Uptown Dallas: Parkside Uptown (Miyama) (~424 FT | ~30 ST)

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undefinedprocess
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Re: KDC & Miyama | Parkside Uptown at KWP

Postby undefinedprocess » 26 May 2021 09:33

Wonder if this means the second tower (which I realize was a phase 2 of sorts to begin with) is scrapped. I actually liked the original design more, particularly due to the crown. Sigh.

Anyways, yes, still way better than Hillwood's gateway icon super max ultra deluxe extraordinaire.

Hope to see this start sooner than later, but wish it retained the previous design, and was mixed-use. This KWP site deserves it, as I think reserving such a prime site for office alone is a waste at this point. I think we all agree on that, though. Same with Hillwood's site.

Previously design/plans isometric image attached, as well as a view of this looking west which shows why the crown/previous design was so nice to me...
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Tnexster
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Re: KDC & Miyama Project - 30 ST

Postby Tnexster » 26 May 2021 11:07

It's KDC so I have more faith this will happen than some of the others. Hopefully they get this out of the ground before some of the others start. I still like this one and the placement at the park is great.

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Re: KDC & Miyama Project - 30 ST

Postby R1070 » 26 May 2021 13:07

This is such a great location. I can’t imagine it not happening. Once it’s built and they move into it from the smaller building next to it, I think we will see a phase 2.

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Re: KDC & Miyama Project - 30 ST

Postby Tucy » 26 May 2021 13:36

R1070 wrote:This is such a great location. I can’t imagine it not happening. Once it’s built and they move into it from the smaller building next to it, I think we will see a phase 2.


Who is moving into it from the smaller building next to it? And is there reason to think that is the case, or are you just hoping?

Also, according to the building's website this is now 29 stories, not 30. (Was it ever really 30 or was that just another Steve Brown exaggeration?) Interestingly, one page, the developer says the building is 28 stories, but the stacking plan next to those words clearly shows 29.

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Re: KDC & Miyama Project - 30 ST

Postby rickbansal » 26 May 2021 13:40

Anyone know how tall it will be?

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Re: KDC & Miyama Project - 30 ST

Postby R1070 » 26 May 2021 14:01

Tucy wrote:
R1070 wrote:This is such a great location. I can’t imagine it not happening. Once it’s built and they move into it from the smaller building next to it, I think we will see a phase 2.


Who is moving into it from the smaller building next to it? And is there reason to think that is the case, or are you just hoping?

Also, according to the building's website this is now 29 stories, not 30. (Was it ever really 30 or was that just another Steve Brown exaggeration?) Interestingly, one page, the developer says the building is 28 stories, but the stacking plan next to those words clearly shows 29.


I’m pretty sure I read that the developing company who owns the smaller building would leave it for the new tower.

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Re: KDC & Miyama Project - 30 ST

Postby undefinedprocess » 26 May 2021 14:48

rickbansal wrote:Anyone know how tall it will be?

I’m lazy currently so not going to try and search for an exact number, but I’ll say this… Brochure mentioned the 22nd floor terrace was “300 feet above street level.” Add another 9 floors on top of that, plus the tiny box/crown, and I’d say it’s at least 400.

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Re: KDC & Miyama Project - 30 ST

Postby Tucy » 26 May 2021 16:13

rickbansal wrote:Anyone know how tall it will be?


Per one of the flyers on their website, "this instantly timeless structure stretches skyward to a majestic 450 feet."

Does anyone think it's a coincidence this new rendering came out just days after Hillwood Urban's new rendering? Chasing the same target tenants?

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Re: KDC & Miyama Project - 30 ST

Postby R1070 » 26 May 2021 18:55

It does look taller than Park District apartments

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Re: KDC & Miyama Project - 30 ST

Postby Tnexster » 27 May 2021 09:24

Tucy wrote:
rickbansal wrote:Anyone know how tall it will be?


Per one of the flyers on their website, "this instantly timeless structure stretches skyward to a majestic 450 feet."

Does anyone think it's a coincidence this new rendering came out just days after Hillwood Urban's new rendering? Chasing the same target tenants?


That would not surprise me a bit. KDC has a year head start on marketing to prospective tenants, again I have much more faith in this developer to do what they say they are going to do.

