Dallas Fort Worth Urban Forum

Tucy

R1070 wrote:They are opening an Atlanta store, so it may not be a wild idea for them to open here.

I think there is also one in Houston. Never mind. Apparently the Houston Balmain is inside Nieman Marcus.

Tucy

In related news, G-S's Marcus retail banking operation is failing and has been laying off people and essentially being put out of business. My understanding is that the Richardson base is connected to Marcus. Have there been layoffs up there? Perhaps they never planned to move those people from the ...

Tucy

rono3849 wrote:What's sad is that this could be a dynamic development on the skyline, but this will be a mediocre in-fill.

If we're lucky. More likely, it will just remain as is.

Tucy

From 80 stories to 55 stories to 50 stories to 25 stories to 20 stories to 16 stories, now 12 . . .

Gotta say, Hunt and Goldman Sachs played the Dallas City Council masterfully. Nothing gets them to open the taxpayers' checkbooks like flashy images of shiny new buildings, especially tall ones!

Tucy

And apparently now topping out at 12 stories!

Tucy

IT'S WORSE THAN WE THOUGHT After noticing that there were 4 deeds last month for storage spaces, I thought I'd better check through the prior deeds. I found that 12 deeds I had previously counted as sold residential units were in fact just storage space or additional parking. The corrected numbers:...

Tucy

March 2023 As mentioned last month, it looked like Bleu Ciel had a burst of sales. It turns out that 4 of those sales were merely the deeding of storage space within the building. But there was one sale of a residential unit. One unit sold. 104 sold in 64 months. (1.625 per month) 54 remaining. Sell...

Tucy

March 2023

Zero sold. 29 sold in 33 months. (0.88 per month) 20 remaining.

Sell-out projection: 4 years, 8 months

More realistic: They have sold 6 in the past 15 months (0.4 per month). At that pace, the sell-out projection is 6 years, 11 months.

Tucy

Now Dallas/DFW is without a Four Seasons... I can't imagine that can last very long. I mean, Dallas has been without a Saks for 10 years amd counting (the only metro area without one), so... The only metro without a Saks? I don’t think so. I suspect that’s not what you meant to type. (There are abo...

Tucy

Well, this can't be good... It's been almost ten months since the last Steve Brown article about this project...

Tucy

Update: still no permits issued for Isosceles. (2323 Commerce)

Tucy

Still can't find any building permit applications for this.

Tucy

Office Space Occupied in Central Dallas (per Transwestern) CBD 4th Q 2012: 27,209,000 3rd Q 2020: 22,950,000 1st Q 2023 : 18,897,254 -- 30.5% less than 2012.. 17.7% drop in the past 2 1/2 years. (and down another 219,000 square feet since year-end 2022) Uptown/Turtle Creek 4th Q 2012: 10,396,000 3r...

Tucy

Does anyone know the status of this residential conversion or of any of the others that were announced around the same time?

Energy Plaza
Renaissance
Bryan Tower
Santander

Tucy

At last! We're getting a Prada store!

https://www.dallasnews.com/business/ret ... con-prada/

Tucy

Nervous lenders are scrutinizing Dallas-area commercial property loans The largest two Dallas area properties that lenders are scrutinizing are in downtown Dallas - the 2100 Ross office tower near the Arts District and the Mercantile Place on Main apartments on Main Streets, Morningstar details. Mo...

Tucy

February 2023 Zero sold. 103 sold in 63 months. (1.63 per month) 55 remaining. Sell-out projection: 8 years, 1 month They've gone 13 months without a sale. -- 4 sold in Calendar year 2022 (0.33 per month) (They already have some sales in March. I'm guessing there must have been a significant price a...

Tucy

February 2023

One unit sold. 29 sold in 32 months. (0.91 per month) 20 remaining.

Sell-out projection: 4 years, 7 months

More realistic: They have sold 6 in the past 14 months (0.43 per month). At that pace, the sell-out projection is 6 years, 7 months.

