^lol
In the wake of Victory, the new performing arts halls, and continued development downtown and uptown, it'll be interesting to watch the media coverage of Dallas over the next couple of years. That little piece in NYT's Escapes section and the brigade of journalists from gay magazines that was here a few weeks back could be just the tip of the iceberg in transforming the city's image as a businessman/convention place to something more along the lines of "What Happens in Dallas, Stays in Dallas."
I think so.Originally Posted by rantanamo
Dallas is a little rough after the downtown dormancy, but the big thinking, large living image is getting a good shine right now, and will be very pleasantly polished in a couple years. The contrived mixed use living centers in Uptown will strengthen the Main Street original and that's the foundation for the depth of experience which started in the 1920s to create an image of Dallas as a sophsticated, cosmopolitian and fashionable city. On the national scene, there's serious demand for another big dominant city; Dallas, Houston and Atlanta are quickly adding Southern variations built upon regional marketplaces. But in Dallas, there's a substantially stronger commitment to community improvement exampled by the Trinity River Park and DART rail system. The city's geographic location becomes more strategic every day the country's population growth is primarily in the South and West.
Masterplans for the affluent like West Village and Victory are natural in Dallas, and solidify the city as a chic destination garnering the interest needed to support an entire neighborhood of high priced condo/apartment towers. Victory promises 4,000 residential units, but I'd like to see at least that many more in the rest of Southern Uptown. I will not be surprised when the Crow Holding bring to Trinity Meadows an even more diverse array of establishments found only in the upper tier cities. Trinity Meadows might even start in Dallas a concentration of high profile Europeans. The world will move into Dallas very quickly once the "city" regains its balance. Chic, ya, sure, Dallas can pull that off. It might even develop into something unique.
Last edited by tamtagon; 21 June 2005 at 06:20 PM.
and some recognition from FrontBurner. what's this about a group invite to meet Phillipe Stark?
VICTORY DEVELOPMENT
An alert FBvian lets us know that the Dallas Architecture Forum sent out an invite to meet Philippe Starcke, which confirms what we thought about this site (they even fixed the "won't" after our last post). Starcke's project is--what else?--another luxury condo.
Tim Rogers · 12:41 PM
Do you think we can get invited as a group, then kidnap Monsieur Starck and take him over to the Statler/Hilton - Grand Hotel ?
http://www.philippe-starck.com/
That's the name I saw. If you watch the redirect on that Yoo site you see his name somewhere, either in the title or on the page iteself, I seem to remember. It's really fast, you have to watch for it, can't blink, you'll miss it.
Very true, I don't think people here realize how important this statement is.
2 office towers set for Victory
http://www.dallasnews.com/sharedcont....31b9b7bb.html
Galleria builder joins Hillwood to construct first work spaces
10:28 PM CDT on Tuesday, June 21, 2005
By STEVE BROWN / The Dallas Morning News
Houston developer Hines is teaming up with Ross Perot Jr.'s Hillwood development firm to build two office towers at Uptown's Victory project.
UNDER CONSTRUCTION
The 33-story W Dallas Victory Hotel & Residences with 144 condominiums, 251 hotel rooms and 42,500 square feet of retail space. To open in May.
The Terrace, a seven-story, 95-unit condominium building with 24,000 square feet of retail space. To open in May.
The Vista, a 125-unit apartment building with 25,000 square feet of retail space. To open in May.
The buildings will be constructed near Continental Avenue and Stemmons Freeway, at the south end of the 75-acre Victory complex between the West End entertainment district and American Airlines Center.
"We have signed a joint venture with Hines to build an 800,000-square-foot office complex," Jonas Woods, Hillwood Capital president, said Tuesday. "They have the kind of experience and have demonstrated the quality we want.
"It made sense for us to team up with them on the first office space in Victory," he said.
Hines built the Galleria Dallas mall and office high-rises all over the globe.
Construction so far in Victory has concentrated on hotel, residential and retail. But the project's master plan called for millions of square feet of office space.
With Hines' addition to the development, construction of speculative office space will take a higher profile.
"We hope it's no more than six months away from a groundbreaking," said Mr. Woods. "The first building will be 18 stories with retail on the ground floor."
