DFW’s next big idea? Bringing walkable connections to downtown Dallas

It’s been a year since the Urban Land Institute held its big annual conference in Dallas, and in that time North Texas stakeholders have brought some new ideas to the table for ULI North Texas’ third annual Impact Awards gala.

This year, Dallas-based Merriman Anderson Architects presented a pedestrian-friendly extension of the redevelopment of Commerce Street stretching from Deep Ellum into the Farmers Market with the help of Harwood Street.

The proposal was pitched last week under the generic title ‘The Statler Corridor’. It consists of the historic Statler Hilton with the adjacent Old Dallas Public Library and the new Harwood Garage and Residency, which could help connect this part of the city with these two neighborhoods.

Click to read more at Dallas Business Journal.

Why Dallas’ new Pacific Plaza Park won’t get underway until next year

The long awaited — and much talked about— Pacific Plaza Park won’t get underway until next year, as the city remediates the surface-level parking lot to make it developable for a 3-acre city park.

The $15 million urban park along St. Paul Street was originally expected to get underway this year, but, like other redevelopment projects, faced some unforeseen circumstances.

“There are a few spots that have to be handled before construction can begin,” said Amy Meadows, president of the Parks for Downtown Dallas, which is the group overseeing the redevelopment of Pacific Plaza Park and three other downtown parks.

“The city of Dallas is going through a remediation process and until we have the final approval letter from TCEQ (the Texas Commission on Environmental Quality),” she said. “We have to wait.”

Click to red more at Dallas Business Journal. 

At least 12 North Texas cities vying for Amazon’s second headquarters

More than a dozen North Texas cities will be included in a regional pitch to lure Amazon’s second headquarters, and several of those cities will submit multiple locations.

North Texas will collectively submit one unified response to Amazon (Nasdaq: AMZN) for the approximately $5 billion project. The Seattle-based e-commerce goliath is accepting bids from cities across North America for the project and the roughly 50,000 highly-paid jobs that will come with the headquarters.

The Dallas Regional Chamber declined to say which cities or even how many cities have indicated a desire to be considered for what Amazon has dubbed HQ2. But city, economic development and real estate industry sources estimate 12 to 14 North Texas cities want to be considered and each has one or more viable sites.

Click to read more at Dallas Business Journal. 

McKinney’s Southgate project to bring urban-style hub to city’s gateway

McKinney Economic Development Corp. and Dallas-based KDC have unveiled plans for the city’s southern gateway to bring an urban-style, mixed-use development to McKinney.

The project, called Southgate McKinney, could bring a new corporate magnet to the city at the Sam Rayburn Tollway and U.S. 75, giving businesses another option in close proximity to major thoroughfares.

Click to read more at Dallas Business Journal.

High-profile parcel in Plano’s Legacy Business Park getting high-rise office, hotel

One of Plano’s founding families has decided to convert a high-profile parcel at the Dallas North Tollway and Spring Creek Parkway in Plano’s Legacy Business Park into a high-rise mixed-use development.

The Baccus family, in a partnership with Dallas-based Provident Realty Advisors, will begin construction early next year on land they’ve owned since the mid-1800s to transform it into a high-rise, mixed-use development.

Click to read more at Dallas Business Journal.

Lamar Hunt-affiliated developer chosen to build new project in McKinney

McKinney Economic Development Corporation selected Hunt Southwest, a Dallas-based real estate investment firm affiliated with the Lamar Hunt family, to build a new industrial facility in McKinney.

The development firm landed the economic development group’s project after McKinney Economic Development circulated a request-for-proposal earlier this summer.

Click to read more at Dallas Business Journal.