Dallas Development News

UPDATE: 1401 Elm Plan Isn’t Dead Yet. City Leaders Still Committed to Redevelopment

By Leah Shafer / November 25, 2015 / 0 Comments

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 Channels Belmont Sale Money Into More South Dallas Development

By Leah Shafer / November 23, 2015 / 7 Comments

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 […]

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Landmark Development of Downtown Dallas’ 1401 Elm Stumbles As Foreclosure Looms

By Leah Shafer / November 18, 2015 / 2 Comments

Downtown 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 […]

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First Residential Highrise Coming Soon to Deep Ellum District in Downtown Dallas

By Leah Shafer / September 1, 2015 / 6 Comments

People 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 […]

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Developer Diane Cheatham Advocates Modern, Sustainable Living in Dallas

By Leah Shafer / August 7, 2015 / 1 Comment

Dallas 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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Alamo Drafthouse Courting Lakewood Theater, Parking Issues Plague Negotiations

By Leah Shafer / May 11, 2015 / 5 Comments

As we reported in January, the now-empty Lakewood Theater has an interested suitor, the Alamo Drafthouse, and negotiations are quite a ways along now. Property co-owners Craig Kinney and Bill Willingham of Willingham-Rutledge talked to multiple restaurants and businesses that could fill the historic space in various incarnations, located at 1825 Abrams Pkwy. in East Dallas. […]

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