Downtown Dallas had the greatest genuine estate headlines this week

Just due to the fact it’s the vacations does not mean the North Texas genuine estate market place is using time off.

A flurry of new design plans and assets improvements manufactured headlines this 7 days.

Phrase is that a single of downtown Dallas’ greatest office environment skyscrapers is established for a redo in 2022. The 49-story Power Plaza on Bryan Road was constructed in the 1980s as a home for Arco Oil & Fuel.

Additional a short while ago its housed workplaces for the Federal Deposit Insurance Corp and at a single time TXU Strength.

Now the extra than 1 million sq.-foot high-increase intended by architect I.M. Pei and Partners is scheduled for a renovation that would transform aspect of its empty offices into flats, arranging documents submitted with the point out exhibit.

One more landmark downtown Dallas skyscraper is for sale.

The 50-tale Trammell Crow Centre has been a standout on the city’s skyline considering that it opened in the 1980s.

Right after a modern $135 million makeover, the Ross Avenue place of work tower is a lot more than 90% leased.

Now owner New York-primarily based JPMorgan Asset Management has employed business home organization Cushman & Wakefield to market place the massive tower for sale.

The Trammell Crow Heart is just a block absent from downtown’s 55-story Chase Tower at Ross and Pearl Street.

The 1.3 million square-foot office environment tower opened in 1987.

Two original tenants in the creating – Chase Bank and the Petroleum Club – have introduced ideas to go away the tower for a new locale in Hunt Consolidated’s headquarters making at Akard Road and Woodall Rodgers.

The Dallas-Fort Well worth space office environment setting up binge continued to get steam with two new suburban buildings.

Developer Billingsley Co. has broken ground on the most current place of work building in its 300-acre Worldwide Organization Park positioned near the northwest corner of the Dallas North Tollway and Bush Turnpike.

The 5-tale, 250,000-sq.-foot business office setting up was built by architect GFF and is currently being developed by common contractor Adolfson & Peterson.

Out west in North Fort Worth’s 27,000-acre AllianceTexas enhancement, Hillwood is ready roll on a speculative office job.

The 135,000-square-foot Hillwood Commons II will be a created near Interstate 35W in the Alliance City Center.

GFF made that a single, far too, with an opening set for early 2023.