Dallas Fort Worth Urban Forum

Tucy

cowboyeagle05 wrote:Yes we know what Candy's blog says. Last I heard its still a hotel project.

Alrighty then.

Is it still a high-rise?

Tucy

But that's not what the delay is supposedly about. The developer is still proposing a highrise hotel project but they are just changing up the design. Do we actually know that for sure? According to Candy, all we know is that they are changing the plan and now plan to keep the existing "chatea...

Tucy

tamtagon wrote:^that should our next list - parking garages as the final product but were touted/promised/exempted with 'structure' above!

They're all over downtown.

That would be interesting. I didn't realize. . .

Tucy

Has anyone been by this one? Has there been any activity? Is the existing building still occupied?

Tucy

Maybe they are waiting to see how AMLI and Atelier do before committing to another new residential project so close to Ross. Don't those two account for close to 700 units? Last we knew "they" (the owners of this property/development) are waiting for an apartment developer to show interes...

Tucy

Looking over the development map in another thread reminded me of the Centurion American residential development that was discussed and updated fairly regularly earlier in this thread, but it's been nothing but crickets since September. Is this project dead? Did they even open the parking garage (t...

Tucy

Looking over the development map in another thread reminded me of the Centurion American residential development that was discussed and updated fairly regularly earlier in this thread, but it's been nothing but crickets since September. Is this project dead? Did they even open the parking garage (th...

Tucy

New Uptown tower will include restaurants and park space https://www.dallasnews.com/business/real-estate/2020/06/26/new-uptown-tower-will-include-restaurants-and-park-space/ Here's Steve's headline almost exactly two years ago (about this same project); he does love any opportunity to use the phras...

Tucy

Also, just google "Project Coast". Homework first even if it seems a no-brainer/simple harmless title. Always check, just in case. Like spell-check, with about an extra 4 seconds to read the headers that appear. Back on it, though, I'll play and say maybe it's energy-related. Following yo...

Tucy

Something interesting caught my eye on the current City Council agenda... It's listed under Executive Session- something called Project Coast HQ2. Hmmmm…. I hope it wasn't this HQ2: "[*] https://www.bizjournals.com/denver/news/2020/06/23/marqeta-names-denver-hq2.html " Looks like that par...

Tucy

Kelley USA wrote:Something interesting caught my eye on the current City Council agenda... It's listed under Executive Session- something called Project Coast HQ2. Hmmmm….

I hope it wasn't this HQ2: "[*]https://www.bizjournals.com/denver/news/2020/06/23/marqeta-names-denver-hq2.html"

Tucy

"Urby just filed plans with the state for the first of two towers planned on the site." So tower 1 will be 27 stories ..a bit shorter than the 30 that was first advertised. To be fair, the initial article said "almost" 30 stories, and it wasn't even the developer saying that... ...

Tucy

And another loss for central Dallas:

https://www.dallasnews.com/business/rea ... struction/

Tucy

homeworld1031tx wrote:Any updates on this one? Have the bars located on this plot closed up shop yet?

Haven't been down that way for a long time, but according to Google Maps, at least as of February, the existing buildings were all intact. Also, I can't find the project mentioned on the developer's website.

Tucy

May 2020

Zero units sold. 69 sold in 30 months (2.3 per month) 89 remaining.

Sell-out projection: 5 years, 9 months

Tucy

May 2020 One sold. 111 sold in 90 months. (1.23 per month) 3 remaining. Rolling 12-month sales: 6 (.5 per month) Sellout projection, based on the pace of sales thus far: 7 years, 9 months. Sellout projection, based on the rolling 12-month pace of sales: 8 years. There also currently 7 units listed f...

Tucy

Re. companies looking for more space, I wonder where they are hearing that and if it's more that they are hearing what they want to hear. Not sure how seriously one should take anything this developer says, when he is also apparently claiming this project is "on schedule." Developer-speak...

