When you think of real estate development, it’s sometimes easier to remember loud construction noises and bad traffic before considering the positives. In a city like Dallas, with new buildings emerging at every turn, it might feel like the city’s in a perpetual state of development with no real end in sight.
Luckily, once the projects finish it’s easy to forget the downsides. As the city grows, we can look forward to easier travel routes, new retail and business opportunities, and the renovation of historic landmarks — all thanks to new development. Still, it’s hard to keep track of everything in town, so here’s a list of Dallas projects we think will be worth the wait.
Dallas High School
Up until recently, the 110-year-old Dallas High School building was just an empty landmark pointing you towards the Pearl Arts District DART station. But after being acquired by the commercial real estate firm Matthews Southwest, the 35,000 square foot building will be transformed into a mixed-use retail and office space. The renovations are slated to be completed in the next year.
Factory Six03 (West End Market)
The massive property on Munger Avenue and Woodall Rodgers Freeway aims to combine elements of the historic neighborhood with its new tech-friendly persona. Plano-based developers Granite Properties have plans for mixed-use space with office and retail, including restaurants and a coffee shop as just a few of the tenants for the 237,000 square-foot building.
Klyde Warren Park Phase II
Half a decade after its initial completion, Klyde Warren Park is ushering in a second phase for the development, one that will include a parking garage, larger playgrounds and a space for an ice rink. The expansion will also include a multi-level event space, a restaurant, and pedestrian walkways extending out of the Dallas Arts District and Perot Museum. The project’s completion date is estimated in 2019.
The Epic Deep Ellum
While Deep Ellum maintains its reputation for being an arts and entertainment hub, a lack of substantial retail and temporary lodging options have become an increasing concern for visitors. To answer this dilemma, the corner of Good-Latimer Expressway and Elm Street, at the former site of the Knights of Pythias Temple will be transformed into apartments, offices, a hotel and retail space. The project, called The Epic, is the work of Westdale Properties, and KDC, and is currently underway.
Joining the major changes taking place in Deep Ellum is a project that aims to improve travel routes between the region and the Central Business District. While I-345 remains a hot button issue between developers and advocates for South Dallas neighborhoods, the finished product, regardless of its incarnation, will change the landscape of this part of the city. Construction is currently underway, despite ongoing efforts to remove the structure completely.
Interstate 75 North
Traveling north on Interstate 75 may seem like a complete nightmare now, but the finished product aims to eliminate congestion near President George Bush Turnpike and Central Expressway. The construction is a collaboration between DART, TxDOT, NTTA, Plano and Richardson, and is slated to be finished by next year.