It has been a busy summer for development in and around DART Rail in North Texas. Check out some of the stories of new property and new businesses that you can expect to see on your commute soon.
The 3 ½-story schoolhouse [at Pearl/Arts District Station] will be transformed by Matthews Southwest, a renowned firm that has taken on other high profile projects like the redevelopment of the old Sears warehouse on South Lamar, as well as the Omni Hotel in downtown Dallas.
Plans are to turn the school building that was once Dallas High — and later became Crozier Technical High — into office and retail space.
Frontier Communications bringing upwards of 800 workers to Richardson’s Telecom Corridor [Dallas Business Journal]
The telecommunications provider has signed a short-term lease for 192,340 square feet of office space within the tower at 2221 Lakeside Blvd. in Richardson [near Galatyn Park Station], which will bring upwards of 800 employees to the new campus.
High-rise apartment tower coming in Dallas’ Deep Ellum district [dallasnews.com]
Called The Case Building, the 337-unit tower at Main and Hall streets will be the first high-rise apartment in Deep Ellum [near Baylor University Medical Center Station].
“Deep Ellum is known for its rich art and music scene. The ability for residents to walk or bike to local galleries, music venues, restaurants and shops fits well with Streetlights’ vision of a neighborhood-friendly urban development,” StreetLights CEO Doug Chesnut said in a statement. “The population in this area continues to grow, and StreetLights is excited to provide a building inspired by the architecture and style of Deep Ellum for this expanding community.”
Investors buy 2-building office complex in Dallas with plans for massive redo [Dallas Business Journal]
A joint venture between Houston-based Triten Real Estate Partners and Chicago-based Convexity Properties has bought two North Central Expressway office buildings [near Mockingbird Station] from a Dallas-based real estate investment firm.
“The property is well-positioned to be a mixed-use, Class A lifestyle destination, and we’re excited to be part of the investment,” said Scott Arnoldy, managing partner of Triten Real Estate Partners.