Tucy

ATL is a much better run airport and airspace than here as well. You've apparently never been through TSA at ATL. :-) As for the airspace, ATL has a nice little monopoly. They don't have another major airport less than 5 miles away to complicate things. Good point, except for the exaggeration. Less...

Tucy

Phase one plans will turn the historic 1940s Dallas Morning News building, designed by architect George Dahl, into a 130-room boutique hotel with 250 apartments on top, a 2,000-2,500-seat concert facility in the former press room, and 12-15 bars and restaurants along the street. Washburne hopes to ...

Tucy

First phase he now says will be 2023. The 40 story hotel I imagine would be the second phase 2025? That's not what the article says. It says that the completion of both phases has been pushed back to 2023 and Washburne hopes to complete Phase one (130-room boutique hotel with 250 apartments on top,...

Tucy

Typical high rise construction goes up at a pace of about 7-8 days per floor. This building came out of the ground a year ago, so the construction does not seem to have been notably faster than typical. In fact, it might have been a little slower.

Tucy

You won't see this one on CNN... DFW becomes the world’s busiest airport during COVID-19 downturn DFW International Airport was the world’s busiest airport in May, leaping ahead of other major travel hubs that have downsized during the COVID-19 pandemic. DFW, still running a fraction of the flights...

Tucy

Another loss for central Dallas. Dallas’ Heritage Auctions is more than doubling its headquarters with a move to a business campus near DFW International Airport. The more than 40-year-old auction house has moved 450 employees from its current location in Dallas’ Oak Lawn district and elsewhere to a...

Tucy

Directly from the City Council agenda packet: -- Reimbursement of the net NEW taxes paid through June 30, 2038 (not all taxes). -- Parking garage must be constructed and Qualified Tenant must occupy the space by December 31, 2023. -- More information on what is defined as a "Qualified Tenant&qu...

Tucy

This is 3500 feet from the city place Krogers, and just 1500 feet from the neighborhood wal-mart - why are they bothering to build one so close? I feel like grocery stores in uptown are actually being overbuilt at the moment. new tom thumbs at the union, the gables mckinney, the planned central mar...

Tucy

D magazine has always had a slant they are a publication that is allowed to btw. I don't think it a conflict of interest because they have clearly stated many of their articles that they are a part of the founding members of the group looking to tear down I-345. D Magazine isn't a news organization...

Tucy

Southern Dallas residents need I-345. Why is a wealthy consortium trying to tear it down? https://www.dallasnews.com/opinion/editorials/2020/05/29/southern-dallas-residents-need-i-345-why-is-a-wealthy-consortium-trying-to-tear-it-down/ Didnt know that Dmagazine CEO was the one who founded the group...

Tucy

Good to finally see this progress. You can tell they struggled on the exterior since they don't have a large parking lot out front it's hard to tell from renderings whats truly the "front' of the store. The traffic of grocery activity will be in the parking garage but the street entrances for ...

Tucy

Wow, two businesses that are already teetering on the brink (Forty-five Ten and Nieman Marcus). It is not inconceivable this sort of thing could finish off the downtown locations for each.

Tucy

Tivo_Kenevil wrote:^ but haven't they already filed these proposed cases before? Why again if ur not serious

Not that I'm aware of. I don't find anything up-thread. Do you have reason to think they have?

Tucy

So if the FAA report is a recent document dated 5.7.2020, does this mean an announcement by Hillwood will be forthcoming soon? No. First, it's a "Proposed Case" meaning the FAA has not yet made a determination. Second, and more important, even once (and if) the FAA makes a determination, ...

Tucy

This is clearly nothing more than a prank. We all know nobody would ever build anything in that dead zone created by the elevated freeway.

Tucy

exelone31 wrote:So is that around 55 stories then?

More likely closer to 45 stories, assuming it is for offices.

Tucy

I found a feet/stories online converter, and it says 830 feet = 76.66 stories. If that's true, wouldn't that beat BoA and the tallest in Houston also? IDK if that converter is using correct or regularly-used ceiling heights per floor or not. For an office building, 830 feet is probably closer to 50...

