Dallas Fort Worth Urban Forum

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by Tucy
27 Feb 2021 15:34
Forum: Urban Development
Topic: Cityplace East: ACS/Xerox redevelopment
Replies: 322
Views: 166177

Re: Cityplace East: ACS/Xerox redevelopment

I think it may be more of "confused" "announcement." 750 apartments in a 17 story building seems unlikely. I don't know what that site is, but it looks like they may have cobbled together a set of random statements from the developer's earlier description of their first phase an...
by Tucy
27 Feb 2021 08:42
Forum: Urban Development
Topic: Cityplace East: ACS/Xerox redevelopment
Replies: 322
Views: 166177

Re: Cityplace East: ACS/Xerox redevelopment

I think it may be more of "confused" "announcement." 750 apartments in a 17 story building seems unlikely. I don't know what that site is, but it looks like they may have cobbled together a set of random statements from the developer's earlier description of their first phase and...
by Tucy
11 Feb 2021 08:58
Forum: Urban Development
Topic: Victory Park 3.0
Replies: 801
Views: 393960

Re: Victory Park 3.0

Zmitz wrote:"BOKA Powell was engaged in a design competition for a high-profile mixed-use site at the apex of Woodall Rogers and IH-35 in Dallas, formerly occupied by a brewery. .


At the [b]apex[b] of Woodall Rogers and IH-35???? LOL
by Tucy
07 Feb 2021 15:48
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

I did think my sources for the Nordstrom stores info was pretty reliable because they were in management in their marketing & advertising division, not people on the sales floor. I remain highly skeptical that the Northpark store has higher sales than stores such as the Seattle flagship (almost...
by Tucy
06 Feb 2021 12:45
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

Marshall Field's did fairly well here, but when the chain was bought by Macy's and was absorbed, they closed the stores across the country where they competed directly with Macy's. I don't know why Saks Fifth Avenue failed in that store since they did fairly well in their original location in the G...
by Tucy
06 Feb 2021 11:51
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

Marshall Field's did fairly well here, but when the chain was bought by Macy's and was absorbed, they closed the stores across the country where they competed directly with Macy's. I don't know why Saks Fifth Avenue failed in that store since they did fairly well in their original location in the G...
by Tucy
05 Feb 2021 21:42
Forum: Urban Development
Topic: Arts District: Hall Arts Hotel & Residences
Replies: 253
Views: 151752

Re: Arts District: Hall Arts Hotel & Residences

January 2021

0 units sold. 11 sold in 7 months (1.57 per month) 38 remaining

Sellout projection: 2 years, 8 months.
by Tucy
05 Feb 2021 21:40
Forum: Urban Development
Topic: Harwood Int'l District: Bleu Ciel (390 FT / 33 ST)
Replies: 215
Views: 130970

Re: Harwood Int'l District: Bleu Ciel (390 FT / 33 ST)

January 2021

2 units sold.

92 sold in 38 months. (2.42 per month) 66 remaining.

Sell-out projection: 5 years, 6 months.
by Tucy
05 Feb 2021 21:36
Forum: Urban Development
Topic: Museum Tower
Replies: 216
Views: 137008

Re: Museum Tower

Jan 2021

Zero sold.

112 sold in 8 years, 2 months. (1.14 per month) 1 remaining
Rolling 12-month sales: 2 (.17 per month)

Sellout projection, based on the pace of sales thus far: 8 years, 8 months.

