Dallas Fort Worth Urban Forum

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by Tucy
19 Sep 2020 12:39
Forum: Urban Development
Topic: Victory Park: The Victor (~453FT / 39ST)
Replies: 147
Views: 59488

Re: Victory Park: The Victor (~453FT / 39ST)

Victory Park’s newest developments head for an opening next year Developer Hillwood’s new Victory Commons office building and the 39-story Victor apartments are being built next to the American Airlines Center. https://www.dallasnews.com/business/real-estate/2020/09/18/victory-parks-newest-developm...
by Tucy
18 Sep 2020 00:56
Forum: Urban Development
Topic: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)
Replies: 485
Views: 213519

Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Finally ventured back into downtown today, the progress here really reminds you how long COVID has lasted. flora.sept.17.a.jpg Very true. I expect it should be ready for move-in by mid-Q1 in 2021, if not earlier. It will depend on how fast the interior work will take. I do hope it injects more vibr...
by Tucy
08 Sep 2020 16:54
Forum: Urban Development
Topic: Uptown Dallas:Trammell Crow Tower
Replies: 53
Views: 7826

Re: Uptown Dallas:Trammell Crow Tower

That would be a very good-looking building. Hope TC can make it happen.
by Tucy
08 Sep 2020 11:13
Forum: Urban Development
Topic: Arts District: Hall Arts Hotel & Residences
Replies: 244
Views: 127510

Re: Arts District: Hall Arts Hotel & Residences

August 2020

3 units sold in Month 2. 4 sold in two months. (2 per month) 45 remaining

Sellout projection: 2 years, 1 month.
by Tucy
08 Sep 2020 10:42
Forum: Urban Development
Topic: Harwood Int'l District: Bleu Ciel (390 FT / 33 ST)
Replies: 205
Views: 110549

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

August 2020

One unit sold. 72 sold in 33 months (2.18 per month) 86 remaining.

Sell-out projection: 6 years, 1 month
by Tucy
08 Sep 2020 10:25
Forum: Urban Development
Topic: Museum Tower
Replies: 205
Views: 116908

Re: Museum Tower

August 2020 Zero sold. 112 sold in 93 months. (1.2 per month) 1 remaining Rolling 12-month sales: 6 (.5 per month) Sellout projection, based on the pace of sales thus far: 7 years, 10 months. Sellout projection, based on the rolling 12-month pace of sales: 7 years, 11 months. In addition to Unit 202...
by Tucy
08 Sep 2020 10:17
Forum: Urban Development
Topic: Museum Tower
Replies: 205
Views: 116908

Re: Museum Tower

Is the penthouse still a split deal? Also, I heard from a couple of residents (so, just anecdotal or whatever) that no buyer wants to take on owning the rooftop option because they would be responsible to buy the full roof insurance for the tower which would be astronomical apparently. . . (?) I fo...
by Tucy
03 Sep 2020 11:25
Forum: City Issues/News
Topic: Downtown Progress
Replies: 183
Views: 63434

Re: Downtown Progress

Warrior2015 wrote:Well so far occupancy is still good downtown according to the podcast I attended the other day. They seemed quite optimistic about the future of downtown.


What podcast did you attend? Link?
by Tucy
03 Sep 2020 11:24
Forum: City Issues/News
Topic: Downtown Progress
Replies: 183
Views: 63434

Re: Downtown Progress

Can you summarize? The link isn't working for me. The Dallas/Fort Worth multifamily market experienced modest downward movement in market fundamentals in Q2 due to COVID-19 and the economic downturn. The average effective rental rate declined 0.6% from the prior quarter. Occupancy edged down 30 bas...
by Tucy
02 Sep 2020 15:12
Forum: City Issues/News
Topic: Downtown Progress
Replies: 183
Views: 63434

Re: Downtown Progress

[quote="The_Overdog"]We can be worried about downtown (and DFW in general) when projects start getting cancelled, the pipeline dries up, rent prices drop, and so on. Right now, none of that is happening. /quote] CBRE 2nd Quarter 2020 Multifamily Market Report: DFW market imbalance leads to...
by Tucy
02 Sep 2020 10:08
Forum: Urban Development
Topic: Downtown Dallas: 2200 Pacific
Replies: 45
Views: 6389

