Dallas Fort Worth Urban Forum

Tucy

jetnd87 wrote:Even with the CEO of Mandarin Oriental's announcement?

Yes, even with the CEO of Mandarin Oriental's feel-good press release.

Tucy

So is the building that currently sits here being razed? I'm happy to have more dense development here, but this is actually a pretty lovely looking building. Apparently so, at least according to Steve Brown: "Announced last fall, the Turtle Creek tower will replace a 9-year-old office buildin...

Tucy

Motto is one of Hilton's newest brands. Spark is not listed on their website, but according to a bit more digging, Hilton has been testing aspects of Spark at various Doubletree properties in other cities (not here). They don't come out and say that any or all of those Doubletree hotels will flip t...

Tucy

February 2019 ridership: 32,998
March 2019: 39,093
April 2019: 33,589
May 2019: 35,878
June 2019: 39,154
July 2019: 41,818
August 2019: 42,637
September 2019: 43,757

Tucy

"They should aim for making it the tallest building West of the Mississippi River. Dallas' tallest have traditionally held this title. We need to reclaim that title once again. And without a cheater spire!" If that was ever truly the case, it was a very long time ago. It has been 50 years...

Tucy

Tnexster wrote:So the sellout projection continues to grow as the months tick by.

Yeah. I'm a little surprised at how slowly this one is selling. I guess Dallas's high-rise market is really still not ready for prime time.

Tucy

October 2019

1 unit sold. 64 sold in 23 months (2.783 per month) 94 remaining.

Sell-out projection: 4 years, 9 months.

Tucy

October 2019 Zero sold. 107 sold in 83 months. (1.289 per month) 7 remaining. Rolling 12-month sales: 7 (.583 per month) Sellout projection, based on the pace of sales thus far: 7 years, 5 months. Sellout projection, based on the 12-month pace of sales: 7 years, 11 months. FWIW, they have sold 5 in ...

Tucy

I can't see the whole article (paywall), but before it blacks out I was able to read that the project reduces the highway's footprint. Looking at the documents I can find on line, the only footprint reduction I see is the removal of the Cesar Chavez ramps. Is that what they are referring to? (It doe...

Tucy

Glad to see this moving along but still painfull that it will only take you to the perimeter of Houston and not directly downtown. I wonder if there is any chance that there could be a future extension from the perimeter to downtown. I'm sure if it was the other way around, there would many promine...

Tucy

Occidental bought out Woodlands-based Anadarko and now has a 1,600,000+ square foot campus there in addition to 960,000 square feet it leases in Greenway Plaza and 1,400,000 in West Houston's Energy Corridor. It has had 750,000 of the Greenway space up for sublease for a year, pending plans to move...

Tucy

Dfwn2n wrote:When are they going to expand the second level? They keep talking about it.

Other than people in this forum, who keeps talking about it?

Tucy

Oh, the website for the property says 41. So it does. This is not the first time a developer has exaggerated on their website. ;-) There is no 13th floor, so while their plans show a "41st" floor, it is in reality only the 40th floor. Plus, they seem to do some funny counting on the base ...

Tucy

R1070 wrote:Are they on the 13th level?
It will be 41 floors.

Pretty sure the building will be 39 stories.

Tucy

The latest Census Bureau statistics, and the latest Ft. Worth Star Telegram article, confirm in fact that seems to have become reality. To wit: "But a large number of Fort Worth residents — nearly 192,000 people — still leaves the city for work, Census data shows. Between 2005-14, the percenta...

Tucy

CAIN JOHN CHARLES PO BOX 987 ATHENS, TEXAS 757510987 aka The Cain Foundation https://www.gordonacainfoundation.org/ The Gordon A. Cain Foundation is a non-profit philanthropic organization incorporated in the State of Texas in 2007. It was founded to provide financial support to charitable organiza...

Tucy

R1070 wrote:I believe Etoile is sold at Stanley Korshak. It must not have many if any brick & mortar locations.

It appears that this will be their first location. They are a Dallas company that launched not quite two years ago.

Tucy

That parking lot is owned by a family fund out of Houston who uses the money they make on parking to donate to charities down there. Hopefully, the right developer will come along and talk them out of parking revenue and into property development value profits. DCAD says it (the parking lot overloo...

Tucy

Is this it?

https://www.etoilelaboutique.com/

Tucy

September 2019

1 unit sold. 63 sold in 22 months (2.864 per month) 95 remaining.

Sell-out projection: 4 years, 8 months.

Tucy

September 2019

One sold.

107 sold in 82 months. (1.305 per month) 7 remaining.
Rolling 12-month sales: 7 (.583 per month)

Sellout projection, based on the pace of sales thus far: 7 years, 4 months.
Sellout projection, based on the 12-month pace of sales: 7 years, 10 months.

Tucy

If WeWork's model doesn't work, some office owners are in trouble https://www.dallasnews.com/business/real-estate/2019/09/27/if-wework-s-model-doesn-t-work-some-office-owners-are-in-trouble/ This story has been brewing for a while, but I'm glad Steve Brown finally wrote about it from a local perspe...

Tucy

BTW, when did KDC get involved? They always make future developments more promising with their experience and know how. I could also see them starting with residential. It seems to be a sector that is bulletproof in Dallas. ( at least the rental part of it) KDC has been involved since the first pub...

Tucy

At its September meeting the DFW Airport Board had on its agenda, and presumably approved an increase in the contract for Terminal F Phase 1 - Construction Manager at Risk, in an amount not to exceed $62,634,577.00, for a revised Contract amount of $132,745,984.00. According to the agenda item, &quo...

