Cityplace East: ACS/Xerox redevelopment (The Central)

cowboyeagle05
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Re: Cityplace East: ACS/Xerox redevelopment

Postby cowboyeagle05 » 11 Nov 2021 14:20

I imagine its good for the resale value of the properties too if they can show the FAA has previously approved the property for taller structures.
“Growth for the sake of growth is the ideology of the cancer cell”

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zblevinz555
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Re: Cityplace East: ACS/Xerox redevelopment

Postby zblevinz555 » 12 Nov 2021 22:11

41 feet shorter than cityplace. I’ll take it. That area needs more volume and density. Sounds like every residential option will require u to fill out who u bank with, ur ABA/routing #,along with ur SSN on the application. Aside from that I think it’ll be a catalyst for more projects in that area, hoping they cover up that ugly cityplace tower.

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I45Tex
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Re: Cityplace East: ACS/Xerox redevelopment

Postby I45Tex » 15 Nov 2021 12:28

Side tangent re: that part of the city. The details were lacking so I’m glad Cityplace didn’t become a 1980s Rockefeller Center as planned.

But even if the lone survivor, Cityplace tower, would have some weaknesses as a piece of monumental sculpture, it’s a cliff face that I sure enjoy in street views.

FE12FD29-7227-450F-A3DD-862B0E4A81CE.jpeg


97A686A8-83B8-41FA-A75B-F7F7A2E3A530.jpeg
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THRILLHO
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Re: Cityplace East: ACS/Xerox redevelopment

Postby THRILLHO » 15 Nov 2021 15:18

zblevinz555 wrote:Aside from that I think it’ll be a catalyst for more projects in that area, hoping they cover up that ugly cityplace tower.

I actually like the cityplace tower, it's only problem is the visibility of the window curtains makes it look ridiculous. I assume it would be prohibitively expensive to adequately tint that much glass, but the curtains give it an abandoned look, as if some of the windows are punched out or that some are boarded up.
I still would have liked to see that original twin tower get built.

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kingkong34
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Re: Cityplace East: ACS/Xerox redevelopment

Postby kingkong34 » 16 Nov 2021 11:47

I wonder if they will open that Dart stop up to the public if they add onto the Central. It would draw traffic into the area, especially with West Village being a walk across the highway. CityPlace can't hog that stop up forever.

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Re: Cityplace East: ACS/Xerox redevelopment

Postby cowboyeagle05 » 16 Nov 2021 14:10

It has a door to the public but is that closed for some reason like constriction or covid?
“Growth for the sake of growth is the ideology of the cancer cell”

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CTroyMathis
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Re: Cityplace East: ACS/Xerox redevelopment

Postby CTroyMathis » 22 Mar 2022 16:27

StreetLights portion it seems:

https://www.tdlr.texas.gov/TABS/Search/ ... 2022014633

Code: Select all


PROJECT

Project Name:
    The Central
Project Number:
    TABS2022014633
Facility Name:
    The Central
Location Address:
    2828 North Haskell Avenue
    Dallas, TX 75204
Location County:
    Dallas

Start Date:
    6/30/2022
Completion Date:
    5/31/2025
Estimated Cost:
    $109,079,491
Type of Work:
    New Construction
Type of Funds:
    This project is privately funded, on private land for private use.
Scope of Work:
    Concrete tower located at Haskell Ave and Central Expy next to Cityplace and West Village in Dallas. The site consists of 351 multifamily units and a leasing office with 470K gross sq ft. Project also has a retail component with 3.6K gross sq ft.
Square Footage:
    326,001 ft 2

Are the private funds provided by the tenant?
    No

Current Status:
    Project Registered

PERSON FILING FORM

Contact Name:
    Leslie Pitts

RAS

RAS Name:
    GEORGE K,GRIMES
RAS #:
    49
RAS Address:
    5808 ROYAL CLUB DR
    ARLINGTON, TX 76017
RAS Phone:
    (817) 915-8484

OWNER

Owner Name:
    Urban Smart Growth, LP and Central Carroll Interests, LLC
Owner Address:
    4514 Cole Avenue Suite 1100
    Dallas, Texas 75205
Owner Phone:
    (214) 750-7688
Contact Name:

TENANT

Not Assigned
DESIGN FIRM

Design Firm Name:
    StreetLights Creative Studio, LLC
Design Firm Address:
    2300 North Field Street Suite 800
    Dallas, Texas 75201
Design Firm Phone:
    (214) 922-1140

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dallaz
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Re: Cityplace East: ACS/Xerox redevelopment

