Dallas Fort Worth Urban Forum

Downtown Dallas: Field Street District

User avatar
xen0blue
Posts: 55
Joined: 14 Nov 2016 13:36

Downtown Dallas: Field Street District

Postby xen0blue » 13 Dec 2019 15:56

Field St District: $1 billion project planned for the north side of downtown Dallas

Developers have taken the wraps off a major new high-rise project planned on the northern edge of downtown Dallas.

Called the Field St. District, the massive mixed-use development is planned for a two-block, 6-acre property on Woodall Rodgers Freeway.

One of the largest vacant properties downtown, the huge building site was purchased this summer by Kaizen Development Partners and Woods Capital.

Since then, the new owners have been working on preliminary building plans for the property, which is zoned for up to 5 million square feet.

The initial construction plans call for a combination of office space, retail space and apartment units.

Kaizen and Woods Capital formed a partnership with Dundon Capital Partners for the more than $1 billion project.

Dallas architect HKS designed the buildings.

Kaizen Development CEO Derrick N. Evers said he hopes that site work for the construction can start by late next year.

The Field St. District is in a corner of downtown that is already seeing significant construction.

A 45-story luxury apartment tower — Amli Fountain Place — is under construction across the street from property. And just on the other side of Woodall Rodgers Freeway, the two-tower Union development has proven to be one of Dallas’ most successful real estate developments, with major office tenants including Salesforce, law firm Akin Gump and accounting firm Weaver.

Next door to the Union, Kaizen Development is building a 25-story office tower called the Link at Uptown.


https://www.dallasnews.com/business/rea ... wn-dallas/

User avatar
quixomniac
Posts: 134
Joined: 21 Oct 2016 21:24

Re: Downtown Dallas: Field Street District

Postby quixomniac » 13 Dec 2019 18:14

Was about to post this but yall are quick, someone always posts first :)
First Look: Field Street District in Dallas
Opportunities like these don’t come around very often, and the partners behind the new Field Street District are determined to get it right. Kaizen Development Partners, Woods Capital, and Dundon Capital acquired two prime tracts on McKinney Avenue at Field Street this past summer, and have selected HKS Inc. as lead designer on their new mixed-use project.
Initial plans call for 1.2 million square feet of office space—in 700,000-square-foot and 500,000-square-foot towers—a hotel, and two residential towers with about 300 units in each. There also will be about 30,000 square feet to 40,000 square feet in amenity space, mostly restaurants and resident/tenant services.

https://www.dmagazine.com/commercial-re ... in-dallas/

Also here are some development porn renderings to go with it.
Overall a very interesting design.
You do not have the required permissions to view the files attached to this post.

User avatar
Dragon_Lady
Posts: 27
Joined: 18 Oct 2016 22:54

Re: Downtown Dallas: Field Street District

Postby Dragon_Lady » 14 Dec 2019 00:34

I'm sorry but that concept is a "turd on a shingle". Give me the original 100 plus story concept back in the day any day over that hot mess.

User avatar
ContriveDallasite
Posts: 295
Joined: 27 Oct 2016 03:34
Location: München

Re: Downtown Dallas: Field Street District

Postby ContriveDallasite » 14 Dec 2019 04:19

Way too much going on, nearly every angle of the rendering looks like a different building.

With that said, I would be elated to see a building of this scale interact with the DART portal.

User avatar
dzh
Posts: 65
Joined: 14 Dec 2016 20:24

Re: Downtown Dallas: Field Street District

Postby dzh » 14 Dec 2019 08:58

This kind of reminds me of Brickell City Centre in Miami. Say what you want about the architecture of this project, but Downtown Dallas has been kinda needing a development of this style for a while. This thing will possibly create an important center of activity.

User avatar
Matt777
Posts: 716
Joined: 28 Oct 2016 09:10

Re: Downtown Dallas: Field Street District

Postby Matt777 » 14 Dec 2019 10:26

Wow, all this hate for an attractive development that would replace what's been a sea of surface parking surrounded by expressway lanes and offramps for many decades.... I say go for it, integrate it well with DART, and let it be a catalyst for a dead concrete sea that hasn't had any hopes for 50+ years.

