Friday, February 06, 2015

Cityplace Tower owners looking at new hotel, retail and apartments

Early design studies of what the development might look like.
The owners of Dallas’ Cityplace tower are moving ahead with plans to build a mixed-use project surrounding the high-rise.
Florida-based Parmenter Realty Partners a year ago bought the 42-story office tower on North Central Expressway at Haskell Avenue.
The commercial property firm said it planned to develop vacant land on two blocks adjoining the 26-year-old building.
Now Parmenter has provided the first details of what it might do in a filing at Dallas’ city hall.
The Cityplace tower is surrounded by vacant land.
Along with the existing office space, Parmenter said its new construction could include a hotel with up to 305 rooms, 37,000 square feet of retail space and up to 490 apartment units.
The development details were included in a filing with the Dallas city plan commission, which is focused on parking needs for the project.
The buildings will be constructed on vacant land surrounding the tower on Haskell Avenue and Weldon Street, just east of North Central.
The grass-covered areas were originally intended in the 1980s for three, 6-story office buildings that were never constructed. Foundations for the buildings, underground parking and mechanical systems to operate them were all included in the original tower development.
Architect HOK has done design studies of what the new buildings might look like.
Steve Brown