Re: Downtown Dallas: 2200 Pacific

Pretty sure it's DFW, not just Dallas. (At the very least it is the Dallas-Plano-Irving metro division of the metro area.) And it tells us not very much specifically about office space and less than that about the climate for 800' office towers. This data covers all commercial real estate (it looks ...
by Tucy
27 Aug 2020 09:29
Forum: Urban Development
Topic: Victory Park: The Victor (~453FT / 39ST)
Replies: 147
Views: 59488

Re: Victory Park: The Victor (~453FT / 39ST)

Hines, once they complete a couple projects in progress, will have (I believe) developed 10 of the 20 tallest buildings in Houston, which is pretty wild. And all the while, his company was developing projects coast to coast and across the world. If Gerald Hines is not the industry gold standard, he...
by Tucy
25 Aug 2020 15:00
Forum: Urban Development
Topic: Victory Park: The Victor (~453FT / 39ST)
Replies: 147
Views: 59488

Re: Victory Park: The Victor (~453FT / 39ST)

Hines, once they complete a couple projects in progress, will have (I believe) developed 10 of the 20 tallest buildings in Houston, which is pretty wild. And all the while, his company was developing projects coast to coast and across the world. If Gerald Hines is not the industry gold standard, he...
by Tucy
25 Aug 2020 07:12
Forum: Urban Development
Topic: Downtown Dallas: Thanksgiving Tower
Replies: 44
Views: 21189

Re: Downtown Dallas: Thanks-Giving Square

itsjrd1964 wrote:Steve Brown is using the name "Santander Tower" in the headline. Is that something he came up with, or is the building no longer Thanksgiving Tower?


https://santanderconsumerusa.com/blog/r ... -to-dallas
by Tucy
24 Aug 2020 14:54
Forum: Urban Development
Topic: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)
Replies: 485
Views: 213519

Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

rono3849 wrote:
Tivo_Kenevil wrote:It looks like a mid rise in these pics


Indeed. I think the Hall Residence Tower may be slightly taller, if not, they are fairly the same height even though Flora & Olive Tower has nine stories more.


Actually 12 stories more (39 vs 27) and (according Emporis), one foot taller.
by Tucy
21 Aug 2020 14:31
Forum: City Issues/News
Topic: Downtown Progress
Replies: 183
Views: 63434

Re: Downtown Progress

What’s prompting ‘for sale’ signs at five dozen luxury condos in downtown Dallas?

https://www.dallasnews.com/business/rea ... town-area/
by Tucy
21 Aug 2020 14:30
Forum: City Issues/News
Topic: Downtown Progress
Replies: 183
Views: 63434

Re: Downtown Progress

Lenders watch landmark downtown Dallas skyscraper for default
Bryan Tower has been placed under special servicing as occupancy levels fall with Baylor move.

https://www.dallasnews.com/business/rea ... r-default/
by Tucy
11 Aug 2020 15:22
Forum: Urban Development
Topic: DD: 1401 Elm and Thompson Hotel
Replies: 601
Views: 269282

Re: DD: 1401 Elm and Thompson Hotel

I'm curious about this observation deck as well. Both historically and whether it is planned to be reopened. Was it an open-air deck on the roof of the building? Where was it exactly? Earlier in the renovation process, I think it was mentioned that it would be coming back. The website for the projec...
by Tucy
10 Aug 2020 18:50
Forum: City Issues/News
Topic: Downtown Progress
Replies: 183
Views: 63434

Re: Downtown Progress

Thanks. The submarket area that they have to measure to encircle 30MMsf for "West Plano" reminds me of the old days when Dallas' boomgrowthstats would get compared to Boston or St. Louis'... which only have (checking) 48 and 61 square miles of land for comparison growth to occur in. If Da...
by Tucy
10 Aug 2020 17:27
Forum: City Issues/News
Topic: Downtown Progress
Replies: 183
Views: 63434

Re: Downtown Progress

I45Tex wrote:Does that total include Design District and Old Parkland? Will it include Baylor’s 300Ksf in Deep Ellum when it opens later this year?