If I could recommend anything, it would be to do a better job of hiding podium parking by wrapping it with residential/office space but I would be totally fine with it moving forward as-is.

cowboyeagle05
Posts: 2471
Joined: 21 Oct 2016 08:45
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby cowboyeagle05 » 14 Dec 2019 14:24

Do we think there will be any public push back considering this sort of leans over historic West End? I know Downtown Dallas Inc is fine but are there any orgs that might raise a stink about it being too massive and out of character for the historic district nearby. I realize I am 100% conjecturing an excuse but just wouldn't be surprised to see some group try to derail things.
“Growth for the sake of growth is the ideology of the cancer cell”

User avatar
quixomniac
Posts: 134
Joined: 21 Oct 2016 21:24

Re: Downtown Dallas: Field Street District

Postby quixomniac » 14 Dec 2019 16:10

ContriveDallasite wrote:Way too much going on, nearly every angle of the rendering looks like a different building.

With that said, I would be elated to see a building of this scale interact with the DART portal.


Thats because its several buildings, not just one.
But I think that's kind of the point, the different textures/faces create more energy at the street level.

I think thats another key point. The Dart portal makes it a hard sell for any developer.
Honestly i think we'll be ok if they strap on a few LED's ;)
Imagine all those squares lit up, itll be like one arts plaza on steroids.
A giant tetris game!

cowboyeagle05 wrote: Do we think there will be any public push back considering this sort of leans over historic West End? I know Downtown Dallas Inc is fine but are there any orgs that might raise a stink about it being too massive and out of character for the historic district nearby. I realize I am 100% conjecturing an excuse but just wouldn't be surprised to see some group try to derail things.


That's a fair point. Google Maps has the west end district formally ending a few blocks over.
There's also a sea of parking lots in between, so i dont think it should be a huge problem.
You do not have the required permissions to view the files attached to this post.

User avatar
Hannibal Lecter
Posts: 599
Joined: 19 Oct 2016 19:57

Re: Downtown Dallas: Field Street District

Postby Hannibal Lecter » 16 Dec 2019 11:02

Dragon_Lady wrote:Give me the original 100 plus story concept back in the day any day over that hot mess.


Where do people get the idea that a 100 story building could ever be built there? Zoning is irrelevant. The FAA gets the last word.

lakewoodhobo
Posts: 1157
Joined: 20 Oct 2016 13:49
Location: Elmwood, Oak Cliff

Re: Downtown Dallas: Field Street District

Postby lakewoodhobo » 16 Dec 2019 11:24

cowboyeagle05 wrote:Do we think there will be any public push back considering this sort of leans over historic West End?


I really doubt it seeing how the tallest building in Dallas is much closer to the West End. Even within the district we have the Luminary and the Holocaust Museum that don’t fit the style.

It would be nice to see this project acknowledge the West End somehow, but it's just too far away relatively speaking.

User avatar
texasstar
Posts: 216
Joined: 18 Oct 2016 22:39

Re: Downtown Dallas: Field Street District

Postby texasstar » 16 Dec 2019 13:33

Hannibal Lecter wrote:
Dragon_Lady wrote:Give me the original 100 plus story concept back in the day any day over that hot mess.


Where do people get the idea that a 100 story building could ever be built there? Zoning is irrelevant. The FAA gets the last word.


They did force the BOA Tower to reduce its height. So, it seems unlikely we will ever see anything taller.

Tnexster
Posts: 2668
Joined: 22 Oct 2016 16:33
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby Tnexster » 18 Dec 2019 16:56

Last week I had the opportunity to attend the Governor's State of the State luncheon at the Fairmont. He made a couple of comments during that speech that caught my attention, one being that he was involved in a discussion with a developer that was about to start construction on some kind of downtown high rise project. What was of most interest was that this unnamed developer was intentionally building above ground garage space that could be converted to living, office or hotel use later once the need for cars starts to go the other way. He made a brief reference to "peak road" being between 10 and 20 years away and then the need for roads would start to decline. But, this particular project hit the news within a day, maybe two which made me wonder if the governor was talking about this project. Whatever they do with the garages can be easily converted later.

Would that change anyone's view of podium parking?

DPatel304
Posts: 1888
Joined: 19 Oct 2016 18:49
Location: Turtle Creek

Re: Downtown Dallas: Field Street District

Postby DPatel304 » 18 Dec 2019 17:04

Tnexster wrote:Would that change anyone's view of podium parking?


1000% yes! I'm so happy to hear that we might see a 'convertible' type of parking space built in Dallas. I've actually been suggesting developers do this in the past in several different threads, so I'm glad they are finally getting on board.

