Dallas Fort Worth Urban Forum

Tucy

Well my curiosity got the best of me and I couldn't resist making a visual comparison to see just how much room Universal has to work with. This first comparison is just for fun because the huge caveat of this image is that none of the parks here include their massive parking infrastructure which o...

Tucy

Yes, I read the thread and saw the renderings. None of that seems to tell us exactly what, if anything, is under construction. All three buildings? One of them?

Tucy

I haven’t kept up on this. What, exactly, is under construction here?

Tucy

I don't know if that's true. I've seen brand new apartments enter such agreements almost as soon as they start leasing. These deals are very lucrative for them. But are there any high rise apartments around downtown that are not doing well? They all seem to have fairly good occupancy. Brand new apa...

Tucy

I remember back when Forever 21 left NorthPark back in 2016, there was talk about more retail coming to downtown Dallas, with Elm Street having more mid-range retail (Forever 21, H&M, etc) and Main Street having higher end retail. Sad that none of those plans seemed to come to light, more retai...

Tucy

tamtagon wrote:I could see one of those department store at the Goldman Sachs development,

LOL. That’s about as likely as your old favorite prediction of Delta Airlines establishing a hub at DFW Airport.

Tucy

I'm honestly surprised no one has bought the empty lot and just the built "the proposed" residential tower by now. I'm pretty sure the Atelier has done pretty well. Seems like a no-brainer to just build another thing like that there. Curious on what basis you are pretty sure Atelier is do...

Tucy

I'm honestly surprised no one has bought the empty lot and just the built "the proposed" residential tower by now. I'm pretty sure the Atelier has done pretty well. Seems like a no-brainer to just build another thing like that there. Curious on what basis you are pretty sure Atelier is do...

Tucy

I'm honestly surprised no one has bought the empty lot and just the built "the proposed" residential tower by now. I'm pretty sure the Atelier has done pretty well. Seems like a no-brainer to just build another thing like that there. Curious on what basis you are pretty sure Atelier is do...

Tucy

Thanks for the pics! I knew something was different about it…sigh I just hope the residential component get done too. The Olive St side is quite ugly. The dirty little secret is that there isn't a residential component and there never really was... Then WTH is going on that lot? :lol: Whatever an e...

Tucy

Perhaps it was just a poor choice of words, but saying Target was a "bidder" on first floor retail space makes me very skeptical. Why would they be "bidding" on retail space in highly speculative buildings? (Not to mention, if Target were to locate in this development, it seems l...

Tucy

clcrash19 wrote:Plus maple Terrace, does anyone know when this will officially start construction?

Maple Terrace would be stretching the definition of "30ish"

Tucy

dallaz wrote:Thanks for the pics! I knew something was different about it…sigh

I just hope the residential component get done too. The Olive St side is quite ugly.

The dirty little secret is that there isn't a residential component and there never really was...

Tucy

FWIW, it appears The Stack, just a few blocks away, is about 53% occupied. From its website, it appears the developer has never undertaken a project remotely similar to this. Further, the lack of semi-annual puff pieces by Steve Brown does not bode well. Taken together, all of that suggests this is...

Tucy

It looks like the "source" is nothing more than the news that the existing (vacant) strip mall is finally scheduled for demolition.

Tucy

FWIW, it appears The Stack, just a few blocks away, is about 53% occupied. From its website, it appears the developer has never undertaken a project remotely similar to this. Further, the lack of semi-annual puff pieces by Steve Brown does not bode well. Taken together, all of that suggests this is ...

Tucy

November 2022

One unit sold. 28 sold in 29 months. (0.97 per month) 21 remaining.

Sell-out projection: 4 years, 3 months

(They’ve sold 5 in cy 2022; This was the first sale since June)

Tucy

November 2022

Zero sold.

103 sold in 60 months. (1.72 per month) 55 remaining.

Sell-out projection: 7 years, 9 months

(Most recent sale was Feb 1)

Tucy

Hmmm... who woulda thought?

Tucy

It seems like in most cases, when something like this appears on an architect's website without any announcement from the property owner, it's a past concept, dead as can be.

Tucy

You need to bite the bullet and start driving your wife to the airport.

Tucy

Allow me to take some middle ground. I think the lender (Met Life) taking over ownership is not a good sign of the overall health of the mall and explains the foot dragging by UBS/Trademark on redevelopment proposals. However, it could be good sign for the future IF the mall is sold at a discount a...

Tucy

The spokesman for the Iraqi government who repeatedly went on TV declaring that Iraq was defeating the American military... Even if UBS decided to get out of owning shopping centers (unlikely, but let's assume for the moment that it's true), they wouldn't just turn all their shopping centers over to...

Tucy

Not sure what that is supppsed to mean, but it's probably not a good idea to read too much into this without knowing the finer details behind the ownership transfer. The Nordstrom (which, BTW, most of their stores are only 2 stories) and Macy's are both still the 2nd highest grossing in the Metropl...

Tucy

Has there ever been any more information on the location of the Joey Restaurant?

Tucy

It's no secret the mall is struggling. Pottery Barn, The Grill On The Alley, and Belk all closed. Nordstrom is down to two floors, an entire portion of the mall is vacant, major chain stores aren't able to last, luxury tenants are few and far between, and the first floor is covered in wallboard. Th...

