Everything you wanted to know about the Urban Core, Uptown and Downtown Dallas, Texas & Dallas Ft. Worth Area Real Estate - Its growth, prosperity, setbacks and unprecedented revitalization is told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Wednesday, October 05, 2016
Dallas Midtown's 20-acre focal point
begins to take shape
The proposed centerpiece of the Dallas Midtown evolution will be unveiled at a town hall meeting next week.
This 20-acre focal point will tie in the rest of Dallas Midtown and could be a big draw to investors, developers and companies, said Bruce Bradford, president and CEO of the North Dallas Chamber of Commerce ."This will be the beginning of the framework that will change over time as donors make themselves available for the cause," said Bradford, who is also a member of the Dallas Midtown Park Foundation.
MIG, a placemaking firm based in Berkeley, Calif., conducted the three-month study on Dallas Midtown. Bradford declined to disclose the cost of the study, but said, "We got far more bang for the buck than the bucks we paid."
This study takes the proposed 20-acre park to the next level to anchor the Dallas Midtown site, which is a 40-block, 430-acre mixed-use development bounded by the Dallas North Tollway, LBJ Expressway, North Central Expressway and Spring Valley Road in North Dallas.
"Philanthropic dollars would be a big piece of the equation," Bradford told me. "This will be an amenity for the community and it's not unreasonable to hope the city would step up. I continue to believe the park will become a reality."
The park could help Dallas Midtown become a magnet to corporate companies and help bring corporate focus to the redevelopment, said Scott Beck, president of Dallas-based Beck Ventures, which is overseeing the redevelopment of 17 blocks within Dallas Midtown.
"The redevelopment of North Dallas is of great importance for the city of Dallas," Beck said ."Too often we see corporate users select neighboring cities. With the start of Dallas Midtown, we can now give these office tenants an additional urban destination within the city of Dallas and keep our Dallas tax base secure."