Sellout projection, based on the rolling 12-month pace of sales: 100 months (8 years, 8 months).
by Tucy
05 Feb 2021 21:11
Forum: Urban Development
Topic: DTD: Fairmont Hotel
Replies: 3
Views: 2241

Re: DTD: Fairmont Hotel

CTroyMathis wrote:Well, hey, sound interesting: https://dallas.culturemap.com/news/trav ... town-95000

For $95,000, you can rent this entire downtown Dallas hotel all for yourself


Wow, I wonder what you could get the Sheraton for... $50,000?
by Tucy
05 Feb 2021 21:09
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

Source? My source is people who work for Nordstrom. NorthPark has been the chain's #1 store in sales nationally for awhile. Although the Galleria store is #2 in sales regionally, it is decidedly behind NorthPark. The Galleria ranks substantially lower in sales within the overall chain nationally. M...
by Tucy
05 Feb 2021 21:06
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

The Nordstrom Galleria store is #2 in sales volume in their Dallas/Ft. Worth region. Source? Marshall Field's did fairly well here, but when the chain was bought by Macy's and was absorbed, they closed the stores across the country where they competed directly with Macy's. I don't know why Saks Fif...
by Tucy
05 Feb 2021 21:03
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

The Nordstrom Galleria store is #2 in sales volume in their Dallas/Ft. Worth region. Source? My source is people who work for Nordstrom. NorthPark has been the chain's #1 store in sales nationally for awhile. Although the Galleria store is #2 in sales regionally, it is decidedly behind NorthPark. T...
by Tucy
04 Feb 2021 18:28
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

I keep hearing that Bloomingdale's is considering a return to Dallas & Saks Fifth Avenue is looking for another location. Free standing stores are the new direction for large department stores now. Of course you're hearing such things; this is Dallas. It's hard (impossible) for Dallas fashionis...
by Tucy
04 Feb 2021 18:22
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

rono3849 wrote:If the Galleria's planned changes actually happen, I expect it will survive. Willow Bend seems more at risk to me.


There's no doubt that Willow Bend is far more at risk than the Galleria. Willow Bend indeed seems to be at death's door, or at least walking up the sidewalk.
by Tucy
04 Feb 2021 18:21
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

rono3849 wrote:The Nordstrom Galleria store is #2 in sales volume in their Dallas/Ft. Worth region.

Source?
by Tucy
04 Feb 2021 17:40
Forum: Urban Development
Topic: North Dallas: Galleria
Replies: 143
Views: 46675

Re: North Dallas: Galleria

So strange to be talking about all of these malls today and the collapse of retail. 30 years ago I would not have imagined that these type of places would fall apart and go empty. I realize that Galleria is not completely to that level but wow the pandemic greatly accelerated all of this across the...
by Tucy
04 Feb 2021 15:00
Forum: Urban Development
Topic: Knox / Henderson - Knox Street Side
Replies: 466
Views: 235640

Re: Knox / Henderson - Knox Street Side

Can anyone find any indication that the feasibility study was ever done? I can’t comment on the above, but peep page 69 of the DART Reference Book. • City of Dallas working with NCTCOG to study potential extension to Knox Street, including potential upgrades to accommodate modern streetcar in the M...
by Tucy
04 Feb 2021 10:27
Forum: Urban Development
Topic: Knox / Henderson - Knox Street Side
Replies: 466
Views: 235640

Re: Knox / Henderson - Knox Street Side

Can anyone find any indication that the feasibility study was ever done?
by Tucy
04 Feb 2021 09:25
Forum: Urban Development
Topic: Knox / Henderson - Knox Street Side
Replies: 466
Views: 235640

Re: Knox / Henderson - Knox Street Side

Cbdallas wrote:Any official timing for the MATA extension?


Is there an actual plan for an extension, or is this one of those "plans" like the "plan" for a full second level expansion of Northpark? FWIW, I don' see anything about an extension in the NCTOG 2045 transportation plan.
by Tucy
02 Feb 2021 19:00
Forum: Suburban + Exurban Development
Topic: Plano: Willow Bend Mall
Replies: 83
Views: 18519

Re: Plano: Willow Bend Mall

Decided to visit the Willow Bend website and count the amount of tenants listed. Ended up counting 115 tenants, a significant decrease from the 150+ listed on Wikipedia. Interesting. I only count 96 (I suspect part of the difference is that I counted Nieman Marcus, NM's cafe and NM's Louis Vuitton ...
by Tucy
02 Feb 2021 15:23
Forum: City Issues/News
Topic: Downtown Progress
Replies: 216
Views: 85040

