said.

Hillwood Urban was set up last year as one of the Perot family’s real estate firms. The company has development sites in downtown Dallas and in Victory Park and is seeking additional project opportunities.

Full Article