Downtown Dallas

So, That Downtown Neiman Marcus Store Debacle Was Not About Real Estate…

By Candy Evans / February 27, 2025 /

The store may not be saved after all? A downtown Dallas consortium got to work Tuesday, trying to save our downtown Neiman’s store after reports that the hold-up was a real estate problem based on land leases (See Preston Center West). But after Slaughter Partners announced they’d donate the leased strip of land to the…

Craig and Kathryn Walt Hall Honored with Downtown Dallas Inc.’s Groundbreaker Award

By April Towery / February 26, 2025 /

There’s no question that Craig and Kathryn Walt Hall, founders of the HALL Group real estate development firm, have made a significant impact on the growth and vibrancy of downtown Dallas. The Halls were honored last week at Downtown Dallas Inc.’s annual meeting, a ritzy soirée at the Omni Dallas Hotel.  Lucy Billingsley, a partner in…

Downtown Dallas Inc. Celebrates the Pending Revival of Kay Bailey Hutchison Convention Center

By April Towery / February 21, 2025 /

When advocates lobbied in November 2022 for a 2 percent hotel occupancy tax increase to redevelop the Kay Bailey Hutchison Convention Center, Dallasites were sold on the promise that it would bring much-needed economic development and tourism dollars and bridge a divide between downtown and southern Dallas.  The measure, referred to as “Proposition A” and…

Investor Plans to Sell Former Dallas Morning News Headquarters to Data Center Firm

By Charles Grand / February 10, 2025 /

Poor communication on the part of the City of Dallas allegedly cost downtown a new entertainment district. Now, a data center could be built in its stead. Local CRE investor Ray Washburne recently told The Dallas Morning News that he plans to sell the news outlet’s old headquarters on Young Street to an unidentified data…

Sycamore Strategies Developing Affordable Housing, Hotel Lodging in Downtown’s Magnolia

By April Towery / January 8, 2025 /

Hold up now; this is big. Sycamore Strategies, on the heels of a huge groundbreaking at the Cabana Hotel, confirmed last week via public documents that it plans to gut and redevelop the interior of the 29-story Magnolia Dallas and use half the space for affordable housing and the other half for hotel lodging.  The…