Tuesday, April 18, 2017

Developer Craig Hall to start $250M condo, hotel project in Dallas Arts District

Dallas developer Craig Hall plans to break ground on the next phase of his Hall Arts mixed-use development in the city's Arts District, which will bring in a $250 million luxury high-rise condos and a boutique hotel to the district.

Hall plans to break ground on the Hall Arts Hotel and Residences site along Flora Street on Friday.
The project includes a 11-story, nearly 200-room boutique hotel that will sit over two levels of public space and will include enough real estate to house restaurants and a 7,000-square-foot meeting space near Ross Avenue and Leonard Street.

The 25-story condo tower, called the Hall Arts Residences, will sit adjacent to the hotel upon completion near Ross Avenue and Leonard Street and will bring 44 luxury homes to the neighborhood.

The project comes on the heels of Dallas-based Hall Group landing a law firm in KPMG Plaza at Hall Arts, a Class A office tower in the Arts District. The deal brings the tower to nearly 80 percent leased.

Some of the top premium floors in the office tower are still available for lease.

Candace Carlisle/Dallas Business Journal.