Tucy

Shocker (to me at least), there were workers on the RH site on Knox today. I had given up on this. The weeds had grown taller than the columns. They appear to be placing forms for the exterior wall foundations. There seem to be more materials on-site than I remember as well. It’s full steam ahead f...

Tucy

It is fairly common to see central counties showing international net in-migration and domestic net out-migration, but Dallas County is actually performing relatively poorly in these statistics. I just took a look at the numbers for the central counties of the 19 largest metro areas. Dallas County i...

Tucy

In looking at March 26, 2020 census.gov data, RELEASE NUMBER CB20-53, it shows Dallas County grew by 6,166 year-over-year July 1, 2018 to July 1, 2019: Population increased slightly, but only due to births over deaths. More live folks voting with their feet moved out than moved in. Fiscal 2019 birt...

Tucy

Whenever Mandarin Oriental decides to try to come to Dallas, we have a global economic crash.... True, but this isn't the development for which the Mandarin Oriental is/was slated. Which hotel is included in this development? So many hotels announced new projects at once, and it got hard to track. ...

Tucy

Matt777 wrote:Whenever Mandarin Oriental decides to try to come to Dallas, we have a global economic crash....

True, but this isn't the development for which the Mandarin Oriental is/was slated.

Tucy

Transwestern's 1st quarter 2020 office market report. Dallas CBD 31.1 million square feet of office space (down from 33.3 million in 2017) 7.9 million vacant Vacancy rate: 25.3% (up 2.8 percentage points from 2017) 1st Q 2020 net absorption: -436,903 square feet. 259,230 square feet under constructi...

Tucy

I'm not against D2 at all, but I've come to realize it's a "regional" fix for a "local" problem. It's not even a *good* fix for the regional problem. The underlying motivation for D2 is that they can't add any more trains on any line because the current transit mall has capacity...

Tucy

I think it's a certainty because Musk is over CA's BS. Unfortunately for us I think Nevada might win out, but it would be worth it for TX to roll out the red carpet, shell out the incentive money, etc... The most important question might be... is California also over Musk's BS? Follow-up Question: ...

Tucy

^ Keep in mind that DART itself has no desire to build D2. The push for the subterranean albatross is coming from the Dallas City Council, which has never met a boondoggle it didn't love -- as long as another taxing authority was on the hook for it. In fairness, Dallas City Council has been perfect...

Tucy

DART rail has the same problem - rather than sequencing trains Red-Green-Blue-Orange through downtown so the Red/Blue and Green/Orange overlap sections are running at a 10 minute headway, they have two trains in 5 minutes, then 15 minutes till the next set. I hope the vaunted bus route consultants ...

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 October 2019: 41,943 November 2019: 44,741 (1,491 per day; about 21 people per train) December 2019: 51,217 January 2020: 43,795 Febru...

Tucy

tamtagon wrote:I wonder if a move to Houston is getting some thought, too.

That's the elephant in the room, isn't it?

Tucy

April 2020

Two units sold. 69 sold in 29 months (2.38 per month) 89 remaining.

Sell-out projection: 5 years, 7 months

Tucy

April 2020

Zero sold.

110 sold in 89 months. (1.24 per month) 4 remaining.
Rolling 12-month sales: 5 (.42 per month)

Sellout projection, based on the pace of sales thus far: 7 years, 9 months.
Sellout projection, based on the rolling 12-month pace of sales: 8 years, 3 months.

Tucy

Also, COVID isn't really the problem with Headington's investment in Main Street. The same article detailed how most if not all the employees have seen fewer and fewer employee benefits long before COVID kicked in. Headington has been able to inject a lot of capital and float a lot of boats with hi...

Tucy

I'm like a one man show over here posting stuff that nobody is reading :) Anyways, got a reply back from the City pertaining to the ExxonMobil land zoning change. Could be something brewing here?? "Yes, that property currently has an application for a Comprehensive Plan Amendment and a related...

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