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Re: KDC & Miyama Project - 30 ST

Postby rono3849 » 08 Nov 2021 23:22

kdc.parkside.jpg


Has there been any update on the status of the KDC/Miyama Parkside Tower? This one appears to have gone by the wayside.
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Re: KDC & Miyama Project - 30 ST

Postby undefinedprocess » 09 Nov 2021 10:16

rono3849 wrote:kdc.parkside.jpg

Has there been any update on the status of the KDC/Miyama Parkside Tower? This one appears to have gone by the wayside.

Nope, no updates. Seems like KDC is still searching for a tenant/tenants, as they're doing for the many projects they're involved in. Remember when all the articles were stirring around last year, then it went silent. Then earlier this year, it "sprang back to life," maybe? Maybe there was interest and that was what triggered ole Steve "it's literally about to break ground!" Brown to write another puff piece, but also just could've been him huffing and puffing until the hype dies down.

I think this one is going to have to land a real big-time tenant/relo to get started at this point, especially considering the way KDC has been acting/operating (at least to us as we look outside in) with their other projects.

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Re: KDC & Miyama Project - 30 ST

Postby I45Tex » 09 Nov 2021 12:07

undefinedprocess wrote:I think this one is going to have to land a real big-time tenant/relo to get started at this point, especially considering the way KDC has been acting


The stacking diagram of KPF's design in the digital brochure at https://www.parksideuptown.com/ shows 15 or 16 floors of parking starting seven levels underground, so that's a bigger financial risk to build on spec

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Re: KDC & Miyama Project - 30 ST

Postby cowboyeagle05 » 09 Nov 2021 16:03

Well one of the big tenants searching for a place to land, CBRE chose Uptown just not this tower. They chose a name in Dallas office development aka one of he most conservative (not politics) developers in DFW, Trammel Crow. Who is the next big name looking beyond the rumors of Goldman Sachs.
“Growth for the sake of growth is the ideology of the cancer cell”

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Re: KDC & Miyama Project - 30 ST

Postby Tucy » 09 Nov 2021 16:19

cowboyeagle05 wrote:Well one of the big tenants searching for a place to land, CBRE chose Uptown just not this tower. They chose a name in Dallas office development aka one of he most conservative (not politics) developers in DFW, Trammel Crow. Who is the next big name looking beyond the rumors of Goldman Sachs.


Probably wasn't much of a contest in the case of CBRE, since they (a) own Trammel Crow, and (b) were already located in that Uptown building (2100 McKinney).

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Re: KDC & Miyama Project - 30 ST

Postby cowboyeagle05 » 10 Nov 2021 09:18

Valid point ;)
“Growth for the sake of growth is the ideology of the cancer cell”

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Re: KDC & Miyama Project - 30 ST

Postby lakewoodhobo » 13 May 2022 07:20

Developer KDC is ready to build with backing of new partners
https://www.dallasnews.com/business/rea ... -partners/

TLF4U6WEWRHQNCIWYBFG5U463U.jpg


KDC has built North Texas corporate campuses for clients including Toyota, JPMorgan Chase, State Farm Insurance and Pioneer Natural Resources. Now the developer is pivoting to also do multitenant office projects in Uptown Dallas, Plano, Frisco and Richardson.

One of the projects KDC is eyeing is a 30-story high-rise in Dallas’ Uptown district. The Parkside Uptown tower is planned at Woodall Rodgers Freeway and Harwood Street and will have almost 500,000 square feet of space.

KDC has pulled the project to the front burner given the recent strong office leasing activity in the area north of downtown Dallas.
“We’ve been sending proposals out on it, and there is good activity,” KDC senior vice president Aarica Mims said. “Parkside Uptown offers something different from the competition.

“It’s really the last development site on Klyde Warren Park.”

Also in Uptown, KDC hopes to start construction soon on a development that will include a residential tower, offices and a Central Market grocery store. The McKinney Avenue project has been in the works for several years.
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Re: KDC & Miyama Project - 30 ST

Postby Tnexster » 13 May 2022 09:52

Good news, I was a little concerned this one would get dropped. Hate to sound like a broken record but better this than Hillwood. Maybe if enough of these new towers competing for tenants get going Hillwood will be forced to alter their plans.

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Re: KDC & Miyama Project - 30 ST

Postby rono3849 » 14 May 2022 16:43

kdc.parkside (1).jpg


I hope they'll be able to break ground before year's end. The supply chain problems have really hampered construction on many levels. I suspect this one might have a little more height than a hotel or condo building. Too bad they didn't shoot for 35 stories. I wonder if this will impact the Field District's plans to begin construction this year? I think the Hunt Development project will break ground if and when they get the commitment from Goldman Sachs.
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Re: KDC & Miyama Project - 30 ST

Postby NdoorTX » 09 Dec 2022 01:50

Just a few photos from a collaborating architecture firm. I hope this is still going forward.


