El Fenix site

[dallaz]

The whole enchilada: El Fenix's landmark Uptown Dallas property is for sale

https://www.dallasnews.com/business/rea ... perty-sale

[exelone31]

The whole enchilada: El Fenix's landmark Uptown Dallas property is for sale

https://www.dallasnews.com/business/rea ... perty-sale

That would be pretty huge if this site gets redeveloped into something mixed use a la The Union. It wouldn't be something with a grocery store obviously, but mixed use with boatloads of residential/restaurants/retail.

This also presents an interesting environment for the North End Apartments. If the El Fenix site goes for a pretty penny, at what point to the property owners think about selling?

[CRE_Investor]

The whole enchilada: El Fenix's landmark Uptown Dallas property is for sale

https://www.dallasnews.com/business/rea ... perty-sale

That would be pretty huge if this site gets redeveloped into something mixed use a la The Union. It wouldn't be something with a grocery store obviously, but mixed use with boatloads of residential/restaurants/retail.

This also presents an interesting environment for the North End Apartments. If the El Fenix site goes for a pretty penny, at what point to the property owners think about selling?

North End isn't going to sell, but it will be redeveloped by its current owner and likely a developer partner. The plan has been to operate as is and wait for this area of Uptown to fill in, so it's playing out to perfection. The property is 11 acres and can be redeveloped in phases or all at once, and given its size and location it will be the crown jewel of Downtown/Uptown/Victory whenever it happens.

[Matt777]

Isn't the Meso Maya building landmarked? It looks quite old and I think was the Luna Tortilla factory if I'm not mistaken. Hopefully they can build around it since the parcel with the parking lot is quite large.

[Tivo_Kenevil]

Isn't the Meso Maya building landmarked? It looks quite old and I think was the Luna Tortilla factory if I'm not mistaken. Hopefully they can build around it since the parcel with the parking lot is quite large.

I hope so too. It's really the last vestige of little Mexico

[DPatel304]

Isn't the Meso Maya building landmarked? It looks quite old and I think was the Luna Tortilla factory if I'm not mistaken. Hopefully they can build around it since the parcel with the parking lot is quite large.

I hope they build around it. I don't think I've seen this happen in Dallas, but I've seen a few instances in other cities where a new high-rise is built around a historic structure and I think it looks beautiful. Forces the architect and developer to get a bit creative with the shape and orientation of the building, and the end result is you have a nice contrast of old and new.

[lakewoodhobo]

Isn't the Meso Maya building landmarked? It looks quite old and I think was the Luna Tortilla factory if I'm not mistaken. Hopefully they can build around it since the parcel with the parking lot is quite large.

Meso Maya is landmarked. Not sure about El Fenix.

Screen Shot 2019-04-02 at 10.18.36 AM.jpg

[Kelley USA]

Here's the flyer from HFF...

https://my.hfflp.com/GetDocument?DT=Dea ... &ID=205813

[cowboyeagle05]

I would assume El Fenix would want space in whatever new building is built on the site.

[dzh]

The whole enchilada: El Fenix's landmark Uptown Dallas property is for sale

https://www.dallasnews.com/business/rea ... perty-sale

That would be pretty huge if this site gets redeveloped into something mixed use a la The Union. It wouldn't be something with a grocery store obviously, but mixed use with boatloads of residential/restaurants/retail.

This also presents an interesting environment for the North End Apartments. If the El Fenix site goes for a pretty penny, at what point to the property owners think about selling?

North End isn't going to sell, but it will be redeveloped by its current owner and likely a developer partner. The plan has been to operate as is and wait for this area of Uptown to fill in, so it's playing out to perfection. The property is 11 acres and can be redeveloped in phases or all at once, and given its size and location it will be the crown jewel of Downtown/Uptown/Victory whenever it happens.

I could've sworn North End was actually owned by Hillwood. I feel like I dug that info up once. I can't seem to find any evidence of them owning it on DCAD however. Anyone know who owns North End?

[lakewoodhobo]

That would be pretty huge if this site gets redeveloped into something mixed use a la The Union. It wouldn't be something with a grocery store obviously, but mixed use with boatloads of residential/restaurants/retail.

This also presents an interesting environment for the North End Apartments. If the El Fenix site goes for a pretty penny, at what point to the property owners think about selling?

North End isn't going to sell, but it will be redeveloped by its current owner and likely a developer partner. The plan has been to operate as is and wait for this area of Uptown to fill in, so it's playing out to perfection. The property is 11 acres and can be redeveloped in phases or all at once, and given its size and location it will be the crown jewel of Downtown/Uptown/Victory whenever it happens.

I could've sworn North End was actually owned by Hillwood. I feel like I dug that info up once. I can't seem to find any evidence of them owning it on DCAD however. Anyone know who owns North End?

North End has likely been owned by the same partnership since 1996. You're probably thinking about the Hillwood pitch to Amazon which included several properties not owned by them, including the North End apartments.

[Kelley USA]

If I'm seeing this right, it appears that Hunt Realty owns North End...

http://www.huntrealty.com/north-end-apartments.aspx

[dallaz]

Isn't the Meso Maya building landmarked? It looks quite old and I think was the Luna Tortilla factory if I'm not mistaken. Hopefully they can build around it since the parcel with the parking lot is quite large.