He said the office project is "subject to pre-leasing, but we are making very good strides." He said rental rates are projected to be in the "high $20s" per square foot annually.
That's more than most new suburban office buildings charge but still less than the luxury space at the nearby Crescent.
The complex will be Hines' first Dallas office project in several years. Clayton Elliott, a Hines senior vice president, said Victory's quality and location helped make the decision easy.
"It is seeing firsthand the new development going on down there," Mr. Elliott said. "There are eight additional buildings coming on line in the next few years.
"It's really getting to be a great urban environment for tenants to have another choice for their office," he said.
Dallas architect BOKA Powell is designing the two-phase project. BOKA Powell has worked on other buildings proposed for Victory, including a 45-story office and condo tower to be built across the street from American Airlines Center.
Almost $450 million in development is under way at Victory, including the W Dallas Victory Hotel & Residences set to open in May; two smaller residential buildings to be finished next summer; and two retail and commercial buildings to open in May on the south side of American Airlines Center. Already, several restaurants have signed on to be Victory tenants.Next week, Victory's developers are scheduled to announce plans for yet another residential tower ? "The House" designed by Philippe Starck. The project will be done with London and New York-based Yoo Ltd.
E-mail stevebrown@dallasnews.com
ohh the excitement builds.... i hope its DAMN tall.
I wasn't being skeptical about price, btw. I know there are rich people and enough investors to fill these things up. I was just wondering if Dallas is cool enough for "The House". Believe it or not, Dallas will not be ready for one of these developments or they simply won't fit the market is all I'm saying. Wondering if this will be one that doesn't fit. Then again, there are 6 million people in the metroplex, and finding 150 that like it shouldn't be a problem.
^ The article indicates it will be 18 stories...
I have just learned from a very reliable source that Lucky Strike Lanes is coming to Victory. My source is a local real estate lawyer who is very in the know on local deals.
Lucky Strike Lanes is a hip, urban bowling alley that caters to young people. They have a cool lounge/bar, pool tables, about a dozen bowling alleys, and a DJ.
http://www.bowlluckystrike.com/#
The website indicates a future location in Grapevine. Not sure if that is still happening. I was just told that Lucky Strike Lanes is coming to Victory and possibly downtown Frisco.
Last edited by Lionel Hutz; 22 June 2005 at 10:26 AM.
"You look at Chicago, New York, San Francisco, you'll find lots of small businesses. But here in Dallas, they hold up big businesses and kick out small businesses, and that's not good."
Neato..I remember someone discussing this place about a year ago..and how well it would fit in the LoMac area.
Dallas uber alles
Ya, that's the biggest gamble for Victory to date.
The website indicates they have a location coming soon to Grapevine...
Sorry Kelley. I edited my post to make note of the possible Grapevine location that is mentioned on the website.
"You look at Chicago, New York, San Francisco, you'll find lots of small businesses. But here in Dallas, they hold up big businesses and kick out small businesses, and that's not good."
Go Frisco!
Dallas uber alles
That would have been Harrymoto. Perhaps someone reading liked his suggestion.
“We shape our Cities, thereafter they shape us.”
I captured this from the current Victory website. The labels are complete speculation....
(edit) sorry not working will try in a bit.
Deep Ellum is the only place I can see a bowling alley lasting.
Victory development to add two office towers
Christine Perez - Staff Writer
http://dallas.bizjournals.com/dallas...ml?jst=b_ln_hl
Hillwood, the real estate company owned by Ross Perot Jr., has formed a joint venture with Houston-based Hines to build more office space in Victory Park, the massive mixed-use development that encircles American Airlines Center in Dallas. Plans call for two 18-story buildings totaling close to 800,000 square feet of space. The first phase, One Victory Park, will include 350,000 square feet of office space and 20,000 square feet of ground-floor retail shops and restaurants. The developers are hoping to attract larger users, unlike the first work spaces to be built in the project, Victory Plaza, a two-building, 180,000-square-foot component directly south of American Airlines Center, which Hillwood is developing on its own.