Tucy

Yeah. I’m starting to feel the same way. It has been 7 years or so since HEB bought that site. Sigh…. :( This was by far my favorite project. 800 units and it tied in with the West Village too. It really would’ve boosted the residential density and pedestrian activity. Edit: I found this. This is a...

Tucy

I think this project is DOA now. HEB owns the land, so they're known to just sit on real estate for years. I suspect this one is now in their deep freezer. They waited way too long and the interest rates have put an end to it. Yeah. I’m starting to feel the same way. It has been 7 years or so since...

Tucy

Presentation from the OLC https://drive.google.com/file/d/1TAp4XgQXfybjkwYEBUwe6ZFeniSTHC3j/view Nice presentation, thanks for posting. This tower is actually 30-stories with an impressive height of 370 ft. Although 5 floors of underground parking will take a while just to dig it out. Per the linke...

Tucy

I can't find this project listed on KDC's website under either "active projects" or "available development sites".

Tucy

rono3849 wrote:Any whispers about the Isosceles tower? I thought it was supposed to get active before the end of Q1 2023. Just curious.

Building permits still haven't been issued. (Applied for, which is a good sign, but not yet issued.)

Tucy

What has that equipment been up to? I haven't been by that site in some time. I'll check it out. I went by there four days ago and the equipment was still there at the eastern portion of the construction site that is fenced around. Although that same construction equipment has been sitting there fo...

Tucy

It implies that even without more spec office construction underway, the empty space downtown could slowly fill with more daytime workers than were originally officed in the same square footage. Which would work out well for supporting new restaurants and future ground floor retail... Except that a...

Tucy

300 Pearl Global architecture firm eyes digs in new downtown Dallas high-rise https://www.dallasnews.com/business/real-estate/2023/03/08/global-architecture-firm-eyes-digs-in-new-downtown-dallas-high-rise/ Is this just another move within downtown (and a significant down-sizing, from 60,000 square ...

Tucy

300 Pearl Global architecture firm eyes digs in new downtown Dallas high-rise https://www.dallasnews.com/business/real-estate/2023/03/08/global-architecture-firm-eyes-digs-in-new-downtown-dallas-high-rise/ Is this just another move within downtown (and a significant down-sizing, from 60,000 square ...

Tucy

rono3849 wrote:
Tucy wrote:Can anyone find any FAA, TDLR, or city building permit filings?

Well, I don't have any information on that, but you can drive by the site and see for yourself that something is going on there. These were nice sized pieces of equipment.

What has that equipment been up to?

Tucy

Advertising to some of the smaller towns outside of Fort Worth might really benefit this line for people going to DFW airport. There's a lot of active Facebook groups for areas like Cleburne, Granbury, Stephenville, Glen Rose, Mineral Wells, etc that have plenty of members that I'm sure have no ide...

Tucy

I think Field Street is more likely than Newpark, but they didn't explain the "educational" aspect of this development in depth whatsoever. All of it was very vague. No doubt. Field Street District is probably ten times more likely than Newpark (which puts Field Street at about 10% likeli...

Tucy

TexRail ridership for January 2023 was 58,143 (20.7% of the ridership they projected they would achieve after 1 year). 1,875 passengers per day. About 28 passengers per train - 7 passengers per coach, for the entire run. One should have a really good chance of having a private coach if you take it j...

Tucy

Tnexter, you were right. Totally lacking in substance. I heard them mention Newpark, the new convention center, the Farmers Market, Woods Capital's Field Street District, Goldman Sachs, and the bunch of planned or ongoing residential conversions. Nothing we didn't already know about, and includes so...

Tucy

DFW wrote:Actually the biggest and deepest hole ever dug in Dallas was for the nearby Crescent Court building complex. It took more than a year to dig it out.

5 levels - same as this one. Hasn’t there been a 7 level underground garage dug more recently?

Tucy

2811MapleTower.jpg The depth of the hole for this tower probably corresponds to the number of underground parking levels this development requires. Since the tower is 31-stories tall, I'd imagine they'll need a lot of parking for residences and guests. Was this meant to be in the 2811 Maple thread?

Tucy

What is the status of the Fields West development (the 180 Legacy West-type development) within Fields Ranch, that was announced last April? Are there any stated or rumored start dates?

