Thursday, January 08, 2015

Crow, MetLife unveil plans for Dallas skyscraper project on Klyde Warren Park

(Trammell Crow)
Called Park District, the new project includes a 19-story office tower and a 32-story residential building.
Developer Trammell Crow Co. has finally pulled the wraps off its huge new Uptown high-rise project.
The more  than 900,000-square-foot office, retail and residential development will start construction this year at Pearl Street and Woodall Rodgers Freeway on the north side of Klyde Warren Park, Crow said Wednesday.
The 3-acre mixed-use project will be built in partnership with Metropolitan Life Insurance.
“We believe this is the best site in North Texas for a project of this kind,” Scott Krikorian, Senior Managing Director with Trammell Crow, said in a statement.  “We are excited about working with MetLife and the City of Dallas to develop this site at the doorstep of our city’s signature park.”
Called  Park District, the development will include a 19-story office tower and a 32-story residential building with 255 units.
There will be 22,000 square feet of retail space on the lower floors of the skyscraper complex.
HKS Architects designed the development. It has sleek glass towers with low glass restaurant and retail buildings in front, facing the park.
The huge project will be constructed on the site of the Chase motor bank across the street from the Federal Reserve Bank of Dallas.
Crow and MetLife bought the bank property in June from JP Morgan Chase Bank.
The office tower will be located on the corner of Pearl and Woodall Rodgers and the residential high-rise will be on Olive Street.
The office, apartment and retail complex will be the largest such development in the downtown and Uptown area. The office building will contain more than 500,000 square feet of space – the biggest in the works for Dallas.
Park District is one three major mixed-use projects Crow is planning in central Dallas.
The developer has announced plans for a 20-story apartment and retail complex to be built on McKinney Avenue at Bowen Street in Uptown.
And Crow is starting work soon on another apartment and shopping project just east of Highland Park near Knox Street and McKinney.
By Steve Brown, Dallas Morning News