Re: Downtown Progress

UPDATED Occupied Officse Space per Transwestern: CBD 4th Q 2012: 27,209,000 4th Q 2017: 25,798,000 2nd Q 2020: 23,400,000 3rd Q 2020: 22,950,000 4th Q 2020: 23,215,067 Uptown 4th Q 2012: 10,396,000 4th Q 2017: 11,854,000 2nd Q 2020: 12,812,000 3rd Q 2020: 12,367,000 4th Q 2020: 12,244,054 Greater Do...
by Tucy
25 Jan 2021 12:36
Forum: Urban Development
Topic: Uptown Dallas: Business Openings and Closings
Replies: 553
Views: 267257

Re: Uptown Dallas: Business Openings and Closings

Remind me again, how many people use the streetcar on a daily basis? The most recent figure I see is 15k/year trips from 2008. Source: https://www.dallasnews.com/news/2018/04/25/get-your-wallets-out-bishop-arts-streetcar-will-no-longer-be-free/ At 365 days per year and most folks making a round tri...
by Tucy
21 Jan 2021 09:50
Forum: City Issues/News
Topic: Downtown Progress
Replies: 216
Views: 85040

Re: Downtown Progress

Lenders Moving to Take Control of One of Dallas' Biggest Office Towers

https://www.dallasnews.com/business/rea ... kyscraper/
by Tucy
18 Jan 2021 16:28
Forum: Urban Development
Topic: Northpark Center
Replies: 631
Views: 328146

Re: Northpark Center

acclar11 wrote:Has Gap closed yet? I wonder what will go in their space.


Have they slated it for closing or are you just assuming?
by Tucy
18 Jan 2021 14:19
Forum: Suburban + Exurban Development
Topic: Plano: Willow Bend Mall
Replies: 83
Views: 18519

Re: Plano: Willow Bend Mall

The indoor mall needs to be torn down. If that happens, I hope MAC, Anthropologie, Vineyard Vines, Allen Edmonds, J. Jill, and L'Occitane move to the Galleria. There are over 15 vacant stores on their luxury level (first level). Once Galleria redevelopment happens, that will kill Willow Bend. Speak...
by Tucy
15 Jan 2021 14:23
Forum: Texas Urban/Suburban/Exurban Development
Topic: Houston Development News
Replies: 16
Views: 8834

Re: Houston Development News

Depends on your comps. Going by Cushman & Wakefield Marketbeat I'm seeing Central London (270MM, 12MM available Q2, newest one not posted yet), DFW (237MM, 43MM vacant), Chicagoland (233MM, 40MM vacant), Paris city and La Défense (221MM, 6MM available Q2), and Boston (184MM, 28MM available). Ho...
by Tucy
11 Jan 2021 14:54
Forum: Urban Development
Topic: Uptown: Luxury Hotel, 2025 Cedar Springs (Pizza Hut Strip Mall)
Replies: 36
Views: 12670

Re: Uptown: Luxury Hotel, 2025 Cedar Springs (Pizza Hut Strip Mall)

Tnexster wrote:So everybody left and now those spots are for lease?


Well, shoot. That doesn't exactly bode well for the prospects of this luxury hotel development, does it?
by Tucy
09 Jan 2021 10:58
Forum: Urban Development
Topic: Harwood Int'l District: Bleu Ciel (390 FT / 33 ST)
Replies: 215
Views: 130970

Re: Harwood Int'l District: Bleu Ciel (390 FT / 33 ST)

Hmm maybe they worked with a company who will rent them out or use them as hotels for corporate clients? Like TheLanding. Usually companies like that will def buy a block of units and provide all the cleaning services and furniture, insurance etc. Good thought, but the sales were all to different b...
by Tucy
08 Jan 2021 12:07
Forum: Urban Development
Topic: Harwood Int'l District: Bleu Ciel (390 FT / 33 ST)
Replies: 215
Views: 130970

Re: Harwood Int'l District: Bleu Ciel (390 FT / 33 ST)

December 2020

15 units sold!!!! Does anyone know what might have caused this sudden spurt of sales in Bleu Ciel? Did they have a significant price reduction or special financing or other promotions?

