Trammell Crow Building 3 Mixed-Use Developments in Dallas

As HBW subscribers in Dallas already know,  Trammell Crow will be very busy building mixed-use mega developments in Dallas throughout 2015. Last week, Trammell Crow finally revealed their majestic Uptown high-rise project. The 3-acre mixed-use project is being built in partnership with Metropolitan Life Insurance. Located on the north side of Klyde Warren Park, construction will soon begin at the Pearl Street and Woodall Rodgers Freeway intersection. This massive project will be built on the site of the Chase Motor Bank across the street from the Federal Reserve Bank of Dallas.

The location is a key part of the project’s market appeal. According to Trammel Crow Senior Managing Director Scott Krikorian, “We believe this is the best site in North Texas for a project of this kind. We are excited about working with MetLife and the City of Dallas to develop this site at the doorstep of our city’s signature park.” The development will be the largest retail/office/residential development in the Downtown or Uptown areas.

Park District, as the development is called, will be a 900,000-square foot office, retail, and residential property. The 19-story, 500,000 square-foot office tower will join a 255-unit, 32-story residential tower with 22,000 square feet of retail space in the lower levels. HKA Architects have created a sleek, modern look for the development, which features glass towers atop with low-glass facades for the restaurants and retail spaces. The Office tower, which will be the first section built, is located at the corner of Woodall Rodgers and Pearl, with the residential tower located on Olive Street.

Trammell Crow will be re-developing a parcel at McKinney Avenue and Bowen Street. The site is currently occupied by a single-story Café Express. Crow will replace the structure with a mixed-use residential tower and underground parking. According to the application on file with the City of Dallas, the 271-unit, 20 story tower would “primarily be multifamily residential, with some ground floor retail and restaurant space.” A new Café Express will be included in the retail space. The McKinney Avenue headquarters, barn, and museum for Dallas’ trolley line will be immediately adjacent to the development.

Trammell Crow has also joined with Northwestern Mutual real estate to build a 6-story mixed-use project in the Knox Heights neighborhood. The project will include 182 apartments and ground-floor retail space. The site, which is just over one acre in size, is currently occupied by a car wash, older homes, and a small apartment complex. The site is located between McKinney Avenue and North Central Expressway. The project is in the same neighborhood as the Sarofim Realty Advisors/Lincoln Property mixed-use project is being built, and it is just around the corner from Mills Creek Residential Trust’s 208-unit 6-story apartment building.

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