Cypress Waters

[vman]

^^
Looks like it was a really good turnout, especially in a development I consider somewhat isolated and under the radar.

[Kelley USA]

Drove through here on Sunday. Really impressive! Got out and walked The Sound. The restaurants are looking good. High-quality tenants with some great build-outs. I wonder if they have any plans to add a hotel to the mix? I can see a business class hotel on the water, perhaps a Marriott or Hilton or really cool boutique hotel. Something with conference space. With all the Corporate offices in this development I think it would make sense. Could have a great pool area that overlooks the lake, and there are plenty of restaurants that visitors could walk to.

[muncien]

Drove through here on Sunday. Really impressive! Got out and walked The Sound. The restaurants are looking good. High-quality tenants with some great build-outs. I wonder if they have any plans to add a hotel to the mix? I can see a business class hotel on the water, perhaps a Marriott or Hilton or really cool boutique hotel. Something with conference space. With all the Corporate offices in this development I think it would make sense. Could have a great pool area that overlooks the lake, and there are plenty of restaurants that visitors could walk to.

Funny you mention this. I have thought the same thing, but never seen any mention of it on the master plan. While at Ascension the other day, I did overhear mention of a hotel coming from a conversation at the neighboring table. They were some industry folks, but based on some of the other information offered, I don't think they really know what they're talking about, so I wouldn't read much into it. *** I know... I was being creepy... my bad ***
But it does seem like a no-brainer.

Also last week, I saw some cores being drilled on the site of the proposed 10-story building. I'll have to keep an eye on that one.

All restaurants are supposed to be 'officially' open by Thursday. I think they all made it in time for the grand opening (not sure about Eno's), but today and tomorrow are demo days only... for most.

[itsjrd1964]

There was a SpringHill Suites due to come to a spot by/near Belt Line/Hackberry but that project seems to have stalled. The property isn't on Marriott's online coming-soon list either. So far, the only close hotel with conference space is the Four Points-Sheraton on the west side of Belt Line. I don't know of any other planned hotels in that vicinity except the Tru by Hilton going in just north of the Four Points.

[muncien]

There was a SpringHill Suites due to come to a spot by/near Belt Line/Hackberry but that project seems to have stalled. The property isn't on Marriott's online coming-soon list either. So far, the only close hotel with conference space is the Four Points-Sheraton on the west side of Belt Line. I don't know of any other planned hotels in that vicinity except the Tru by Hilton going in just north of the Four Points.

That SpringHill site is a total dump. I know it's not technically a part of Cypress Waters, but it sits on it's doorstep. I am certain that Billingsly doesn't appreciate the mess of weed covered PVC pipe sticking out of the ground among knocked over porta-potties as the first impression of many visitors. I haven't seen any work on that side for months.

[Kelley USA]

On another note, the Point West shopping center going up just on the other side of Beltline seems to be coming along. They've already announced Panera Bread and Dunkin Donuts as tenants, along with Great Clips and a Mexican restaurant.

[Kelley USA]

The first of 3 new building for Cypress Waters will kick off this Spring. Up next will be this 10 story office building. These will go up on the opposite side of the sound. Renderings seem to show perhaps a few more restaurants will be added to that side as well. Nice little slideshow on the link:

https://www.bizjournals.com/dallas/news ... g/462911/1

[muncien]

The first of 3 new building for Cypress Waters will kick off this Spring. Up next will be this 10 story office building. These will go up on the opposite side of the sound. Renderings seem to show perhaps a few more restaurants will be added to that side as well. Nice little slideshow on the link:

https://www.bizjournals.com/dallas/news ... g/462911/1

Very cool. They have just about completed the multi-use path along that side, almost all the way to the dam. It isn't officially open yet, but it's effectively done. It'll be cool to watch something of size (and not tilt-wall) go up. This place just seems to grow non-stop. They've also been doing some clearing along the Northwest corner of the development as well (heading N on Beltline towards the proposed train station). Not sure if they plan on building there soon, though...

[vman]

Very cool. They have just about completed the multi-use path along that side, almost all the way to the dam. It isn't officially open yet, but it's effectively done. It'll be cool to watch something of size (and not tilt-wall) go up. This place just seems to grow non-stop. They've also been doing some clearing along the Northwest corner of the development as well (heading N on Beltline towards the proposed train station). Not sure if they plan on building there soon, though...

I really love this development. I hate to say it, but I'm liking it more than Las Colinas' Urban Center. The main issue I have with Cypress Waters is all the surface parking lots. But if more retail is continually added, this area is really going to be something!!

[Tnexster]

There are taller than I had expected here, good to see some height.

[Kelley USA]

Cypress Waters lands another tenant- BNSF Logistics - 50K sq ft...

https://www.dallasnews.com/business/rea ... ig-tenant/

[muncien]

Cypress Waters lands another tenant- BNSF Logistics - 50K sq ft...

https://www.dallasnews.com/business/rea ... ig-tenant/

This article states that 3200 Olympus is now 80% leased. But Billingsly's website shows it at 100%. I wonder what gives.

[Kelley USA]

Looks like 7-11 has leased about 3K sf for a convenience store at The Sound. Looks like it'll be right next door to Ascension Coffee.

[muncien]

Looks like 7-11 has leased about 3K sf for a convenience store at The Sound. Looks like it'll be right next door to Ascension Coffee.

That's good to hear... I was stoked to hear about their little self serve store just steps away, but only folks in that building and certain office buildings were given a FOB to access it. Glad to see a more accessible version.