90 sold in 37 months. (2.43 per month) 68 remaining.

Sell-out projection: 5 years, 5 months.
by Tucy
08 Jan 2021 09:51
Forum: Urban Development
Topic: Arts District: Hall Arts Hotel & Residences
Replies: 253
Views: 151752

Re: Arts District: Hall Arts Hotel & Residences

December 2020

2 units sold. 11 sold in 6 months (1.83 per month) 38 remaining

Sellout projection: 2 years, 3 months.
by Tucy
08 Jan 2021 09:26
Forum: Urban Development
Topic: Museum Tower
Replies: 216
Views: 137008

Re: Museum Tower

Dec 2020 Zero sold. 112 sold in 8 years, 1 month. (1.15 per month) 1 remaining Rolling 12-month sales: 4 (.33 per month) Sellout projection, based on the pace of sales thus far: 8 years, 2 months. Sellout projection, based on the rolling 12-month pace of sales: 100 months (8 years, 4 months). FWIW, ...
by Tucy
04 Jan 2021 15:39
Forum: City Issues/News
Topic: Downtown Progress
Replies: 216
Views: 85040

Re: Downtown Progress

The oversupply of new apartments caused occupancy levels to drop below 95%. And overall quoted rents were down slightly for the year. “ The loss was due to cuts in urban Dallas neighborhoods,” Willett said. “Prices came down 5% to 7% over the past year in the Intown Dallas, Oak Lawn and Medical Dist...
by Tucy
04 Jan 2021 15:34
Forum: City Issues/News
Topic: Downtown Progress
Replies: 216
Views: 85040

Re: Downtown Progress

Empty office floors will become Bluelofts live-work centers in Dallas towers https://www.dallasnews.com/business/real-estate/2018/11/21/empty-office-floors-will-become-bluelofts-live-work-centers-dallas-towers I love this idea. SO glad someone found a modular solution to filling empty office spaces...
by Tucy
01 Jan 2021 12:27
Forum: Urban Development
Topic: Downtown Dallas: 2000 Ross Project
Replies: 512
Views: 276647

Re: Downtown Dallas: 2000 Ross Project

Soooo... three weeks since "ground-breaking". Anything happening here?
by Tucy
30 Dec 2020 13:57
Forum: Rail + Guided Transit
Topic: TexRail
Replies: 146
Views: 74643

Re: TexRail

Tnexster wrote:Is it just me or were are numbers pathetic to begin with?


Not just you.
by Tucy
29 Dec 2020 11:31
Forum: Urban Development
Topic: West Dallas: Trinity Groves
Replies: 132
Views: 47011

Re: West Dallas: Trinity Groves

Tnexster wrote:I hadn't noticed the info about the timber mid-rise building but I may have missed his last puff piece.


It looks like Steve didn't get that "news" in his earlier puff piece, but other outlets told us about the timber mid-rise a couple months prior to Steve's November piece.
by Tucy
29 Dec 2020 10:50
Forum: Rail + Guided Transit
Topic: Silver Line
Replies: 353
Views: 184684

Re: Silver Line

Plano receives 16,000 feet of additional rail for DART Silver Line construction Sixteen thousand feet of rail — 200 sections, each one 80 feet long — recently arrived in Plano for DART’s Silver. The rails were delivered Dec. 18 on a special train from Steel Dynamics of Indiana to an area east of Sh...
by Tucy
29 Dec 2020 10:45
Forum: Urban Development
Topic: West Dallas: Trinity Groves
Replies: 132
Views: 47011