Postby dallaz » 22 Mar 2022 16:38

CTroyMathis wrote:StreetLights portion it seems:

https://www.tdlr.texas.gov/TABS/Search/ ... 2022014633

Code: Select all


PROJECT

Project Name:
    The Central
Project Number:
    TABS2022014633
Facility Name:
    The Central
Location Address:
    2828 North Haskell Avenue
    Dallas, TX 75204
Location County:
    Dallas

Start Date:
    6/30/2022
Completion Date:
    5/31/2025
Estimated Cost:
    $109,079,491
Type of Work:
    New Construction
Type of Funds:
    This project is privately funded, on private land for private use.
Scope of Work:
    Concrete tower located at Haskell Ave and Central Expy next to Cityplace and West Village in Dallas. The site consists of 351 multifamily units and a leasing office with 470K gross sq ft. Project also has a retail component with 3.6K gross sq ft.
Square Footage:
    326,001 ft 2

Are the private funds provided by the tenant?
    No

Current Status:
    Project Registered

PERSON FILING FORM

Contact Name:
    Leslie Pitts

RAS

RAS Name:
    GEORGE K,GRIMES
RAS #:
    49
RAS Address:
    5808 ROYAL CLUB DR
    ARLINGTON, TX 76017
RAS Phone:
    (817) 915-8484

OWNER

Owner Name:
    Urban Smart Growth, LP and Central Carroll Interests, LLC
Owner Address:
    4514 Cole Avenue Suite 1100
    Dallas, Texas 75205
Owner Phone:
    (214) 750-7688
Contact Name:

TENANT

Not Assigned
DESIGN FIRM

Design Firm Name:
    StreetLights Creative Studio, LLC
Design Firm Address:
    2300 North Field Street Suite 800
    Dallas, Texas 75201
Design Firm Phone:
    (214) 922-1140


High-rise apartments planned for $2.5 billion Dallas mixed-use project

StreetLights Residential, which has constructed more apartment towers in Dallas than any other builder, would start work on The Central tower as early as this summer, according to planning documents filed with the state.

The 351-unit residential tower would open in 2025 and cost more than $109 million.

https://www.dallasnews.com/business/rea ... e-project/

The project would be the first high-rise in the development.

StreetLights Residential representatives said they plan a formal announcement of the project in the next 90 days.

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Tivo_Kenevil
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby Tivo_Kenevil » 22 Mar 2022 19:48

With Streetlight Residential now onboard you know this will get done.
Now we wait De La Vegas next move. I wonder if they scaled back their Office plans, as i believe was previously reported. If anything we need more rental units in the city.

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IcedCowboyCoffee
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby IcedCowboyCoffee » 23 Mar 2022 14:53

The proposed park plan looks pretty decent:
park_central.JPG
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zblevinz555
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby zblevinz555 » 24 Mar 2022 01:27

With the labor and material shortage in the construction industry I can’t see this at full build out or it will just be a really long time. Tons of prospects that want to relocate but there’s no where to put them. I get most all of these project proposals are just advertisements I’m just hoping demand will still be in place once the labor and supply rebound

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Tucy
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby Tucy » 24 Mar 2022 14:12

zblevinz555 wrote: Tons of prospects that want to relocate but there’s no where to put them.


If you are referring to corporate relocation prospects, there is no shortage of places to put them. According to CBRE, there is more than 65 Million square feet of office space available in the DFW metro area, with another 4.5 Million square feet under construction. For a point of reference, that gives us enough room to relocate the entire office-space workforce of the Minneapolis-St Paul metro area, with a little room to spare.

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tamtagon
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby tamtagon » 24 Mar 2022 14:51

^statistics like that really show how massive the Metroplex has become.

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zblevinz555
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby zblevinz555 » 24 Mar 2022 15:25

Tucy wrote:
zblevinz555 wrote: Tons of prospects that want to relocate but there’s no where to put them.


If you are referring to corporate relocation prospects, there is no shortage of places to put them. According to CBRE, there is more than 65 Million square feet of office space available in the DFW metro area, with another 4.5 Million square feet under construction. For a point of reference, that gives us enough room to relocate the entire office-space workforce of the Minneapolis-St Paul metro area, with a little room to spare.


Lol I know I remembered that right after I submitted the post.

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby cowboyeagle05 » 29 Mar 2022 14:14

Tivo_Kenevil wrote:With Streetlight Residential now onboard you know this will get done.
Now we wait De La Vegas next move. I wonder if they scaled back their Office plans, as i believe was previously reported. If anything we need more rental units in the city.