Tucy

Just wanted to share a quick funny item I just noticed on the developer's website regarding this project. They claim it will include the "only Four Seasons in Texas". Even in developer-speak, that's quite a stretch. (There are Four Seasons hotels in both Austin and Houston.)

Tucy

Structure Summary Structure Type: Building Structure Name: Building Point A Structure Details Latitude (NAD 83): 32° 48' 19.89" N Longitude (NAD 83): 96° 48' 15.74" W Datum: NAD 83 City: Dallas State: TX Nearest County: Dallas Proposed Site Elevation: 433 Structure Height: 528 Total Heigh...

Tucy

A little reading material for those interested in why so many luxury hotel projects include condos and how important they are to the financing of such projects: https://skift.com/2021/04/07/luxury-hotel-development-leans-more-on-having-condos-in-the-mix/ https://www.ccim.com/cire-magazine/articles/d...

Tucy

It's not subjective. The impact of their involvement is objectively significant. And to reiterate why, the big selling point for the Condos in these project is that you'll have access to Four Seasons amenities. If Four Seasons decides to pull out because it's progressing too slowly, the developer w...

Tucy

One more point: The new Four Seasons in San Francisco also has condos atop it. You'd think condos would sell much easier/faster there, right? Well, last I checked (and it may have changed), less than 10% of the units have sold. If that's any sign, given how slow/weird the Dallas market is for condo...

Tucy

See from above: Whether it's "minimal" or not is pretty subjective. It's not subjective. The impact of their involvement is objectively significant. And to reiterate why, the big selling point for the Condos in these project is that you'll have access to Four Seasons amenities. If Four Se...

Tucy

I'm not sure why you're being combative. If anything, we're closer in agreement on this than you seem to acknowledge. I do, however, take issue with your speaking in broad strokes that aren't entirely accurate about this project. And yes, I will point them out and *NOT* stop. What have I said about...

Tucy

The Sam Moon Group / JW Marriott example proves it's feasible without them, even if unconventional. Dude, you are in over your head. Just stop. I'm not sure why you're being combative. If anything, we're closer in agreement on this than you seem to acknowledge. I do, however, take issue with your s...

Tucy

While the developers haven't been applying for building permits yet, the FAA clearance study cases for points A, B, C, and D now say they haven't been studied despite bearing date stamps from June 24, 2021: 2021-ASW-9292-OE 477' 2021-ASW-9293-OE 478' 2021-ASW-9294-OE 449' 2021-ASW-9295-OE 463' Have...

Tucy

How are they handling presales? I see no floorplans, no info at all. No pretty pictures. No ads. You can sign up on their website where it says they will "contact you when they get closer to commencing sales". I signed up quite some time ago and have not yet heard anything. It seems odd t...

Tucy

No good reason why the same couldn't happen for the Four Seasons (and no, the developer trying to maximize their return on this project by incorporating condos that aren't really neccessary doesn't count as a good reason to me). Actually, condo sales are what make these types of projects even possi...

Tucy

It *CAN* happen if the hotel operator is eager/desperate enough to enter/return to a market, although the way they go about it may not be conventional or popular with some folks. One example would be the Sam Moon Group's project with JW Marriott, and another would be the Omni attached to KBH. They ...

Tucy

As stated above, Dallas is probably on the same "nice to have at some point in the future, but in no hurry" list wirh Mandarin Oriental as it is with Four Seasons because of the economy, and the state of downtown's office market being in flux (hotels such as Four Seasons and Mandarin Orie...

Tucy

In some situations, the need to add ventilation also requires the acquisition of further right-of-way to house the ventilation infrastructure, further escalating costs. NFPA [National Fire Protection Association] 502 does not mandate that mechanical ventilation be provided in tunnels less than 1000 ...

Tucy

Four Seasons' interest in this project will definitely have an impact on whether/when it gets built. Having a high-profile hospitality brand signed on and taking up a significant amount of the proposed space will make it easier for the developer to secure financing. Perhaps so, but it's pretty limi...

Search found 1563 matches