Downtown Dallas is on track to welcome in three new towers, including hundreds of new apartments, tens of thousands of square feet of retail space and a large office building. The project is slated for one of the area’s largest vacant properties.
An Atlanta-based real estate developer recently purchased about five-acres just across from the Arts District at Ross Avenue and Routh Street. One of the new buildings is an office tower, while the other two buildings will be residential towers.
When finished, the site will include 45,000 square feet of retail space, 700 new apartments and an office building. Originally, the land was slated for another large tower that was going to be part of a larger complex, but that project fizzled out.
Work on the three new towers could begin sometime in 2022. When finished, they could help form one of the largest mixed-use projects in Downtown Dallas.
The same developer has a couple of dozen other projects in several big markets right now, including Austin, Atlanta, Salt Lake City, Charlotte and Nashville.
Posted by Kenneth G. Cox on
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