I wouldn't put it that way at all. The inexperienced large project developer here Delavega is selling off parcels to keep afloat. Both JPI and Streetlights are building where ever they can get cheap enough land without fighting the city or having to assemble other parcels and Streetlights knows just like JPI they can overcharge for rent while marketing the theoretical future of the rest of the site as a selling point to renters. Remember Streetlights already had a project on Lemmon and Oaklawn ready but the constant fighting with the Oak Lawn Committee and neighborhood groups makes for a constant hassle for many developers they may just never build on that option. Here they can build, lease up, and flip the property to out-of-state investors without dealing with those issues. Overall getting the site developed is a good thing I agree but this is just Delavega making sure he doesn't lose the whole site but instead selling off parcels to developers that have the construction loans check in hand. Overall I still think it's good news but it does not guarantee the larger project has been endorsed or on track.
“Growth for the sake of growth is the ideology of the cancer cell”


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R1070
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby R1070 » 09 May 2022 20:49

Is this the apt building that was said to start next to the midrise apt building?

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Tivo_Kenevil
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby Tivo_Kenevil » 10 May 2022 08:05


225 ft? So like 20 stories... The ol Dallas special

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Cbdallas
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby Cbdallas » 10 May 2022 10:03

I think I have given up on seeing any supertalls in Dallas and maybe even mid talls.

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rono3849
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby rono3849 » 10 May 2022 17:03

Cbdallas wrote:I think I have given up on seeing any supertalls in Dallas and maybe even mid talls.


If the Hunt Properties development ever breaks ground, we'll see a supertall, but I think 40 to 45 stories appears to be the maximum Dallas standard for this era.

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R1070
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby R1070 » 10 May 2022 19:30

Dallas has a lot of land to build on still. You typically have to start building up higher when the land becomes more scarce, like what we are seeing in DT Austin. Sometimes developers build tall for decorative reasons, like a lot of the buildings you see in Atlanta with ornamental tops, but the actual building floor counts aren't that high.

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vman
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby vman » 11 May 2022 07:28

R1070 wrote: like a lot of the buildings you see in Atlanta with ornamental tops, but the actual building floor counts aren't that high.

You're right, Atlanta developers definitely like to crown their buildings!!

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rono3849
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby rono3849 » 11 May 2022 11:37

vman wrote:
R1070 wrote: like a lot of the buildings you see in Atlanta with ornamental tops, but the actual building floor counts aren't that high.

You're right, Atlanta developers definitely like to crown their buildings!!


So true. When I visited Atlanta recently, I was struck by how many of their buildings had elaborate tops with domes, pyramids, columns, and other kinds of ornamental embellishments. I wish Dallas had some of that flair to their buildings too. I also visited Charlotte on the same trip and loved their use of sculptures and art on their streets. Their Downtown was beautiful. Dallas should do the same. It made the Downtown urban experience that much nicer and pedestrian friendly.

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zblevinz555
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby zblevinz555 » 11 May 2022 15:29

Not trying to get political but my question is as a whole not just this project as I lack knowledge on these sorts of things but with possibly a potential recession looming how might that impact these proposed projects? Would everything stall like it did with covid? This is if we even have a recession

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rono3849
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby rono3849 » 11 May 2022 16:27

zblevinz555 wrote:Not trying to get political but my question is as a whole not just this project as I lack knowledge on these sorts of things but with possibly a potential recession looming how might that impact these proposed projects? Would everything stall like it did with covid? This is if we even have a recession


Great question. If we go into a recession, I expect all of the proposed buildings will be frozen in amber. The economy is teetering now and if things go in the tank, I suspect all bets are off. This economic situation is becoming a crisis now and without any leadership, the country is in a mess.

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Tucy
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby Tucy » 11 May 2022 17:29

If nothing else, it would give us a handy excuse.

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zblevinz555
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby zblevinz555 » 11 May 2022 17:48

rono3849 wrote:
zblevinz555 wrote:Not trying to get political but my question is as a whole not just this project as I lack knowledge on these sorts of things but with possibly a potential recession looming how might that impact these proposed projects? Would everything stall like it did with covid? This is if we even have a recession


Great question. If we go into a recession, I expect all of the proposed buildings will be frozen in amber. The economy is teetering now and if things go in the tank, I suspect all bets are off. This economic situation is becoming a crisis now and without any leadership, the country is in a mess.


Thanks. I hear you. Just a pathetic situation. That’s all I’m gonna say about it

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potatocoins
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby potatocoins » 11 May 2022 18:17

This feels like it could be worse than what happened during 2020. Don't get me wrong, 2020 definitely seemed bleak, unprecedented, and highly uncertain. However, I feel like things rebounded quicker than expected (and quicker than they should have).