To me, a convertible garage seems like a no-brainer. I'm really curious to know how the costs of this style of garage compare to an underground garage. I understand underground is pretty expensive, and, if it's actually more expensive than building a convertible parking garage, I really don't understand why you would pick underground over this option.

Tnexster
Posts: 2668
Joined: 22 Oct 2016 16:33
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby Tnexster » 19 Dec 2019 08:46

DPatel304 wrote:
Tnexster wrote:Would that change anyone's view of podium parking?


I understand underground is pretty expensive, and, if it's actually more expensive than building a convertible parking garage, I really don't understand why you would pick underground over this option.


True, would make more sense.

User avatar
Tivo_Kenevil
Posts: 1626
Joined: 20 Oct 2016 12:24

Re: Downtown Dallas: Field Street District

Postby Tivo_Kenevil » 19 Dec 2019 09:19

Well if the rumors are true..why not consolidate the office towers into one large tower?

The "double" podium would effectively become the second half of the combined tower.

User avatar
muncien
Posts: 1062
Joined: 25 Oct 2016 08:46
Location: Cypress Waters

Re: Downtown Dallas: Field Street District

Postby muncien » 19 Dec 2019 10:06

Honestly, for most real world business use cases, it makes more sense to have compartmentalized office space instead of one big, massive building. Security safeguards are far more stringent than what they were back in the 80's. There's a far greater emphasis on infosec, vs physical security. So, segregating systems and people from various companies or even business units within a company is more important than having a single fortress with a hard entry point. This is one of the reason 'campus' offices took off... You can put finance in one section, IT in another, customer care in their own area, etc. Each can have their own security level, infrastructure, and services, without being spread across a large geographic area.
It may not make for good eye-candy, but it certainly makes more sense from a functional perspective. And, if done right, it can be more aesthetically pleasing and interactive at ground level.
"He doesn't know how to use the three seashells..."

DPatel304
Posts: 1888
Joined: 19 Oct 2016 18:49
Location: Turtle Creek

Re: Downtown Dallas: Field Street District

Postby DPatel304 » 19 Dec 2019 10:21

muncien wrote:Honestly, for most real world business use cases, it makes more sense to have compartmentalized office space instead of one big, massive building. Security safeguards are far more stringent than what they were back in the 80's. There's a far greater emphasis on infosec, vs physical security. So, segregating systems and people from various companies or even business units within a company is more important than having a single fortress with a hard entry point. This is one of the reason 'campus' offices took off... You can put finance in one section, IT in another, customer care in their own area, etc. Each can have their own security level, infrastructure, and services, without being spread across a large geographic area.
It may not make for good eye-candy, but it certainly makes more sense from a functional perspective. And, if done right, it can be more aesthetically pleasing and interactive at ground level.


Thanks for sharing, that makes sense. I did notice that Dallas was getting a lot more 'multi-story' developments as opposed to supertalls, and I was wondering what the reason was.

User avatar
Tivo_Kenevil
Posts: 1626
Joined: 20 Oct 2016 12:24

Re: Downtown Dallas: Field Street District

Postby Tivo_Kenevil » 19 Dec 2019 10:35

muncien wrote: So, segregating systems and people from various companies or even business units within a company is more important than having a single fortress with a hard entry point. This is one of the reason 'campus' offices took off... You can put finance in one section, IT in another, customer care in their own area, etc. .


This is actually the exact opposite of what you're seeing today's in offices...

In my opinion, you're seeing companies scale down in space. You're also seeing a more free form based of seating within offices. I know of one major Energy Provider in Las Colinas, that has everyone under 1 roof.

I also know of a Financial Institution, which recently moved Frisco (ahem..), where Employees don't even have a defined space. They can effectively move around, use the WiFi, be where they like. They also run a 24 operation, so once an employee leaves for the day, another comes in and sits where the other employee was.

The biggest change I've seen is within the IT space. Systems are now all entirely cloud based. The security needed for systems is effectively in the hands of Cloud Services Providers (AWS, Google Cloud Services, MS Azure etc).

Honestly, if company's systems are still on site.. it's considered a risk and a money pit... not to mention it would be considered a joke from a scalability perspective.

I think consolidation of the offices makes sense from the perspective that it's easier for companies to be unified in such a manner. Also it's not like they can separate departments by floors if the chose too.

It's really just a matter cost I think for the developer tbh to go taller. However, there's an opportunity lost once you use that land for splitting a tower that could have been consolidated. These towers don't even look that big to be honest for this project... 25 stories? We have condos in the 50 story range nowadays.