Meso Maya is landmarked. Not sure about El Fenix.

Screen Shot 2019-04-02 at 10.18.36 AM.jpg

That’s great to know. Hopefully, El Fenix can be saved...?

These buildings are some of the last structures of the former “Little Mexico” neighborhood. I wouldn’t want to see everything from that neighborhood destroyed. I would love for them to do something like The Epic in Deep Ellum.

[CRE_Investor]

If I'm seeing this right, it appears that Hunt Realty owns North End...

http://www.huntrealty.com/north-end-apartments.aspx

We have a winner

[Cbdallas]

I would think they could get approval here to build some fairly tall buildings and then maybe this would get the Perot site across Woodall to finally get their supertall out of the ground. Would love to finally see some real skyline changers as it has been a while for Dallas.

[CRE_Investor]

I would think they could get approval here to build some fairly tall buildings and then maybe this would get the Perot site across Woodall to finally get their supertall out of the ground. Would love to finally see some real skyline changers as it has been a while for Dallas.

You don't encourage someone else to build a "supertall" by beating them to the punch and delivering a bunch of new space that has to be absorbed before the market is ready for another building. I would encourage everyone to strongly temper their expectations for the Hillwood site since another 1MM SF office tower will likely never get built in Dallas barring an Amazon HQ2 type tenant who wants to be consolidated in a high rise rather than a campus like setting.

[Tnexster]

Nice looking property from above with lots of potential, maybe they could leave the three restaurants alone and build on the parking lots? Lots of room for something tall and mixed-use, maybe something in the 40-45 floor range. Seems to be a popular number these days. Where did the name (The Triton) come from?

[cowboyeagle05]

According to the article the restaurants are there to stay with any buyer expected to build around the existing buildings. There is enough land to build a parking garage and tower so unless El Fenix is offered an amazing deal to tear down their history so that anything new can have Woodall Rogers frontage I imagine Firebird restaurant group would like to maintain the existing buildings.

[DPatel304]

According to the article the restaurants are there to stay with any buyer expected to build around the existing buildings. There is enough land to build a parking garage and tower so unless El Fenix is offered an amazing deal to tear down their history so that anything new can have Woodall Rogers frontage I imagine Firebird restaurant group would like to maintain the existing buildings.

Great news! I think that'll look very cool, and there is still plenty of room to build around it. We'll also likely see some different/creative architecture with whatever they decide to build here.

[I45Tex]

Nice looking property from above with lots of potential, maybe they could leave the three restaurants alone and build on the parking lots? Lots of room for something tall and mixed-use, maybe something in the 40-45 floor range. Seems to be a popular number these days. Where did the name (The Triton) come from?

Just a guess that someone was thinking of the 3 anchor restaurants on the property / Trident was already a chewing gum brand.

[CTroyMathis]

Trifecta was too long and Tribbles might sound like an infestation.

[DFW]

https://www.dallasnews.com/business/rea ... n-district

[Tnexster]

40 story tower here and a 40 story Harwood tower would dramatically change this area and to think even if those two blocks built that high there is still room for more. Can't wait to see what happens with this site but would miss the old El Fenix.

[Tnexster]

So, has the pandemic and Field Street mega development basically knocked this one off the charts for the time being? Lots of talk about new towers buy not here.

[cowboyeagle05]

There was no project planned for the site yet it was simply up for sale do yeah I would say so.

...Uptown Dallas' iconic El Fenix restaurant hitting the market for sale.

[Hannibal Lecter]

Major development is in the works for downtown Dallas’ landmark El Fenix property
The more than century-old Mexican restaurant would stay put under the building plan.

A high-rise real estate project is on the drawing boards for what’s considered one of the most prime development sites of downtown Dallas’ north side.

The two-block property at Woodall Rodgers Freeway and Field Street includes the building that houses Dallas’ beloved El Fenix restaurant.

But most of the site is just used for parking.

Texas real estate firm Stonelake Capital Partners is working a plan to develop the property along with its longtime owner, Mike Karns, who heads the restaurant company that owns El Fenix.

The El Fenix and Meso Maya restaurants on the northeast side of the property would remain, and office and residential towers would be built on the vacant tracts.

https://www.dallasnews.com/business/rea ... -property/

[Tnexster]

Good I would hate to see El Fenix get taken down. Would never be the same.

[Cbdallas]

If all of these developments on both sides of Woodall get going this could be a game changer for this part of urban Dallas.

[eburress]

There's so much talk right now but not a single one of these projects actually seems to be happening.

[cowboyeagle05]

I have been on this forum for decades now the number of renderings I have seen...the number of articles promising project starts is longer than the interstate highway system. The developer on this one seems to have been successful in Austin with Office and residential in West Dallas so lets hope they can get this one going since they got a $555 Million investment they have been using lately.

[willyk]

I have always hoped that a developer would build twin cylindrical towers to honor the Enchilada Dinner Wednesday Night Special.

[Tnexster]

There's so much talk right now but not a single one of these projects actually seems to be happening.

Yes, lots of game changers that never see the starting line.