Friday, December 16, 2016

Downtown Dallas tower owner plans 10-story garage

The 10-story garage will be built at St. Paul and Federal streets.Fortis
The 10-story garage will be built at St. Paul and Federal streets.
The owner of a downtown Dallas skyscraper is finalizing plans for a 10-story parking garage.
New York-based Fortis Property Group — which owns the 36-story Harwood Center office tower at Bryan and Harwood streets — is asking for city approval to build the garage to accommodate the new worldwide headquarters for Jacobs Engineering Group.
Jacobs is moving its main office from Pasadena, Calif., to downtown Dallas, adding about 100 new jobs.
Fortis plans to build the almost 500-vehicle garage on Federal Street adjacent to its office high-rise. The office tower at 1999 Bryan was built in 1982.
But first, the city must agree to give the building's owner permission to extend the garage over the city right of way on Federal Street. The real estate investor also wants to purchase a 10-foot easement adjacent to a small public plaza.
"Jacobs' lease is contingent upon providing additional parking, and there are no nearby sites available to provide the needed spaces," Dallas' Economic Development Committee said in a filing. "Without the garage, Jacobs' lease for their corporate headquarters cannot be executed and they will be forced to identify a new location for their office."
Fortis also has said it might lose another major tenant in the Harwood Center, advertising firm Ominicom, if it doesn't build the garage.

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Steve Brown/Dallas Morning News