Image


Image


Image

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Kelley USA
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Re: KDC & Miyama Project - 30 ST

Postby Kelley USA » 10 Feb 2023 11:47


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Re: KDC & Miyama Project - 30 ST

Postby kingkong34 » 10 Feb 2023 12:39

About time!

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Re: KDC & Miyama Project - 30 ST

Postby potatocoins » 10 Feb 2023 12:45

Haha, agreed. Given how prime this location is, I'm surprised this took as long as it did. Glad to see this moving forward though!

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Re: KDC & Miyama Project - 30 ST

Postby CTroyMathis » 10 Feb 2023 13:42

Parking 7 levels below ground AND 10 levels above ground. Just wow.

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Re: KDC & Miyama Project - 30 ST

Postby Theluistorres » 10 Feb 2023 14:10

Per the rendering it looks like they’ll have the above ground portion covered up with a screen and some type of facade..Not my favorite but heck! I’ll take it. Hope to see a crane up soon!

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Re: KDC & Miyama Project - 30 ST

Postby dallaz » 10 Feb 2023 17:10

Here’s the video animation

Not sure if this was ever posted. It’s from August 2022

It really gives that portion of the Uptown skyline some height. Since mainly everything is within the same height range.

https://youtu.be/VPb9w_2obUg

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Re: KDC & Miyama Project - 30 ST

Postby R1070 » 10 Feb 2023 18:40


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Re: KDC & Miyama Project - 30 ST

Postby rickbansal » 11 Feb 2023 08:51

Looks like a very nice addition. Any idea on the overall height?

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Re: KDC & Miyama Project - 30 ST

Postby dallaz » 11 Feb 2023 09:24

^^^450 ft

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Re: KDC & Miyama Project - 30 ST

Postby Semper454 » 11 Feb 2023 11:42

Pray pray pray they take ground-floor retail seriously in this building. The canyons of parking garages in between KWP and Uptown are one of the biggest wasted opportunities in the whole city.

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Re: KDC & Miyama Project - 30 ST

Postby Tnexster » 14 Feb 2023 09:57

Semper454 wrote:Pray pray pray they take ground-floor retail seriously in this building. The canyons of parking garages in between KWP and Uptown are one of the biggest wasted opportunities in the whole city.


Looks like they are planning some kind of ground floor restaurant space near the entrance.

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Re: KDC & Miyama Project - 30 ST

Postby LongonBigD » 14 Feb 2023 14:49

I read in some piece 8,000 sq ft retail. It stuck out to me because they sounded like they were bragging about that amount.

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Re: KDC & Miyama Project - 30 ST

Postby rono3849 » 14 Feb 2023 18:28

LongonBigD wrote:I read in some piece 8,000 sq ft retail. It stuck out to me because they sounded like they were bragging about that amount.


I'd bet that the lower level would wind up being a restaurant since it is right across from Klyde Warren Park.

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby Zmitz » 27 Mar 2023 13:04

According to a “Trust Me Bro” source with extensive industry knowledge, this project is ~40% anchored but is still struggling to get bank financing. This will probably be a common story for any office projects right now.

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby RodB » 30 May 2023 13:06

https://www.tdlr.texas.gov/TABS/Search/ ... 2023011540

This was scheduled to start two weeks ago on May 15th. Has any prep work started yet or is this another dead project?

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby DFW » 30 May 2023 15:05

Have they razed any buildings yet? I thought a small banks building with a Dr e was still standing,

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby CTroyMathis » 30 May 2023 17:18

No notable changes to the site as of last Friday. I didn't walk by it today.

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby rono3849 » 30 May 2023 22:12

CTroyMathis wrote:No notable changes to the site as of last Friday. I didn't walk by it today.


I suspect the banks would be hard pressed to lend money for this development or any other Downtown Dallas office developments unless they have signed commitments from companies willing to lease space upon completion. I also think any new construction on residential towers would be tough to get lending money for with all of the towers being converted to residential apartments. There is certainly going to be a market glut Downtown. There are not enough companies Downtown to support these new residential conversions.

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby tamtagon » 30 May 2023 22:41

It's okay to commute to Las colinas or Plano while living downtown. Even makes downtown an easier place to live. The train is almost an option.

