DALLAS | Cadiz and Canton | 80 FLOORS x2 60 FLOORS x2

[Sic'EmBears]

Exclusive: Turkish developer to buy land near Dallas City Hall for $1.2B multi tower project
Candace Carlisle
October 24, 2014

Roughly five acres of land behind Dallas City Hall is under contract by Turkish developer Mike Sarimsakci, who has started designing plans to build a $1.2 billion ground-up development to put four mixed-use towers in downtown Dallas.

The four towers include two 80-story towers and two 60-story towers originally conceived by Sarimsakci for the proposed redevelopment of Pacific Plaza Park(except he'd like to double the project). If the deal goes through, the project would be developed at 1701 Cadiz St. and 1502 Canton St., each valued at about $1 million by the Dallas Central Appraisal District.

"These towers would be the tallest west of the Mississippi," Sarimsakci told the Dallas Business Journal in an exclusive interview. "We are going to do it. We have the land under contract and Dallas needs to shine.

"We are under contract and we have the capital ready," he said, adding that he has a number of international capital backers eager to invest in downtown Dallas.

Sarimsakci said he's working with architecture firm HOK on plans to design the four towers. On the wish list: 1,200 condo units, up to 300,000 square feet of retail space, up to 3 million square feet of office space and a 200-room ultra-luxury hotel.

Sarimsakci says he wants to bring luxury brands such as Prada and the Four Seasons into this portion of Dallas.

Full Article

[chris08876]

Holy shit Dallas! Great news. City is really out of control with the development, and may the boom continue!

[Zapatan]

Awesome!

[SLO]

Wow. Excellent, Houston will not like this!

[KevinFromTexas]

So this means Dallas is in the running for 4 new supertalls? And possibly even 6 if those two 60-story towers end up being at least 984 feet.

[chris08876]

It will be nice to see if the Ross Perot tower manifests itself past 300m. Even with a spire, its something.

Lots of potential here.

1,200 condo units, up to 300,000 square feet of retail space, up to 3 million square feet of office space and a 200-room ultra-luxury hotel.

[KevinFromTexas]

Oh yeah, I'd forgotten about that one.

So there's the potential for the 4 towers in this project to be supertalls as long as they hit at least 984 feet.

And then there's the twin 80-story Harwood Forum Towers.
http://forum.skyscraperpage.com/showthread.php?t=218629

Ross Perot's 1.5 million square foot tower.
http://forum.skyscraperpage.com/showthread.php?t=213541

And the 984 foot 70+ story Pacific Plaza project.
http://forum.skyscraperpage.com/showthread.php?t=211530

So potentially that's 8 new supertalls for Dallas.

[Sic'EmBears]

Turkish Mike, a new member on Dallasmetropolis, has published information on Turkish developer Mike Sarimsakci's major downtown proposals.

Chavez lots behind city hall initially consisted of 4 towers. But it could be 5.

The projects is a mix use project. Condos, apartments for rent, offices and 2 hotels would be the mix.

I have to wait for the oil to be at $60 to $70 a barrel as I was trying to attract energy related companies.

If that does not happen, I have to figure out another approach.

Some other developer might have a better idea then it would be theirs.