User avatar
muncien
Posts: 1062
Joined: 25 Oct 2016 08:46
Location: Cypress Waters

Re: Downtown Dallas: Field Street District

Postby muncien » 19 Dec 2019 11:03

I've been working in the healthcare industry for nearly 20 years now. Due to growing HIPAA concerns and a 'need to know' basis for accessing any information (including overhearing phone calls), there has been a much greater emphasis on isolating teams from one another, if their duties don't require them to know the information of a neighboring business unit.
Floor level security has always been in place, and enforced at the elevators, but now they have attempted to setup gantries at each floor for further security. It's quite a mess to manage and has resulted in Facilities leadership being replaced twice already.
'Hotel' cubes (shared cubes) are indeed a thing. But these must still be isolated by business units so Sales can't overhear medicare customer complaints, and so on. I have actually never seen it so stringent as it is today.
But that doesn't mean we don't want to all be in the same place... In fact, consolidation is a driving force today. It just means that the place needs to have various degrees of security that can be easily implemented.
"He doesn't know how to use the three seashells..."

User avatar
joshua.dodd
Posts: 456
Joined: 23 Oct 2016 01:11

Re: Downtown Dallas: Field Street District

Postby joshua.dodd » 20 Dec 2019 14:34

Hannibal Lecter wrote:
Dragon_Lady wrote:Give me the original 100 plus story concept back in the day any day over that hot mess.


Where do people get the idea that a 100 story building could ever be built there? Zoning is irrelevant. The FAA gets the last word.


As I understand it, this side of Downtown is in the clear with the FAA.

User avatar
Tivo_Kenevil
Posts: 1626
Joined: 20 Oct 2016 12:24

Re: Downtown Dallas: Field Street District

Postby Tivo_Kenevil » 20 Dec 2019 18:54

https://www.bizjournals.com/dallas/news ... trict.html

"The development team says it will wait to break ground on the project until an anchor office tenant is found."

The project is Nothing more than lure at this point.

DPatel304
Posts: 1888
Joined: 19 Oct 2016 18:49
Location: Turtle Creek

Re: Downtown Dallas: Field Street District

Postby DPatel304 » 20 Dec 2019 19:08

Bummer, this one seemed to be a bit more realistic than some of the other proposed developments we have seen.

I get the logic behind not starting until you have a lead tenant, but couldn't there be some tenants out there who want something more quickly and might be more likely to lease something that is already in progress, rather than lease something that hasn't started yet and have to wait?

Then again, I'm sure there are companies that fall in both categories (some that don't mind waiting, and some that want something more immediate).

cowboyeagle05
Posts: 2471
Joined: 21 Oct 2016 08:45
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby cowboyeagle05 » 21 Dec 2019 15:09

Paper City Mag article on the development.
https://www.papercitymag.com/real-estat ... partments/

Located at 1100 McKinney Avenue, the tracts are zoned to permit more than 5 million square feet of building area, but the current plan is to build about half of that potential ― between 2 to 2.5 million square feet — in a more than $1 billion project.

...Ultimately Field Street District will become five towers, but phase one will begin by building three of them. Woods expects construction to begin by the third quarter of 2020 and to take about two years to complete. ...

...One tower will add 750,000 square feet of office space to the prime area. The second tower will become a new hotel with an additional 50,000 square feet of retail space, and the last of these first three towers will be the residential component, adding 300 apartment units.

The future two towers will come in phase two.

“We’ll add some low-rise retail to the area, to fill in the space as a place-holder, and wait for demand for us to go vertical on that site,” Woods says. “Over the next few years Field Street will see a massive amount of development and redevelopment.”
“Growth for the sake of growth is the ideology of the cancer cell”


cowboyeagle05
Posts: 2471
Joined: 21 Oct 2016 08:45
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby cowboyeagle05 » 27 Apr 2020 17:31

Interesting so Headington Co and Woods Capitol now own it. It's not big enough for anything massive but hey if they both wanna control the pace of redevelopment in this area its best to own all the land you can. NOw both companies can sit on their property for another 10-20 yrs if they wanna wait for another boom cycle.
“Growth for the sake of growth is the ideology of the cancer cell”

User avatar
Tivo_Kenevil
Posts: 1626
Joined: 20 Oct 2016 12:24

Re: Downtown Dallas: Field Street District

Postby Tivo_Kenevil » 27 Apr 2020 17:59

cowboyeagle05 wrote:Interesting so Headington Co and Woods Capitol now own it. It's not big enough for anything massive but hey if they both wanna control the pace of redevelopment in this area its best to own all the land you can. NOw both companies can sit on their property for another 10-20 yrs if they wanna wait for another boom cycle.