Tucy

Hmmm... Ownership of the Galleria is taken over by its lenders... "Struggling" indeed. It's no secret the mall is struggling. Pottery Barn, The Grill On The Alley, and Belk all closed. Nordstrom is down to two floors, an entire portion of the mall is vacant, major chain stores aren't able...

Tucy

Hmmm... Ownership of the Galleria is taken over by its lenders... "Struggling" indeed.

Tucy

That said, I wonder if they have at least given permits for land disturbance and/or infrastructure (thus the signs of construction we're seeing)...? Are the "signs of construction we're seeing" the dirt movement on the south side of Commerce Street? Strikes me as unlikely to be related to...

Tucy

That said, I wonder if they have at least given permits for land disturbance and/or infrastructure (thus the signs of construction we're seeing)...? Are the "signs of construction we're seeing" the dirt movement on the south side of Commerce Street? Strikes me as unlikely to be related to...

Tucy

FWIW, the city's permit center tells us that building permits have not yet been issued for this project. (2323 Commerce Street - 2207111106) To clarify, while the permits still show as new on the city's website (which suggest they haven't been issued), the developer has applied for them (back in Ju...

Tucy

I wouldn't spend too much effort examining the details of any of these renderings. They remain pretty conceptual/aspirational.

Tucy

FWIW, the city's permit center tells us that building permits have not yet been issued for this project. (2323 Commerce Street - 2207111106)

Tucy

dallaz wrote:New project website is up. Includes new renderings/site plan

https://northend.com/

The link seems to be dead. I wonder if it got out prematurely?

Tucy

Another DMN story about yet another new proposed high-rise MF development in that sliver between Oak Lawn Ave and Turtle Creek (north of Maple, south of Cedar Springs). This area is talked about at a hot spot of development, but all I've seen (besides Toll Brothers) is all hat and no cattle. I supp...

Tucy

This is so Dallas. In their desperate attempts to save downtown Dallas, city council moves the performing arts from Fair Park to downtown, moves the sciences museum from Fair Park to downtown, and moves the DTC from the Kalita to downtown (and then throw them in to an "arts district" that ...

Tucy

Has anyone heard of any projected opening date?

Tucy

Building permits were issued November 23, 2022

Tucy

I was having a sense of deja vu : https://www.peoplenewspapers.com/2020/02/28/design-studio-picked-now-public-comment-sought-on-kalita-humphreys-theater/#:~:text=The%20Dallas%20Theater%20Center%20%28DTC%29%20announced%20Tuesday%20that,Kalita%20Humphreys%20Theater%2C%20designed%20by%20Frank%20Lloyd%2...

Tucy

Discovery District Food Hall Tenants Need More Customers

https://www.dallasnews.com/food/restaur ... customers/

Tucy

LOL That article reminds me of one of the more hilarious clips from the prior story we were discussing up-thread -- where Beck claimed the project is ahead of schedule. ROFLMAO

Tucy

FWIW, I can find no building permit applications yet... I tried all the address ranges for the streets bordering the block...

Tucy

SWA would only need 1-2 gates to get 20-30 departures a day. Probably a similar gameplan as IAH or ORD if they expand to DFW. They have 2 gates and 28 departures out of ORD. I'm still a doubter and this is a public way to tell Dallas to get started on expansion plans for Love. Pretty sure they have...

Tucy

dd_dweller wrote:It looks like Toni and Guy is closing at NP. I wonder what will take that spot.

It looks like they have already been removed from Northpark's website. Remind us: where were they located?

Tucy

Right. Saying Seritage is not Sears when the former Sears CEO spun it off and became CEO of Seritage is kind of quibbling. Beck was speaking for a news article, it's close enough. Lampert was never CEO of Seritage. As of earlier this year, he is no longer Chairman or even on the board. It is not ju...

Tucy

Re: Prada; it’s hard to take an article seriously when it includes this “information”: “Prada already operates stores in major U.S. cities like Dallas and Houston, but now plans to open locations in emerging “luxury centers” such as Austin, Atlanta, Seattle, and San Jose, . . .” Prada does not have...

Tucy

I'm not saying Beck is particularly credible, but Sears did just come out of bankruptcy per https://therealdeal.com/2022/11/08/sears-crawls-out-of-bankruptcy-in-tatters/ and per that article, Seritage is looking to sell it's assets individually due to the bankruptcy, because it got 0 offers on an a...

Tucy

https://t.co/1GTMrosii5 Per Scott Beck, Midtown is still the name, there was a dispute about who should pay for the sewer infrastructure that was recently installed (and mentioned here years ago), it took a long time to acquire the Macys land, the Sears land holder has recently filed for bankruptcy...

Tucy

acclar11 wrote:https://www.tdlr.texas.gov/TABS/Projects/TABS2023005948
Looks like Victoria's Secret is moving. I think space 723 is the former Express.

Can you remind us where that is?

Tucy

A little case study, if you will, of office moves related to downtown Dallas. Haynes and Boone law firm. - Previous to 1997, they were entirely in downtown Dallas; In 1997 they opened an office in Richardson. - As of November 2006, they were in 216,000 square feet downtown. - In 2008 they moved from...

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