Friday, August 02, 2013

Large Downtown Dallas Site Bought for South Asian Museum

One of the largest and most coveted development sites in downtown Dallas has changed hands.
The 4.7-acre property at Woodall Rodgers Freeway and Field Street is at the gateway to Uptown and is just across the highway from the new Perot Museum of Nature and Science.
Back in the 1980s, the prime property was planned for a 100-story office skyscraper.
The new owner of the land — a foundation set up by prominent North Texas doctor and medical researcher Vinay Jain — plans to build a South Asian museum and cultural center on the tract.
Dr. Jain, who practices with the Texas Oncology-Baylor Charles A. Sammons Cancer Center in East Dallas, came to Dallas from India in 1993. He and his wife, Kanika, live in Dallas’ Preston Hollow neighborhood and are active in philanthropic and cultural organizations.
The Jains’ nonprofit Shraman South Asian Museum and Learning Center Foundation bought the downtown property after looking at other potential locations for a venue to display South Asian art and culture.
Dr. Jain said he’s lining up consultants and contributors from North Texas and worldwide to work on the project.
“The community of Indians is getting to the point they have accumulated wealth,” Dr. Jain said. “Now there is an opportunity to contribute back to the community.”
Read more at: Dallas News
Author: Steve Brown