Another 10-20 years of parking lots.Im afraid the big Downtown players have no vision..

User avatar
Jbarn
Posts: 120
Joined: 05 Nov 2016 18:58

Re: Downtown Dallas: Field Street District

Postby Jbarn » 27 Apr 2020 19:01

I thought Headington was retreating from downtown.

cowboyeagle05
Posts: 2471
Joined: 21 Oct 2016 08:45
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby cowboyeagle05 » 28 Apr 2020 11:13

^He is in some form but I imagine he would rather hold on to the land he purchased and hold on to it as a long term investment. Headington got out of his restaurants/retail cause he saw the bleeding was too much before he was rendered bankrupt. A man like that doesn't let his businesses bleed him dry he washed his hands and is holding on to solid investments like Downtown land that requires little to no day to day costs. He will keep his contracts with the parking lot management companies and sit and wait.
“Growth for the sake of growth is the ideology of the cancer cell”

User avatar
dzh
Posts: 65
Joined: 14 Dec 2016 20:24

Re: Downtown Dallas: Field Street District

Postby dzh » 28 Apr 2020 13:12

Can someone tell me where they first heard that he (Headington) is totally exiting the restaurant and entertainment industry? Admittedly, the DMagazine article about his company makes things sound bleak...but it's hard to imagine that he totally walks away from all of these projects because of Covid.

Not trying to doubt anyone, but am curious if someone can provide a source (even friend of a friend) for why they are led to believe that we will be seeing the exit of Headington from downtown retail.

User avatar
rono3849
Posts: 152
Joined: 16 May 2019 23:46

Re: Downtown Dallas: Field Street District

Postby rono3849 » 28 Apr 2020 13:23

dzh wrote:Can someone tell me where they first heard that he (Headington) is totally exiting the restaurant and entertainment industry? Admittedly, the DMagazine article about his company makes things sound bleak...but it's hard to imagine that he totally walks away from all of these projects because of Covid.

Not trying to doubt anyone, but am curious if someone can provide a source (even friend of a friend) for why they are led to believe that we will be seeing the exit of Headington from downtown retail.


My understanding is that Headington is very dependent on money from the energy business, which is in a state of collapse. I'd expect that to be the reason for the company's situation.

cowboyeagle05
Posts: 2471
Joined: 21 Oct 2016 08:45
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby cowboyeagle05 » 28 Apr 2020 17:30

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 his energy money and we all know his foray into department stores hasn't been a success either. Covid just kinda kicked the bottom line in the teeth. I imagine the profitable businesses will reopen when he has extra capital to spend on his fun projects. He has been slowly absorbing as much of Main Street District as he can to sort of make it a hotspot to help all his investments on the same stretch of the street. I guess he was hoping to pull a Bass Family which has had a lot of success dominating Sundance Square in this way.
“Growth for the sake of growth is the ideology of the cancer cell”

User avatar
Tucy
Posts: 794
Joined: 19 Oct 2016 12:50

Re: Downtown Dallas: Field Street District

Postby Tucy » 29 Apr 2020 12:02

cowboyeagle05 wrote: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 his energy money and we all know his foray into department stores hasn't been a success either. Covid just kinda kicked the bottom line in the teeth. I imagine the profitable businesses will reopen when he has extra capital to spend on his fun projects. He has been slowly absorbing as much of Main Street District as he can to sort of make it a hotspot to help all his investments on the same stretch of the street. I guess he was hoping to pull a Bass Family which has had a lot of success dominating Sundance Square in this way.


