Friday, October 31, 2014

Del Frisco’s trades Far North Dallas home for Uptown project

A new Uptown office and retail project has landed a high-profile local restaurant that’s moving from north of LBJ Freeway.
Crescent Real Estate Holdings said Thursday that the popular Del Frisco’s Double Eagle Steak House will be the lead retail tenant in its McKinney & Olive project, which is under construction just north of downtown Dallas.
Del Frisco’s will take about 13,000 square feet in the high-rise project that’s being built on McKinney Avenue.
The chain’s flagship restaurant will overlook a 1-acre park planned along Olive Street.
The restaurant will have “a two-story design with spacious patios, huge glass windows and a balcony overlooking the plaza,” John Zogg, managing director for Crescent, said in a statement.
Del Frisco’s will close its 20-year-old location on Spring Valley Road near the Dallas North Tollway in Far North Dallas after it opens the new location in McKinney & Olive in 2016.
“The move from North Dallas to Uptown for the Double Eagle is all about evolving the brand and showcasing more options and modern amenities while still sticking to the concept’s rich heritage and tradition,” said Del Frisco’s Restaurant Group CEO Mark S. Mednansky.
Jack Gosnell and Jack Breard of UCR Urban negotiated the lease with Kevin McIntosh and Ryan McIntosh of Trinity Partners Commercial Real Estate.
Designed by award-winning Pelli Clarke Pelli Architects, McKinney & Olive will have 480,000 square feet of office space and 50,000 square feet.
Major office tenants for the project include law firms Gardere Wynne Sewell LLP and Sidley Austin LLP.