A mixed-use project is going to be starting next year at DFW’s Uptown. Trammell Crow Co and Metropolitan Life Insurance are developing the Uptown mixed-use project. Crow and MetLife want to build a 2-tower complex that would over look Klyde Warren Park at the Woodall Rodgers Freeway and Pearl Street.
The mixed-use project is intended to include a residential tower and an office building which will hold offices, apartments and restaurants. Here is a look at what you can expect from this exciting project coming to DFW in 2015.
What to Expect
The plans for the new mixed-use project are to add a 2-tower complex with a 30-story residential tower and a 20-story office building at the entrance to Uptown. The City of Dallas says that the development be located on the site of the Chase motor bank which is across from the Federal Reserve Bank of Dallas.
When to Expect It
The project hasn’t been formally announced by Crow yet but Kurt Day from MetLife mentioned the pending project at a panel hosted by the CBRE Group. Day had told the audience that they are betting on the future of Dallas that MetLife believes in. He told the audience that he’s confident in project being solid based on what he’s seen in the Uptown office market. He gave the example that rent has increased 25-30% in just the last 18 months.
The three building project will take place sometime in 2015. It’s going to be designed by Architect HKS Inc. to contain 275 luxury apartments, 20,900 square feet of restaurant space and 513,000 square feet of office space. The project is targeting high-end urban renters with the luxury apartments and providing space for businesses and restaurants to take residence.
This mixed-use project will be beneficial to both businesses and individuals.