Before moving forward with construction on One Victory Park, the joint venture with Hines, Hillwood is looking to get commitments on 50% of the space. The goal is to deliver the building in mid-2007, said David Hicks, senior vice president at Hillwood. One Victory Park was designed by Dallas-based BOKA Powell. "The larger tenants I'm in discussions with need a total of about 1 million square feet in 2007 or 2008," Hicks said. Ross Perot Jr., chairman of Hillwood, said Hines is the "perfect partner for the office program at Victory Park." "Their experience and resources will help us create one of the world's most dynamic office districts," he said. Hines is well known for developing the Galleria shopping centers in Dallas and Houston, as well as the office towers surrounding the Galleria in Dallas and other corporate build-to-suits.
Hillwood and Hines will face competition from other Uptown developers eager to pull the trigger on their planned office projects. They include Lincoln Property Co., which wants to build 2000 McKinney, a 20-story, 400,000-square-foot tower on McKinney Avenue at North Harwood Street; Harwood International, which is planning a 24-story, 280,800-square-foot building called St. Ann Court at the corner of Harry Hines and Moody; and CarrAmerica Realty Corp., which is collaborating with Rosewood Corp. to develop Rosewood Court, a 16-story, 350,000-square-foot building at Cedar Springs Avenue and Pearl Street.
Owned by Hillwood and Hicks Holdings, Victory is a $3 billion-plus, 75-acre urban district in Uptown, adjacent to the West End district of downtown Dallas. At full build-out, the project will contain more than 4,000 residences and 4 million square feet of office and retail space. Besides the W Hotel, which will provide 251 hotel rooms and 144 condominiums, residential components at Victory include The Vista, a 125-unit apartment complex, and The Terrace, a 95-unit condominium project. All three should be ready for occupancy in late spring 2006.
About 60 of the condos have already been reserved by buyers, said Lea Anne Laughlin with Hillwood. They range in size from 850 to 2,000 square feet, and in price from $190,000 to $660,000. Apartments in The Vista range in size from 700 to 2,000 square feet and will rent for about $1.75 per square foot. If condo sales continue at their brisk pace, Hillwood will consider converting some of the apartments to condos, Laughlin said. The Vista and The Terrace were designed by WDG Habib and Zero3, both based in Dallas. Each development will include about 25,000 square feet of retail space.
Hillwood also recently sold a tract of land east of Victory Plaza to Hanover Corp., which is planning to build a 28-story, 260-unit multifamily development. Tentatively called The Icon, completion is scheduled for mid-2007. Hillwood will retain control the 10,000 square feet of retail space within the apartment complex. Next week, Hillwood will announce a new residential component called The House, which will sit on the southern side of Victory Park. The project will be led by Yoo Ltd., a London-based company run by renowned designer Philippe Starck and developer John Hitchcox.
Hicks said Victory is leading an urban renaissance.
"We're creating a city within a city," he said. "We're responding to demand from tenants that want to attract the best and the brightest employees, many of whom want to live in an urban environment. Companies concerned with upcoming labor shortages are looking hard at moving back downtown."
“We shape our Cities, thereafter they shape us.”
“We shape our Cities, thereafter they shape us.”
WoW! I'm definitely looking forward to hearing and seeing more about this Philippe Starck project. I love his work. This is definitely the signature Architect and hopefully architectural design Victory and Dallas needs for publicity. I don't see why Dallas can't be the new Chicago of the Southwest.
I wonder if the Yoo project is the "Victory Residential Tower J" that was mentioned back a bit.
According to the calculator, it's cheaper than my house. But probably a lot smaller.
Those units start in the $290,000 neighborhood. How much is your house??
Dallas uber alles
Oh, I was looking at the wrong numbers. so no, it's more expensive by $190,000 there. So much for a city of normal people. But then Dallas isn't really known for that.
^keeps out the rift-raft
No kidding. If you want normal, move to Mesquite.
Dallas uber alles
Yeah, but I think Lucky Strike Lanes usually sets up shop in some high-end mall or new development, like the Hollywood & Highland complex in LA. The web site says they're "coming soon to Grapevine." And there's nothing like that in Deep Ellum.
That's not normal. It's more like central Florida.
Aren't you from Mesquite?
Skeeter he fly high
Did anyone else see this nugget? There go the views at The Ashton.
didn't even notice that. Was wondering about this space the other day. I imagine that urban street appeal and suroundings will have to be the new advertisements as downtown views will be a totally different thing in 5 years.
