It wouldn’t be spring without a groundbreaking celebration in the downtown Dallas area, and the city’s developers have already celebrated a few. Centurion American Development Group, the brain trust behind the $230 million restoration of The Statler Dallas hotel, recently took on another historic building redevelopment — and it’s curiously similar to the Statler project, this time involving the Cabana Motor Hotel.
So what is it about this building that attracted their attention?
The Cabana Motor Hotel at 899 North Stemmons Freeway, is about half the size of The Statler, but both were constructed in the same era — the late 1950s — and both have a distinctive chevron shape, like an open book standing on the bottom edge of its cover.
The old hotel is located in the Design District, directly across the freeway from Victory Park and American Airlines Center. Centurion American recently completed environmental abatement work, ridding the building of asbestos and stripping interior sections that are not original or historically significant. The developer is working with the Texas Historical Commission to ensure the renovation meets their standards for state tax credits.
The building ceased operating as a hotel long ago — for years it was used as a county jail. Centurion American wants to reopen the building as 262-room hotel with restaurants. There are also plans to construct a 140,000-square-foot apartment tower above the adjacent parking garage structure.
Nové at Knox
Southern Land Company broke ground last month on Nové at Knox, a 19-story, 310-unit luxury tower at 3031 Oliver Avenue in the Knox-Henderson neighborhood.
The word Nové is an Italian derivative of the number 19, representing the building’s height. The tower will include 41 junior suites, 159 one-bedroom apartment homes and 90 two-bedroom apartment homes. It tops out with 16 penthouses in the 18th and 19th floors, some with private terraces.
Residents will have access to several levels of above- and below-ground parking, along with private garage options. In-unit amenities include stainless steel appliances, personal washer/dryers, granite countertops and 10-foot ceilings. Common area amenities include a 10,000-square-foot private Charleston-style courtyard that features a dog park, outdoor seating and grills, connected to McKinney Avenue. On the fifth floor, Nové at Knox will have a resort pool with private cabanas complete with televisions, a fitness center, flex room and lounge.
Southern Land CEO Tim Downey said of the location that residents will enjoy being able to walk to local parks, the Katy Trail, and the shopping and dining spots that make Knox-Henderson an attractive pedestrian realm. Southern Land Co., a Nashville, Tennessee-based multifamily developer, partnered with GDA Architects on the tower, which is expected to open in 2019.
Residence at Park District
This next project is not a groundbreaking — in fact, it’s quite the opposite. High Street Residential, the residential subsidiary of Trammell Crow Company, opened the Residences at Park District in May. A joint venture development with MetLife Investment Management, Residences at Park District is located in front of Klyde Warren Park. The 34-story tower has 228 units and 13,396 square feet of retail space.
“The Residences at Park District is the only luxury rental tower situated on Klyde Warren Park, which provides our residents a unique opportunity to have Klyde Warren park as their front yard,” said Joel Behrens, principal with High Street Residential in a prepared statement at the grand opening.