Caven Enterprises has entered into an agreement with developer PegasusAblon to develop two residential-mixed use buildings on land now owned by the the company that operates several bars on Cedar Springs Road.
Caven, which owns TMC–The Mining Company, Sue Ellen’s, JR.’s Bar & Grill and Station 4, will sell its properties to PegasusAblon but continue to own and operate its bars. The sale involves property on the west side of Cedar Springs Road, from Reagan to Throckmorton Street, and at 4001 Cedar Springs Road.
Development will be done in two phases, with the building behind S4 going up first. The possibly 20-story building will feature a waterfall and add parking to the neighborhood. The building will be separated from the bars by a covered “pocket park” that Ablon said he hopes will become a meeting place for the community. Several new retail or restaurant spaces will add to the ambiance of the space.
https://dallasvoice.com/caven-to-partne ... hind-bars/
These renderings definitely look pretty great, and I'm glad this area is getting a bit of an outdoor/public 'gathering space'. I wonder if it would make sense to move the Legacy of Love Monument closer to this area (I really dislike the current location of it, but I don't know if there is some specific reason why it is in that particular spot).