It includes Old Parkland. It does not include Design Disrict or Deep Ellum.
by Tucy
10 Aug 2020 15:17
Forum: City Issues/News
Topic: Downtown Progress
Replies: 183
Views: 63434

Re: Downtown Progress

I posted this in response to a question in the Smart District thread, but it fits the topic here, so I thought I should add it here" According to Transwestern's office market reports, at the end of 2017, 25,798,000 square feet of office space was occupied in the CBD and another 11,854,000 squar...
by Tucy
10 Aug 2020 12:48
Forum: Urban Development
Topic: Arts District: Hall Arts Hotel & Residences
Replies: 244
Views: 127510

Re: Arts District: Hall Arts Hotel & Residences

Tucy, can you refresh my memory which site (or sites) you use to compile data like this? I'd like to look up some other places. Also, does it go back in history or not so much? Dallas County Clerk. https://dallas.tx.publicsearch.us/ It goes back quite a ways in history... it purports to go back to ...
by Tucy
10 Aug 2020 10:22
Forum: Urban Development
Topic: Arts District: Hall Arts Hotel & Residences
Replies: 244
Views: 127510

Re: Arts District: Hall Arts Hotel & Residences

Hall Arts Residences have started closing on sales! 49 total Units. July 2020 1 unit sold in Month 1. (the unit Craig Hall sold to himself). (1 per month) 48 remaining (Just for the record, there was another deed recorded, but it appears to only convey parking spots and storage space; rather odd. I ...
by Tucy
10 Aug 2020 10:10
Forum: Urban Development
Topic: Harwood Int'l District: Bleu Ciel (390 FT / 33 ST)
Replies: 205
Views: 110549

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

July 2020

Two units sold. 71 sold in 32 months (2.22 per month) 87 remaining.

Sell-out projection: 6 years
by Tucy
10 Aug 2020 10:01
Forum: Urban Development
Topic: Museum Tower
Replies: 205
Views: 116908

Re: Museum Tower

July 2020 One sold. 112 sold in 92 months. (1.22 per month) 1 remaining Rolling 12-month sales: 6 (.5 per month) Sellout projection, based on the pace of sales thus far: 7 years, 9 months (in other words, this month). Sellout projection, based on the rolling 12-month pace of sales: 7 years, 10 month...
by Tucy
09 Aug 2020 13:56
Forum: Urban Development
Topic: Dallas Smart District
Replies: 155
Views: 59153

Re: Dallas Smart District

So we have this on the south side of downtown and De La Vega and that massive development on the north side. Can Dallas absorb that much new space? Especially now? Here's some food for thought on that topic: According to Transwestern's office market reports, at the end of 2017, 25,798,000 square fe...
by Tucy
04 Aug 2020 16:46
Forum: The Airports
Topic: DFW Airport
Replies: 265
Views: 119348

Re: DFW Airport

Regardless of any capacity constraints in Terminal D, American has always and no doubt will always have international departures from all terminals. There are good operational reasons to do so and no reason not to. For example, today's schedule shows international departures from Terminals A, B, C ...
by Tucy
03 Aug 2020 10:54
Forum: The Airports
Topic: DFW Airport
Replies: 265
Views: 119348

Re: DFW Airport

"The airport has postponed the planned 24-gate facility “indefinitely” because of a drop in flyer numbers" Not unexpected, but still disappointing. https://thepointsguy.com/news/dfw-terminal-f-american-airlines-coronavirus/ Wasn't there a similar delay of Terminal D amid 9/11-related cuts...
by Tucy
30 Jul 2020 11:59
Forum: Suburban + Exurban Development
Topic: Las Colinas/North Irving Development
Replies: 1094
Views: 433623

