Wednesday, July 31, 2013

Downtown Dallas Buildings Getting Makeover for Apartment and Retail Space

Three old retail and commercial buildings in downtown Dallas are being redeveloped.
The project is a joint venture development by Scott Remphrey of Brytar Cos. And Kip Sowden with RREAF Holdings.
The buildings at 1512 through 1516 Elm Street contain about 55,000 square feet. The developers plan to create 24 loft apartments on the upper floors and retail on the street level.
“We have a unique opportunity here to capture the fabric of old Dallas in the heart of the central business district on Elm Street,” Remphrey said in a statement.
The properties are some of the last unrestored buildings in that area of downtown Dallas’ old commercial district. Dallas businessman Tim Headington has redeveloped several buildings a block away on Main Street, including the Joule Hotel.
The building makeovers are scheduled for completion sometime next year.
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Author: Steve Brown