I'm not really sure what to expect here, but it doesn't look good. We definitely enjoyed quite a strong economy and a lot of growth in the DFW area for the last couple of decades.

I've always wondered how we would fare during a national recession, and I guess I'm about to find out. A part of me was thinking that this may just encourage even more companies and people to leave the more expensive cities and relocate to Texas, meaning we would fare better than other parts of the country.

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby cowboyeagle05 » 12 May 2022 12:00

We have already been through several recessions in Dallas. It was not built yesterday even though parts of DFW were. DFW has always faired well in a recession due to our diverse economy and not being too trendy or too off-trend when it comes to most industries. I think some of what we are seeing in Dallas right now is just investors knowing that even if a recession hits Dallas/Fort Worth is still a better bet than many markets.

I also see way too many people flip back and forth on the economic outlook to consider anything settled. I see the signs everyone else is as a layman but I think it easier particularly on a forum like this to jump on the everything is crap time to give up mantra than it is to plow over the mountain top. I will use a famous phrase used by drag queens constantly they are praying for my downfall. I am not saying anyone is happy to see a downturn just that the natural inclination is to predict its downfall over let's say a plateau or mild growth or wobbly progress etc.

As for this development, I am happier the master developer here is giving way to developers who are ready with funding for development rather than waiting on some mythical office tenant that will choose an unknown Dallas developer. The Master Developer is just letting residential developers do what they do best while he waits for his unicorn. IF the unicorn never materializes the developer will sell off the land and we are more likely to get more urban-style projects here than strip centers hopefully.
“Growth for the sake of growth is the ideology of the cancer cell”

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dallaz
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby dallaz » 16 May 2022 11:04

Developers seek approvals for high-rise north of downtown

https://www.dallasnews.com/business/rea ... utType=amp

Dallas apartment builder StreetLights Residential is seeking zoning to build a more than 20-story in the project.

More than 20 stories?

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R1070
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby R1070 » 16 May 2022 12:27

Pretty sure this is the tower that's supposed to go up near the mid-rise apartments.

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby rono3849 » 16 May 2022 13:21

central.development.jpg


This development will certainly have its own skyline. One or two of those buildings look like they are at least 40-story towers.
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dallaz
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby dallaz » 16 May 2022 14:54

R1070 wrote:Pretty sure this is the tower that's supposed to go up near the mid-rise apartments.

It is. I just don’t remember it being taller than 20 stories.

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R1070
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby R1070 » 16 May 2022 16:02

dallaz wrote:
R1070 wrote:Pretty sure this is the tower that's supposed to go up near the mid-rise apartments.

It is. I just don’t remember it being taller than 20 stories.


Yea, I was thinking more in the 18-20 height.

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dallaz
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby dallaz » 16 May 2022 16:52

R1070 wrote:
dallaz wrote:
R1070 wrote:Pretty sure this is the tower that's supposed to go up near the mid-rise apartments.

It is. I just don’t remember it being taller than 20 stories.


Yea, I was thinking more in the 18-20 height.

Same here. I wonder is it a typo or is the new tower now a little taller?

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby willyk » 16 May 2022 23:12

Seeing this go up without the Sam’s Club is very telling. So many others can do mixed use in an urban setting— Kroger, Tom Thumb, Whole Foods and Central Market. But Walmart could only envision a strip center that captured 10% of the value of this site, and nothing else. So they walked away from it.

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby cowboyeagle05 » 17 May 2022 18:11

Walmart/Sams doesn't care about density they care about dominating the grocery market and their target customer owns an SUV or Truck and wants to park in a giant lot, load up with cheap stuff and get out without dealing with parking garages/escalators etc. This store was always about Sam's getting one of their bulk stores in the city center so they didn't lose the urban market to the Costco or Krogers, Tom THumbs, Sprouts even. It was never that urban development wouldn't work here it was about Sam's club wanting to hold back the other brands. Sams was willing to pay the high price for the land too if Trammel Crow could get it apporved.
“Growth for the sake of growth is the ideology of the cancer cell”

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby Tivo_Kenevil » 17 May 2022 18:43

cowboyeagle05 wrote:Walmart/Sams doesn't care about density they care about dominating the grocery market and their target customer owns an SUV or Truck and wants to park in a giant lot, load up with cheap stuff and get out without dealing with parking garages/escalators etc. This store was always about Sam's getting one of their bulk stores in the city center so they didn't lose the urban market to the Costco or Krogers, Tom THumbs, Sprouts even. It was never that urban development wouldn't work here it was about Sam's club wanting to hold back the other brands. Sams was willing to pay the high price for the land too if Trammel Crow could get it apporved.