Tucy

Any particular reason why were seeing growth? Does anyone know if companies are providing passes to employees? This certainly is an encouraging trend. And in the meantime, DARTS orange line train to and from DFW is virtually empty at all times, which is very discouraging. 95% of the people I talk t...

Tucy

August 2019

1 unit sold. 62 sold in 21 months (2.95 per month) 96 remaining.

Sell-out projection: 4 years, 6 months.

Tucy

February 2019 ridership: 32,998
March 2019: 39,093
April 2019: 33,589
May 2019: 35,878
June 2019: 39,154
July 2019: 41,818

Tucy

August 2019

Zero sold.

106 sold in 81 months. (1.309 per month) 8 remaining.
Rolling 12-month sales: 6 (.5 per month)

Sellout projection, based on the pace of sales thus far: 7 years, 4 months.
Sellout projection, based on the 12-month pace of sales: 8 years, 1 month.

Tucy

Cbdallas wrote:Would love to know of the other large cities in the US that use open pay open access like DART or those that use a closed pay to enter system. Pros and Cons of both.

I think most light rail systems are open pay open access.

Tucy

Local transportation officials have sought to sweeten the deal, too. Michael Morris, the director of transportation for the North Central Texas Council of Governments, proposed committing $10 million to $15 million to improve transportation in and around Uber’s office. Among the ideas, he suggested...

Tucy

There are major fights every weekend on 6th street, but they are always just drunken brawls that are broken up by the mounted police (lol.) and it's almost part of the party vibe. If Deep Ellum is actually experiencing violent crime on a weekly basis, especially ones involving gunfire, then we have...

Tucy

Do we have any idea what other cities might be in the running for the 3,000 Uber jobs?

Tucy

July 2019

2 units sold. 61 sold in 20 months (3.05 per month) 97 remaining.

Sell-out projection: 4 years, 4 months.

Tucy

July 2019

Zero sold.

106 sold in 80 months. (1.325 per month) 8 remaining.
Rolling 12-month sales: 6 (.5 per month)

Sellout projection, based on the pace of sales thus far: 7 years, 3 months.
Sellout projection, based on the 12-month pace of sales: 8 years.

Tucy

Our million-dollar bus doesn't add up. We did the math https://www.dallasnews.com/opinion/editorials/2019/07/22/million-dollar-bus-doesnt-add-math The busses are overpriced and we should have done better... but this article is very poorly researched and written. It goes on to factor 'upkeep' of the...

Tucy

This looks really cool and may indeed be a game-changer. It might be nit-picking, but is anyone else a bit troubled by the placement of the giant screen with relation to the trees? The trees seem to do a really good job of blocking views of the giant screen.

Tucy

Does anyone recall what their current completion deadline is (per their subsidy agreement with the City of Dallas)?

Tucy

June 2019

2 units sold. 59 sold in 19 months (3.11 per month) 99 remaining.

Sell-out projection: 4 years, 3 months.

Tucy

May 2019

0 units sold. 57 sold in 18 months (3.17 per month) 101 remaining.

Sell-out projection: 4 years, 2 months.

Tucy

June 2019

One unit sold.

106 sold in 79 months. (1.34 per month) 8 remaining.
Rolling 12-month sales: 11 (.92 per month)

Sellout projection, based on the pace of sales thus far: 7 years, 1 month.
Sellout projection, based on the 12-month pace of sales: 7 years, 4 months.

Tucy

$95 Million loan for The McKenziehttps://www.dallasnews.com/business/real-estate/2019/06/27/new-dallas-residential-tower-lands95-million-loan

Seems surprising they are only at 50% occupancy this long after opening (getting close to a year).

Tucy

https://www.dart.org/news/news.asp?ID=1405 "At DFW Airport, the project will connect to the TEXRail Regional Rail Line to Fort Worth and provide access to the DFW Airport Skylink. The Silver Line will interface with three DART light rail lines: The Red/Orange Lines in Richardson/Plano, the Gre...

Tucy

clcrash19 wrote:Its better than nothing, some of the buildings aren't poorly designed.

Now, that's some high praise.

Maybe Harwood should quote this in their marketing material.

Tucy

tamtagon wrote:I think it's the original, from, like, before the turn of the century.

Uptown was the first Gingerman in DFW, but it's not the original.

Tucy

Cbdallas wrote:Outside of Vegas is there even a brand for Hard Rock anymore???

They have about 185 Hard Rock Cafes and almost 50 hotels all over the world and they are rapidly expanding the hotel brand. So, apparently, yes.

Tucy

ContriveDallasite wrote:Any infos regarding price reductions on units facing the new tower construction side?

Good question. Unfortunately, I have no idea. There does seem to have been a recent spurt of resales, but I don't know where in the building they are located.

Tucy

Wow. That would make Fountain Place 66% vacant.

For the record, CBRE tells us that the Class A vacancy rate in Uptown is 15.7% with total Class A availability of 19.5%

Tucy

So, are floors 2-6 now parking, instead of apartments?

Tucy

Speaking of ridership, here are the numbers for average weekday ridership at the DFW station: FY 2014: 922 FY 2015: 898 FY 2016: 968 FY 2017: 976 FY 2018: 929 DFW Airport passenger traffic in roughly that time period increased 14.35%. The population of the Dallas side of the metroplex increased by 8...

Tucy

TexRail to receive $499 million from the FTA Full Funding Agreement over several years. http://www.star-telegram.com/news/traffic/your-commute/article121099198.html Make note of this quote for future reference (because it will probably go down the memory hole): The trains are expected to operate ab...

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