Re: Las Colinas/North Irving Development

Looks like they will be occupying about the same total square footage, in one location rather than two (or more).
by Tucy
21 Jul 2020 11:52
Forum: City Issues/News
Topic: Corporate Relocations/Expansions
Replies: 482
Views: 189091

Re: Corporate Relocations/Expansions

North Texas Realtors moving from central Dallas to Irving with new headquarters

https://www.dallasnews.com/business/rea ... dquarters/
by Tucy
21 Jul 2020 11:05
Forum: Urban Development
Topic: Museum Tower
Replies: 205
Views: 116908

Re: Museum Tower

June 2020 (revised to reflect accurate count of only 2 condos remaining) Zero sold. 111 sold in 91 months. (1.22 per month) 2 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-m...
by Tucy
21 Jul 2020 11:02
Forum: Urban Development
Topic: Museum Tower
Replies: 205
Views: 116908

Re: Museum Tower

rasec33 wrote:Apparently they sold another unit recently! Website shows only 2 left!

https://www.museumtowerdallas.com/luxur ... ventory-2/


Nothing has sold since May, but it does look like there are only two left. Someone some time back must have bought two units and combined them.
by Tucy
21 Jul 2020 10:33
Forum: Urban Development
Topic: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)
Replies: 485
Views: 213519

Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

OLIVE.AAA.jpgOlive.B.jpg Olive.South.jpg Olive.D.jpgOlive.E.jpg The Flora & Olive Tower's facade is moving up the building rather quickly. Remarkably, the 39-story tower is actually about the same height on the skyline as the Hall Arts Residences' Tower, which is 30 stories. Why is it short for...
by Tucy
21 Jul 2020 10:20
Forum: Urban Development
Topic: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)
Replies: 485
Views: 213519

Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

OLIVE.AAA.jpgOlive.B.jpg The Flora & Olive Tower's facade is moving up the building rather quickly. Remarkably, the 39-story tower is actually about the same height on the skyline as the Hall Arts Residences' Tower, which is 30 stories. Even more so, because Hall Arts Residences is 27 stories, ...
by Tucy
20 Jul 2020 14:37
Forum: Urban Development
Topic: Downtown Dallas Retail
Replies: 328
Views: 150009

Re: Downtown Dallas Retail

So... is Forty-Five Ten effectively dead? They are not even open virtually any longer. Their website now consists of a single page with some mumbo-jumbo about remaining "closed due to regional restrictions". (As far as I know there are no "regional restrictions", stopping them fr...
by Tucy
20 Jul 2020 14:05
Forum: Rail + Guided Transit
Topic: DALLAS to HOUSTON High Speed Rail
Replies: 418
Views: 194980

Re: DALLAS to HOUSTON High Speed Rail

So does Houston have a plan to provide a connection the their light rail system or will you just come out of the station and have to take uber or a car to get into the urban core of the city? I believe Houston passed a new transit plan that is slated to provide BRT service from the HSR station to b...
by Tucy
15 Jul 2020 12:20
Forum: Urban Development
Topic: Harwood Int'l District: Bleu Ciel (390 FT / 33 ST)
Replies: 205
Views: 110549

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

June 2020

Zero units sold. 69 sold in 31 months (2.2 per month) 89 remaining.

Sell-out projection: 5 years, 11 months
by Tucy
15 Jul 2020 12:16
Forum: Urban Development
Topic: Museum Tower
Replies: 205
Views: 116908

Re: Museum Tower

June 2020 Zero sold. 111 sold in 91 months. (1.22 per month) 3 remaining. Rolling 12-month sales: 5 (.42 per month) Sellout projection, based on the pace of sales thus far: 7 years, 10 months. Sellout projection, based on the rolling 12-month pace of sales: 8 years, 3 months. There also currently 11...
by Tucy
12 Jul 2020 09:07
Forum: Urban Development
Topic: Downtown Dallas: 508 Young Street (old Dallas Morning News building)
Replies: 85
Views: 23486

Re: Downtown Dallas: 508 Young Street (old Dallas Morning News building)

How developer Ray Washburne wants to change the flow of downtown Dallas https://www.bizjournals.com/dallas/news/2020/07/09/ray-washburne-charter-dallas-morning-news.html?iana=hpmvp_dal_news_headline Can't get past the paywall. What street is he imagining to the North-South "Main Street"? ...
by Tucy
12 Jul 2020 09:04
Forum: Urban Development
Topic: Highland Park Village
Replies: 185
Views: 94120

Re: Highland Park Village

R1070 wrote:DVF is closing all stores except one in NYC. I guess the Dallas closure a little while back was just the start of it.