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby rono3849 » 31 May 2023 18:07

tamtagon wrote:It's okay to commute to Las colinas or Plano while living downtown. Even makes downtown an easier place to live. The train is almost an option.


DART has become a security nightmare. It's not safe anymore. Sadly, the number of DART officers are no longer on the trains and the crime has increased. Several people that I know have quit riding DART due to the menacing threat of crime and violence now. Who needs that in your life?

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby I45Tex » 31 May 2023 18:31

You mean lowering taxes and opening gun carry doesn't accomplish everything that a police presence does? /s

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby Tivo_Kenevil » 03 Jun 2023 11:20

rono3849 wrote:
CTroyMathis wrote:No notable changes to the site as of last Friday. I didn't walk by it today.


I suspect the banks would be hard pressed to lend money for this development or any other Downtown Dallas office developments unless they have signed commitments from companies willing to lease space upon completion. I also think any new construction on residential towers would be tough to get lending money for with all of the towers being converted to residential apartments. There is certainly going to be a market glut Downtown. There are not enough companies Downtown to support these new residential conversions.


Disagree with you on the residential... Downtown Dallas has proven to be a pretty good sub market for residential. I fully expect more of this.

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby lakewoodhobo » 03 Jun 2023 17:35

Tivo_Kenevil wrote:Downtown Dallas has proven to be a pretty good sub market for residential. I fully expect more of this.


So true.

I worked downtown from 2006-2020 and it's amazing how the concept of living downtown went from niche (and heavily subsidized) to not enough supply, in such a relatively short time.

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby CTroyMathis » 03 Jun 2023 21:08

Indeed, residential within the highway loop of what we call downtown (without expanding to nearby outside the immediate loop) is not remotely a problem perceived or manufactured (rental). It will keep coming along, probably not as fast as some like me would like. Bring it on, make it rental - this is fine. The only thing most people will complain about is the management at any residential place. What people will complain about mostly is what is going on along the streets nearby such as if their dog can pee or some other thing. Of course, it would be nice to get all of the prices down quite a bit, but, that's a separate issue at all moments in time. Working some things in later is what we all have to be a part of if possible. To get the price to come down is an obvious given, and, to get it for more rooms than just a studio or 1BR at somewhere near the same current price point.

As far as Parkside goes, I know they have every indication that it will be an office tower first. The second tower, while optional, it'd be great whether or not office or m/u. That property is so sky-high, residential-only would probably be ridiculous. And, one could say good, do it - less land for the same in high-dollar SFH somewhere else. But, I say let them just do whatever here and the land that is old Spire, make it heavy medium-height Amsterdam residential/very-light-commercial. (Different developers) Free for SimCity-esque DMs for more info. : D

Watch the greater Maple Avenue corridor for the next 20 years. All the way west until it runs out. . .

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby tamtagon » 03 Jun 2023 21:53

Smartphones desecrated thoughtful comments to old age forums like this, Troy, u on desktop for all that?

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby CTroyMathis » 03 Jun 2023 22:01

Yeah. Lol. Actually, it's on my tv which is kinda big. Find me at my Speakeasy. :D

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby rono3849 » 05 Jun 2023 15:10

I believe the second tower was primarily going to house a hotel. There maybe some residential and office components as well. The second tower is planned to be built well down the road after the first tower is completed. They can cancel the second tower or make changes of course....heck, they can cancel the whole development too.

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby Tucy » 05 Jun 2023 15:18

Rono's post spurred me to take a look at the original announcement of this project (in January 2020). The closing of the article:

'The Uptown Dallas building is KDC’s third office project in the works in central Dallas.
Just east of downtown in Deep Ellum, KDC and partner Westdale just began construction on a 23-story office building that will house thousands of Uber workers.
And on McKinney Avenue in Uptown, KDC will break ground soon on a high-rise that will include offices, a Central Market grocery store and additional retail."

If there's any life remaining in the Parkside proposal, we should be due for another DMN puff piece pretty soon.

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby RodB » 16 Aug 2023 15:35

This project was scheduled to start in May '23. Any news? Is it dead or is it on life support?

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Re: Uptown Dallas: Parkside Uptown (Miyama) (~30 ST)

Postby Dallas_Uptown » 17 Aug 2023 15:05

No DMN puff pieces in the last 6 months...hmm.

Message me when (if) they break ground.