Yeah, that one was easy to miss the last time it came up in the Lincoln 20-story office building thread. I added it to the 'pending projects II' list earlier today, when I was reminded of it again in this latest article. Easy to start missing all these announcements.
I didn't miss it there either, but thought they were referring to the St. Anns development (possible name change).
where is the original post?
Chall
Didn't think about it, but Rosewood are the Crescent and Mansion folks, right? Fancy residential perhaps?
Rosewood has that parcel slated for office building / retail. One of their exec's showed us the renderings for a 14-story office park.
Chall
Hillwood, Hines Set Bar at 25% Preleasing to Start 800,000-SF Project
By Connie Gore
Last updated: June 23, 2005 08:27am
DALLAS-Hillwood and Hines, setting up an inaugural joint venture, will be ready to break ground in early to mid-2006 on the first phase of an 800,000-sf, two-building office complex in Victory. The starting flag drops when the 400,000-sf One Victory Park shoots above the 25% preleased mark.
The partnership effectively is a 50-50 deal, Clayton C. Elliott, senior vice president for the Houston-based Hines, tells GlobeSt.com. Talks began a couple months ago, he says, citing Victory's coming of age as a premier mixed-use development as the incentive to strike a deal.
"They've got considerable gravity at that location," Elliott says about the under-construction W Hotel & Residences, 600 multifamily units, retail plans and the American Airlines Center anchor. "That type of environment took us from a generic site to a highly desirable site. That's what caught our eye."
Hillwood's strategy for nearly three years has been to secure top-notch development partners for the $3-billion-plus build-out of 75 infill acres flanking the Dallas CBD and stretching into Uptown. David Hicks, senior vice president of Hillwood Capital, says discussions were held with other office developers, but key to any decision was that Hillwood would continue to market and lease all space. "Hines was our first choice," he says, "given their expertise in mixed-use developments and green building design and cutting-edge technology."
Elliott says Hines will manage the office complex and Hillwood does get to lease it. Rent is proposed in the high $20-per-sf range. Designed by Dallas-based BOKA Powell, One Victory Park has an 18-month construction window. The 18-story building will rise at the corner of Lamar Street and Victory Avenue, two blocks south of the $420-million American Airlines Center.
For at least a year, Hicks has lobbied hard for a lead tenant to kick off a 600,000-sf office building in Victory. But, the coveted deal has yet to materialize. The Hines-Hillwood partnership now tosses the focus to the 800,000-sf complex with the powerhouse players planning to knock on doors together.
Hicks has built a pipeline totaling 650,000 sf--five tenants in the 50,000-sf to 180,000-sf category. He predicts the first deal will be signed in the fall. Hicks says the tenant round-up is being done from inside the CBD, Preston Center, LBJ Corridor and Las Colinas as well as outside the metroplex.
Hicks is sticking to the broker's mantra not to talk about unsigned deals. But, it's well-known in the marketplace that a number of significant headquarters deals are at play. Among those looking to stay or land in town are Fluor Corp., which is coming from California, and top-credit locals like Southwest Securities Inc., Texas Capital Bank, Blockbuster Inc. and the Patton Boggs law firm.
"Talks got under way because there is a considerable number of tenants in the market looking for alternative space," Elliott says. The partnership decision was mortared by Hillwood's reputation. "Hillwood is known for outstanding quality and vision and obviously they've got the dirt," he adds.
Elliott says the Victory project is one of three that Hines has in the works around the state. The development docket includes a $56-million hotel-condo project, Lakeside DFW, in Flower Mound, which is awaiting an incentive package from local officials. The 280-room hotel and 45 to 65 condos is the anchor for a 163-acre development by the Peter P. Stewart family and Pat Cornell of Cornell-Rader. Elliott says Hines also has plans working for Houston and Austin.
New pic
^ What is that?
“We shape our Cities, thereafter they shape us.”
^The victory building mentioned in the article above.
I attempted to include it, but my limited technical ability prevented me.
tough to see the details... wish we had a larger image- but looks nice at first squint.
that is opposite(west of the park) the Terrace and Vista buildings?
I like it better than what they originally had planned for that site. If it is the same site I am thinking of.
The real question is, what is that next to it? The House?
Probably just another office building (perhaps part of the same project). I believe the rendering is a view from 'The House' site.
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