Re: West Dallas: Trinity Groves

30-story tower and a hotel. https://www.dallasnews.com/business/real-estate/2020/12/29/west-dallas-trinity-groves-shifts-gears-with-plans-for-offices-and-restaurant-reboot/ Is there any news here? It looks like a Steve Brown special - usually he waits more like 6 months to reprint developer puff pi...
by Tucy
23 Dec 2020 15:39
Forum: City Issues/News
Topic: Downtown Progress
Replies: 216
Views: 85040

More broadly defined Central Dallas submarkets: CBD 4th Q 2012: 27,209,000 3rd Q 2020: 22,950,000 Uptown/Turtle Creek 4th Q 2012: 10,396,000 3rd Q 2020: 12,367,000 Stemmons Corridor 4th Q 2012: 12,135,718 3rd Q 2020: 12,514,121 Preston Center 4th Q2012: 4,576,398 3rd Q 2020: 5,019,585 Central Expres...
by Tucy
23 Dec 2020 14:42
Forum: City Issues/News
Topic: Downtown Progress
Replies: 216
Views: 85040

Re: Downtown Progress

UPDATED Occupied Officse Space per Transwestern: CBD 4th Q 2012: 27,209,000 4th Q 2017: 25,798,000 2nd Q 2020: 23,400,000 3rd Q 2020: 22,950,000 Uptown 4th Q 2012: 10,396,000 4th Q 2017: 11,854,000 2nd Q 2020: 12,812,000 3rd Q 2020: 12,367,000 Greater Downtown 4th Q 2012: 37,605,000 4th Q 2017: 37,6...
by Tucy
23 Dec 2020 13:49
Forum: City Issues/News
Topic: Downtown Progress
Replies: 216
Views: 85040

Re: Downtown Progress

Neiman Marcus abandons large office spaces in Renaissance Tower (5 floors) and 1700 Pacific (2 floors).


https://www.dallasnews.com/business/ret ... wn-dallas/
by Tucy
19 Dec 2020 14:33
Forum: The Bus + Roads/Highways/Bridges
Topic: I-345
Replies: 322
Views: 133884

Re: I-345

^ TRUTH
by Tucy
17 Dec 2020 17:11
Forum: Suburban + Exurban Development
Topic: Plano: Willow Bend Mall
Replies: 83
Views: 18519

Re: Plano: Willow Bend Mall

Not to mention, if Nieman Marcus wants to place a store at Stonebriar, Stonebriar will find a place for them. There are several options (and it would probably be new construction even if they went to the Sears location)
by Tucy
17 Dec 2020 13:40
Forum: Suburban + Exurban Development
Topic: Plano: Willow Bend Mall
Replies: 83
Views: 18519

Re: Plano: Willow Bend Mall

There could easily be space for Nieman Marcus at Stonebriar.
by Tucy
17 Dec 2020 09:34
Forum: Suburban + Exurban Development
Topic: Plano: Willow Bend Mall
Replies: 83
Views: 18519

Re: Plano: Willow Bend Mall

Yeah, for me it's hard to see what Willow Bend offers that can't be obtained a very short distance away. Want a mall? Stonebriar and Galleria are close by. Want mixed-use retail and restaurants? Legacy (OG and West) are just a bit north, and West Plano Village (Parker Rd and DNT) offers a bit of th...
by Tucy
15 Dec 2020 13:53
Forum: Urban Development
Topic: Downtown Dallas: 2000 Ross Project
Replies: 512
Views: 276647

Re: Downtown Dallas: 2000 Ross Project

So... has anyone been down around 2000 Ross to check out the start of work on the hotel?
by Tucy
15 Dec 2020 11:04
Forum: Urban Development
Topic: Uptown Dallas: McKinney/Boll Tower - 2614 McKinney Ave - (18 ST)
Replies: 168
Views: 85538

Re: Uptown Dallas: McKinney/Boll Tower - 2614 McKinney Ave - (18 ST)

^^ Did they just re-run the same article from a few years ago? Pretty much. August, 2019. I guess the "news" is that they are "seeking approvals". Looks like a publicity puff piece to keep their project on the radar, dutifully pulled from the fax machine (figuratively speaking) ...

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