Very true. There's not even Sam's Club's in NYC.
What's telling is that Trammel crow was willing to go with the stupid plan, and after it fell through, they gave up entirely on the property.

They had no vision and or interest on a premiere site in their own backyard. Tells you a lot about how awful they went about lying and manipulating the public.

They walked away with their tail tucked in behind their hind legs.

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby cowboyeagle05 » 17 May 2022 19:40

Yeah, they could have easily done more than this developer is doing because they have the Trammel Crow name but after losing the Sams' Club battle they needed to back away entirely. This property associated with that developer had a stench that was better solved by unloading the land to a developer they could blame inaction on the city and naysayers in the community. I guarantee Trammel Crow the development company is pointing at this development as a failure because it's not already sky-high and that their plan would have brought jobs and shopping to the city center blah blah blah. The whole leaning tower thing I am sure they also tried to use as an embarrassing sign that their giant parking lot and drive-thrus would have been a better plan than what's happening now.
“Growth for the sake of growth is the ideology of the cancer cell”

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby zblevinz555 » 23 May 2022 13:13

cowboyeagle05 wrote:Yeah, they could have easily done more than this developer is doing because they have the Trammel Crow name but after losing the Sams' Club battle they needed to back away entirely. This property associated with that developer had a stench that was better solved by unloading the land to a developer they could blame inaction on the city and naysayers in the community. I guarantee Trammel Crow the development company is pointing at this development as a failure because it's not already sky-high and that their plan would have brought jobs and shopping to the city center blah blah blah. The whole leaning tower thing I am sure they also tried to use as an embarrassing sign that their giant parking lot and drive-thrus would have been a better plan than what's happening now.



Random question. And this is for everyone that wants to answer cause I obviously lack knowledge on this forum and this general industry. But with the knowledge everyone brings to this forum, I have a simple question. Based on gut feeling, or you jus flat out know or don’t know, do anyone on this forum thinks Dallas will build a 700’ plus skyscraper in the next decade? I just don’t know what to believe with all of these projects announced/proposed.

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eburress
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby eburress » 23 May 2022 14:04

No. Not a chance.

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zblevinz555
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby zblevinz555 » 23 May 2022 14:09

eburress wrote:No. Not a chance.


I like how the field st development article was posted at the same time I asked the question. Odd

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mhainli
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby mhainli » 23 May 2022 14:48

A 700’ tower is going to run into FAA height issues unless it’s downtown or perhaps near Victory Park. One proposed project is at the Jefferson at the North End site where an 80 story building is mentioned but don’t think they’ve submitted anything to the FAA. Highly doubt a 700’ tower would get approved there, so that leaves downtown. The proposed Rohr development (Ross and Route) has a 40 (?) story building, but not sure of the heighth…

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RodB
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby RodB » 23 May 2022 15:29

If city hall and the mayor made it a priority and offered incentives to developers, then maybe so. It may take a developer from another city to do it. I don't have much faith in the Dallas developers.

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potatocoins
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby potatocoins » 23 May 2022 18:07

I could see there being enough demand in the Uptown or Knox area (in the next decade) to justify a tower that tall, but it sounds like that area would be restricted on how tall they can build? Those are the only two areas I can think of that are already decently dense, have high demand, and not as much land to re-develop.

Perhaps we may see something in Victory Park that tall? I don't know what the long term plan for the AAC is, but if something newer gets built in another area and the existing stadium is razed, I could see this becoming quite the walkable neighborhood.

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby CTroyMathis » 23 May 2022 18:35

I have a good feeling anything over 921' will have to be in the direction of The Cedars in a straight line from BofA Plaza. Or, basically in the opposite direction of DAL. But, there could still be some "stray" exceptions specifically within the center city for something close to it, though, not as far away.

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dallaz
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby dallaz » 06 Jul 2022 19:18


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DFW
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby DFW » 06 Jul 2022 22:04

“Next month start” is this for real, that will be the day.

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malachi896
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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby malachi896 » 06 Jul 2022 23:38

Only the Streetlight tower will start next month. Actually a high probability of that one as they have a ~20 floor sweet spot that they rinse and repeat and have successfully pulled off in Dallas multiple times. Who knows about the remaining portions of the project.

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Re: Cityplace East: ACS/Xerox redevelopment (The Central)

Postby cowboyeagle05 » 07 Jul 2022 00:52

Screenshot of the site plan from the video that marks the Phase 1 plan in green lower level. I am guessing he just needs that one office tenant to sign a lease to get the office and hotel tower pictured in Phase 1.
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