No doubt, and the idea of pulling together a critical mass of retail space is a good one, and crucial to there ever being any significant retail in downtown Dallas. The difference between the successful Sundance Square development and Headington's apparently unsuccessful downtown Dallas attempt is that Sundance Square was developed with mass-market type retailers and services, whereas Headington (in the stereotypical Dallas way) tried to create a Rodeo Drive in downtown Dallas.

cowboyeagle05
Posts: 2471
Joined: 21 Oct 2016 08:45
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby cowboyeagle05 » 29 Apr 2020 12:28

Yes aka Victory Park tried to do the same. They all want to do Gucci and Valentino cause Old Navy just isn't sexy enough. Also, the problem with mass-market brands is they wouldn't step foot in Downtown until there are more rooftops surrounding them in their target markets. Uptown isn't enough, call me when Deep Ellum has matured, Riverfront Blvd has 15-20 apartment buildings, The Cedars isn't just an artist hamlet and West Dallas has finally hit a large critical mass as well. Then maybe things will more likely to take off for more destination retail.
“Growth for the sake of growth is the ideology of the cancer cell”

User avatar
mdg109
Posts: 292
Joined: 31 Oct 2016 17:10

Re: Downtown Dallas: Field Street District

Postby mdg109 » 29 Apr 2020 12:41

There has to be a happy medium between the ultra high-end retail and the chain retail/restaurant found at Sundance. I appreciate downtown FW's success, but every time I visit, it feels like I'm at a bigger Firewheel.

cowboyeagle05
Posts: 2471
Joined: 21 Oct 2016 08:45
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby cowboyeagle05 » 29 Apr 2020 12:42

I agree as well it feels like Main Street Disneyland which is a boring experience for me even if it is clean and neat. I always hate it when people want to go there. There are better areas in Fort Worth than Sundance Square but I will give them credit for an excellently designed public space.
“Growth for the sake of growth is the ideology of the cancer cell”

DPatel304
Posts: 1888
Joined: 19 Oct 2016 18:49
Location: Turtle Creek

Re: Downtown Dallas: Field Street District

Postby DPatel304 » 29 Apr 2020 15:13

mdg109 wrote:I appreciate downtown FW's success, but every time I visit, it feels like I'm at a bigger Firewheel.


I agree, but there's nothing really wrong with that. You have to start somewhere, and it seems like it's a pretty big success, which will eventually lead to more development in the area.

It seems very similar to West Village, which I would also describe as being very boring/bland and like an outdoor shopping mall. It's not really my favorite place to hang out, but it helped get things moving in Uptown and now we have all kinds of crazy developments going on in the area.

User avatar
Kelley USA
Posts: 651
Joined: 27 Oct 2016 12:46

Re: Downtown Dallas: Field Street District

Postby Kelley USA » 29 Apr 2020 15:25

DPatel304 wrote:
mdg109 wrote:I appreciate downtown FW's success, but every time I visit, it feels like I'm at a bigger Firewheel.


I agree, but there's nothing really wrong with that. You have to start somewhere, and it seems like it's a pretty big success, which will eventually lead to more development in the area.

It seems very similar to West Village, which I would also describe as being very boring/bland and like an outdoor shopping mall. It's not really my favorite place to hang out, but it helped get things moving in Uptown and now we have all kinds of crazy developments going on in the area.


Well Sundance, West Village and Firewheel do have one thing in common... All designed by the same firm (along with Southlake Town Square).

cowboyeagle05
Posts: 2471
Joined: 21 Oct 2016 08:45
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby cowboyeagle05 » 29 Apr 2020 17:12

And American Airlines Center...
“Growth for the sake of growth is the ideology of the cancer cell”

User avatar
dallaz
Posts: 428
Joined: 26 Oct 2016 14:50

Re: Downtown Dallas: Field Street District

Postby dallaz » 20 Jul 2020 12:25

Found this...

It looks like new renderings with some refinements

https://www.kaizendp.com/projects/Field-St-District

User avatar
R1070
Posts: 907
Joined: 26 Oct 2016 21:00

Re: Downtown Dallas: Field Street District

Postby R1070 » 20 Jul 2020 15:12

It's amazing that with that size of a development that there would still be open land in that area to build on.

Tnexster
Posts: 2668
Joined: 22 Oct 2016 16:33
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby Tnexster » 27 Jul 2020 15:50

I like this a little bit better, did they add some height?

User avatar
rono3849
Posts: 152
Joined: 16 May 2019 23:46

Re: Downtown Dallas: Field Street District

Postby rono3849 » 27 Jul 2020 17:41

Tnexster wrote:I like this a little bit better, did they add some height?


I've never seen any height projections for either tower. Just by looking at the renderings, I'm guessing that the towers are 40 to 45 stories tall each.

