Dallas Development News
Last week, we told you about the mess happening at 1401 Elm, a landmark $240 million redevelopment deal in downtown Dallas facing forced foreclosure after a developer pulled out. The city of Dallas had committed $50 million in economic incentives to further progress. But with of the departure of New York-based Olympic Property Partners from the project, early…
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Monte Anderson thrives on shaking up standard ways of thinking about development in Dallas. After he sold the historic Belmont Hotel five months ago, a bellwether renovation and restoration project that put his name on the map in 2005, he got right back to work doing what he does best. “I took all the money from the hotel sale, and we…
Read MoreDowntown Dallas’ 1401 Elm was once touted as the tallest building west of the Mississippi River, with 52 stories and 1.5 million square feet of office space. This Central Business District skyscraper, formerly the First National Bank, has stood depressingly vacant since 2010. Plywood boards and “keep out” signs mar the once-impressive edifice. Plans were underway for an encompassing $240-million…
Read MorePeople have been calling Deep Ellum home since the late 1800s, and the historic district in downtown Dallas is entering a new era with its first residential highrise. The 17-story, 337-unit Case Building will be the largest new real estate project ever built in Deep Ellum, located near Hall and Main streets, just south of Baylor Medical Center. Dallas-based Westdale…
Read MoreDallas developer Diane Cheatham is a dedicated modernist and committed environmentalist. As CEO of Urban Edge Developers, Ltd., Cheatham has brought those values to her work in multiple settings, from small infill condos and townhomes that won multiple design awards, to her masterpiece at Urban Reserve, a signature modern neighborhood that uses sustainable features creatively. It’s…
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