FWIW, the Dallas store closed 2 1/2 years ago.
by Tucy
10 Jul 2020 15:59
Forum: Urban Development
Topic: Downtown Dallas: 2000 Ross Project
Replies: 481
Views: 230385

Re: Downtown Dallas: 2000 Ross Project

Construction was supposed to start July 1. Is anything happening on the site?
by Tucy
10 Jul 2020 15:28
Forum: Urban Development
Topic: Downtown Dallas: 508 Young Street (old Dallas Morning News building)
Replies: 85
Views: 23486

Re: Downtown Dallas: 508 Young Street (old Dallas Morning News building)

How developer Ray Washburne wants to change the flow of downtown Dallas https://www.bizjournals.com/dallas/news/2020/07/09/ray-washburne-charter-dallas-morning-news.html?iana=hpmvp_dal_news_headline “I want to make it like a Main Street from the Sixth Floor (Museum) through the convention center so...
by Tucy
09 Jul 2020 18:22
Forum: Urban Development
Topic: Downtown Dallas: 508 Young Street (old Dallas Morning News building)
Replies: 85
Views: 23486

Re: Downtown Dallas: 508 Young Street (old Dallas Morning News building)

Landmark Dallas Morning News building still headed for a redo https://www.dallasnews.com/business/real-estate/2020/07/09/landmark-dallas-morning-news-building-still-headed-for-a-redo/ ... He said the original building designed by noted Dallas architect George Dahl will be used for a luxury hotel. “...
by Tucy
08 Jul 2020 07:44
Forum: Urban Development
Topic: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)
Replies: 485
Views: 213519

Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Are the artists lofts begin completed? We've never heard much about them since the initial announcement. Were we "baited and switched"?
by Tucy
01 Jul 2020 13:41
Forum: Urban Development
Topic: Turtle Creek : 2999 Turtle Creek Blvd
Replies: 62
Views: 21497

Re: Turtle Creek : 2999 Turtle Creek Blvd

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?
by Tucy
01 Jul 2020 12:17
Forum: Urban Development
Topic: Turtle Creek : 2999 Turtle Creek Blvd
Replies: 62
Views: 21497

Re: Turtle Creek : 2999 Turtle Creek Blvd

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...
by Tucy
28 Jun 2020 11:47
Forum: Urban Development
Topic: Downtown Dallas: Statler Hotel & Residences + Future DMN Offices (Old Statler Hilton + Old Library)
Replies: 328
Views: 170886

Re: Downtown Dallas: Statler Hotel & Residences + Future DMN Offices (Old Statler Hilton + Old Library)

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. . .
by Tucy
28 Jun 2020 10:40
Forum: Urban Development
Topic: Turtle Creek : 2999 Turtle Creek Blvd
Replies: 62
Views: 21497

Re: Turtle Creek : 2999 Turtle Creek Blvd

Has anyone been by this one? Has there been any activity? Is the existing building still occupied?
by Tucy
28 Jun 2020 10:07
Forum: Urban Development
Topic: Downtown Dallas: 2000 Ross Project
Replies: 481
Views: 230385

Re: Downtown Dallas: 2000 Ross Project

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...
by Tucy
28 Jun 2020 10:00
Forum: Urban Development
Topic: Downtown Dallas: Statler Hotel & Residences + Future DMN Offices (Old Statler Hilton + Old Library)
Replies: 328
Views: 170886

Re: Downtown Dallas: Statler Hotel & Residences + Future DMN Offices (Old Statler Hilton + Old Library)

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...

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