Friday, November 15, 2013

Buyers are lining up for choice Uptown Dallas corner

It may be the hottest corner in Dallas – if not the whole State of Texas.
The Chase Bank drive-through location at Pearl Street and Woodall Rodgers Freeway is smack at the front door of the insanely popular Klyde Warren Park.
Developers think it may be the best building site in town. And it’s for sale.
Commercial real estate firm Jones Lang LaSalle is rounding up offers for the 1.5-acre tract, which is expected to fetch more than $200 per square foot.
Broker say potential buyers for the land include developers Lincoln Property Co. and Trammell Crow Co. which both would like to plop an iconic project on the corner.
By Steve Brown
stevebrown@dallasnews.com