Dallas Fort Worth Urban Forum

LongonBigD wrote:They are not messing around. Since the ground breaking announcement the other day, there has been a constant parade of semis hauling dirt away as they dig the hole for the underground parking.

As someone else suggested earlier in the thread, there should be some other traffic pattern for those trucks. They currently enter the site on the south side (Armstrong) and then leave full of dirt on the north side onto Knox Street headed east. What a nightmare on the most walkable street in the city to dodge these trucks as people do their Christmas shopping.

Tnexster wrote:

LongonBigD wrote:They are not messing around. Since the ground breaking announcement the other day, there has been a constant parade of semis hauling dirt away as they dig the hole for the underground parking.

As someone else suggested earlier in the thread, there should be some other traffic pattern for those trucks. They currently enter the site on the south side (Armstrong) and then leave full of dirt on the north side onto Knox Street headed east. What a nightmare on the most walkable street in the city to dodge these trucks as people do their Christmas shopping.

Hope we get some cams!

Tnexster wrote:Knox Street high-rise project gets underway as Dallas’ most expensive development
The residential, hotel, office and retail complex is underway just east of Highland Park.

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

Allie Beth Allman & Associates is the listing agent for the condominium residences, which are already being snapped up by buyers at prices starting near $4.5 million.

“We’ve already sold pretty much all the condos,” said Ray Washburne, managing director of Highland Park Village Associates, which is handling retail leasing for the development.

CBRE Group is leasing the office building.

rono3849 wrote:High rise condo market in Dallas will do best in and around HP for sure. Follow the money.

Dallas Morning News wrote:Raising Cane’s founder buys penthouse atop luxe Knox Street development

eburress wrote:The hole has gotten VERY deep. There's going to be a ton of parking underneath this project. I wonder if in part they're anticipating the removal of all those surface lots behind Starbucks, Crate & Barrel, Stag, etc.

The cost to rent an office along the popular Knox Street corridor is now higher than any other street in Dallas and most others nationally, a new report shows.

Knox Street ranks No. 12 among the most expensive streets to rent an office on in the U.S., according to a recent study from commercial real estate firm Jones Lang LaSalle based on year-end 2023 data. The average asking rent for office space on Knox is $79.25 per square foot and the highest on the street is $108, according to JLL.

Renting offices in the buzzing urban environment with shops and restaurants along the Katy Trail comes at a significant premium. It was more than double the Dallas-area office market's average asking rent of about $34 per square foot as of the end of 2023, per JLL data.

This is the street's first appearance on the list, published five times since 2005. Pearl Street and Crescent Court, which JLL includes in its Uptown/Oak Lawn submarket, rank just behind Knox.