Friday, July 23, 2010

More Arts District Construction

The Spire
Spire Realty Group announced its plans to develop a six-building office, hotel, retail, and parking complex on 12 acres in the NE section of downtown Dallas adjacent to the Arts District. No dollar amount was released, but the initial phase, called Block D, will become a 21-story office building featuring 360k SF of office space, 25k SF of retail, and 36 residential units. No timeline for the project was released although key players were named: WDG will provide architectural planning and interior design; Austin Commercial is the GC; and Peloton Commercial Real Estate will lease the project.

This Weeks News

Bargains, low mortgage rates boost Dallas-Fort Worth home sales in ...
Dallas Morning News
By STEVE BROWN / The Dallas Morning News Home sales and prices were up in the first half of the year in most Dallas-area residential districts. ...
GM to pay $3.5B for Fort Worth-based AmeriCredit 11:14 AM CT
Dallas Morning News
By STEVE BROWN / The Dallas Morning News Fort Worth's AmeriCredit Corp. Thursday said General Motors has agreed to pay $3.5 billion for the finance company ...
Behringer Harvard completes purchase of apartments on Fitzhugh
Dallas Morning News
By STEVE BROWN / The Dallas Morning News Addison-based real estate investor Behringer Harvard said Thursday that it has completed its purchase of the ...
California trust takes over office tower on LBJ
Dallas Morning News
By STEVE BROWN / The Dallas Morning News The Executive Center One building at 8390 LBJ Freeway was built in 1982 and has more than 200000 square feet of ...