User avatar
eburress
Posts: 789
Joined: 19 Oct 2016 18:13

Re: Downtown Dallas: Field Street District

Postby eburress » 28 Jul 2020 14:41

The orientation of the buildings should be reversed in that they should step up in height from the West End. It's probably moot because this project isn't happening anyway, but if they're going to plan it they may as well plan it "correctly." :)

User avatar
rono3849
Posts: 152
Joined: 16 May 2019 23:46

Re: Downtown Dallas: Field Street District

Postby rono3849 » 28 Jul 2020 17:06

eburress wrote:The orientation of the buildings should be reversed in that they should step up in height from the West End. It's probably moot because this project isn't happening anyway, but if they're going to plan it they may as well plan it "correctly." :)


How do you know that the project isn't happening? Do you have an inside source? Why would the owners have purchased the land in the first place if they had no plans to build? Flip the land?

User avatar
eburress
Posts: 789
Joined: 19 Oct 2016 18:13

Re: Downtown Dallas: Field Street District

Postby eburress » 29 Jul 2020 10:44

I'm making some assumptions based around a variety of realities which include but are not limited to the large number of local projects which have been put on hold (many of which were further along and/or less complex than this), the current economic situation, the fact that there aren't tenants lined up or that the project's funding hasn't yet been secured, the large number of other projects in similar stages of progress which would be competing for the same tenants and funding, the dependency on what happens with D2 and Dart's current fiscal situation, etc... Basically it's a large, complex project with a lot of moving parts, in the worst economic downturn in U.S. history.

Assuming the owners aren't doing a flip, they probably purchased the land with the intent of developing it, just like the previous owners.

User avatar
Dallas12
Posts: 54
Joined: 30 Oct 2016 15:16

Re: Downtown Dallas: Field Street District

Postby Dallas12 » 29 Jul 2020 16:33

These parcels are probably as close as you can get to being the opposite of what you look for in a land flip. It can’t be up-zoned bc it already has maxed out entitlements. There is no way to improve the land value without developing. It’s not a buy and hold candidate bc development is happening all around it. And, lastly I highly doubt Kaizen and Wood spent the time creating a JV to flip a fully entitled parcel in the middle of DTD.

User avatar
eburress
Posts: 789
Joined: 19 Oct 2016 18:13

Re: Downtown Dallas: Field Street District

Postby eburress » 29 Jul 2020 17:48

^^ Agreed, I wouldn't expect it to be a flip. I still don't expect this project to happen because of the reasons I mentioned, but hopefully I'm way off.

Tnexster
Posts: 2668
Joined: 22 Oct 2016 16:33
Location: Dallas

Re: Downtown Dallas: Field Street District

Postby Tnexster » 30 Jul 2020 16:57

They do have the advantage of being able to build something to deliver to a post pandemic world which could make the property much more attractive to potential office space shoppers.

User avatar
dbent
Posts: 13
Joined: 19 Oct 2016 23:12

Re: Downtown Dallas: Field Street District

Postby dbent » 02 Aug 2020 02:49

eburress wrote:I'm making some assumptions based around a variety of realities which include but are not limited to the large number of local projects which have been put on hold (many of which were further along and/or less complex than this), the current economic situation, the fact that there aren't tenants lined up or that the project's funding hasn't yet been secured, the large number of other projects in similar stages of progress which would be competing for the same tenants and funding, the dependency on what happens with D2 and Dart's current fiscal situation, etc... Basically it's a large, complex project with a lot of moving parts, in the worst economic downturn in U.S. history.

Assuming the owners aren't doing a flip, they probably purchased the land with the intent of developing it, just like the previous owners.



To my knowledge, no projects that have been green lighted in downtown, uptown or victory which is this area have been put on hold....I think you’re referring to Turtle Creek which is a totally different scenario

User avatar
tamtagon
Site Admin
Posts: 1879
Joined: 16 Oct 2016 12:04

Re: Downtown Dallas: Field Street District

Postby tamtagon » 02 Aug 2020 08:51

Design District and The Crossroads is far too green for Turtle Creek to be self-sustaining with new top-of-the-market residential and office development. Uptown/Victory Park are still adolescent; Downtown is still adolescent... East Dallas has yet to figure out what's coming.

Turtle Creek will evolve into the residential peak of the south central US, topping anything in the Park Cities and River Oaks. But the Design District has to round the corner first, and the gayborhood has to finally come out of stasis.

The land currently called Field Street 'District' will develop into the transit oriented masterpiece appropriate to the train station it hosts, but the timeline will be in pencil until light rail construction is etched in stone....


Who is online

Users browsing this forum: Carousel, deweast and 46 guests

Login