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
Thursday, November 03, 2016
Developer Eyes 19-Story Luxury Hotel Tower for Uptown Dallas Site Near Maple Ave
A developer that's done several Uptown apartment projects is ready for something new.
Alamo Manhattan Corp. proposes to build a hotel — not more apartments — on a half-block site off Maple Avenue near Turtle Creek.
The 19-story, 220-room hotel would sit on a site now occupied mostly by a condominium complex on Carlisle Street.
"It's a great opportunity for a full-service hotel," said Alamo Manhattan CEO Matt Segrest. "Everybody loves Uptown, and there is a demand for this hotel.
"We are looking for something different with this project."
Segrest said Alamo Manhattan proposed the almost $80 million project to several firms and "the hotel groups jumped at it."
He said the hotel would be created using Marriott's new luxury modern design program.
WDG Architecture designed the brick and glass building, which will include a ground-floor restaurant and about 12,500 square feet of meeting space."Our sweet spot is the professional business traveler," Segrest said. "One thing Uptown is lacking is good meeting space — the demand is huge."
To build the hotel, Alamo Manhattan must obtain increased development density approval from the city. Segrest said the firm is starting to meet with neighborhood groups and city planners about the project.
If everything goes as planned, construction would start in 2018 with an almost 2-year building period.
Alamo Manhattan is proposing the hotel project as it completes one Uptown project and prepares to begin construction in Oak Cliff.