Dallas Rising

See how dramatically the Dallas skyline has changed since 2007

Dallas skyline in mid-2015.

Those of us who have lived in Dallas for the better part of the last decade have seen some dramatic changes in downtown, Uptown and the Design District. But still it’s hard to believe the time-lapse photographs we stumbled upon at Rentcafe.com.

The nationwide apartment search website turned to Google Street View to help visualize Dallas’ vertical transformation, thanks to properties such as Perot Museum of Nature and Science, Museum Tower, SkyHouse Dallas, and Alta Design District. See for yourself:

Perot Museum of Nature and Science
The $95.6 million, 180,000-square-foot Perot Museum opened in late 2012. Designed by Morphosis Architects, the building has unique features such as a 54-foot, continuous-flow escalator contained in a 150-foot, glass-enclosed, tube-like structure.

SkyHouse Dallas
Completed in 2014, the 24-story, 336-unit tower sits in the heart of Victory Park, at 2320 N. Houston St., offering easy access to shopping, dining, American Airlines Center and Katy Trail. The building also features a rooftop lounge with a saltwater pool.

1900 McKinney
Designed by famed architects Gromatzyi Dupree and Associates, the 27-floor, 230-unit rental tower was completed in 2009 and was the first multifamily residential tower to become LEED certified in the Dallas-Fort Worth area. 1900 McKinney includes amenities such as a rooftop swimming pool, clubhouse and seven-level parking garage.

Across the street is 2000 McKinney, which has approximately 442,355 rentable square feet spread over 21 stories. Also visible in the far right of the image is Granite Properties’ 17Seventeen McKinney.

Park Seventeen
Completed in 2010, the 19-story 17Seventeen McKinney shares a full city block with Gables at Park 17, a 26-story residential tower comprising 292 luxury apartment homes. Both LEED-certified properties were designed by Good Fulton & Farrell Architects. The 42-story Museum Tower can be seen in the distance.

Saint Ann Court
Finished in 2009, the office building features 320,000 square feet of leasable space on 26 floors. Designed by Los Angeles-based Shimoda Design Group, Saint Ann Court is the sixth phase within the 17-phase Harwood District.

Alta Design District, 1400 Hi-Line
Located at 1531 Inspiration Dr., Alta Design District provides residents with a contemporary living environment in a convenient location. The nearby 1400 Hi-Line also offers easy access to the area’s shopping and dining destinations, as well as the Katy Trail. The 23-story, 314-unit multifamily community includes premier amenities such as a saltwater infinity-edge pool and rooftop park.

Dee and Charles Wyly Theatre
The 12-story Wyly Theatre opened in 2009 a part of the AT&T Performing Arts Center that also includes the Margot and Bill Winspear Opera House, Annette Strauss Square, and Elaine D. and Charles A. Sammons Park. Also pictured (center) is the KPMG Plaza Hall Arts, which is on track to be delivered in summer 2015. It’s the new home for tenants such as Jackson Walker, UMB Bank, Hall Financial Group and Stephan Pyles.

Omni Dallas Hotel
The 23-story hotel, connected via sky bridge to the Dallas Convention Center, has more than 1,000 guest rooms and suites and 110,000 square feet of event space. The spa isn’t too shabby, either.

Museum Tower
Completed in 2013, the controversial 42-story neighbor of Nasher Sculpture Center consists of 115 residential condominiums, ranging from 1,650 to 8,700 square feet.

One Victory Park
Built in 2008, the 17-story office tower provides 445,000 square feet of premier office space. Across the street from One Victory Park is luxury high-rise condo building The House.

---

Photos and information courtesy of Rentcafe.com.

downtown uptown

Big deal

Houston investor acquires Bishop Arts mixed-use portfolio in $170M deal

Photo courtesy of Hines

Michelin-recognized Written by the Seasons is one of several Bishop Arts businesses acquired by a Houston-based investor.

A Houston investor has snapped up a mixed-use portfolio of nine buildings in the Bishop Arts District, the second Bishop Arts property acquisition since August.

Hines Global Income Trust told CultureMap it paid more than $170 million for a mixed-use complex with 539 apartments and 49,000 square feet of high-end shops. The Bishop Arts Portfolio, as Hines refers to the real estate package on its website, sits on almost seven acres.

“Bishop Arts is a special place, shaped by the care and investment of its prior ownership. We see our role as building on that foundation through thoughtful ownership and Hines’ integrated operating platform,” Corbin Eckel, managing director at Hines, told CultureMap.

Hines identified the seller as Dallas-based Exxir Capital. Exxir developed Oak Cliff's 750,000-square-foot, two-block Bishop Main Street area, which features retail, residences, and offices, and includes the properties acquired by Hines.

Tenants of the newly acquired properties include:

Italian restaurant Lucia, a Michelin recommended restaurant.
Michelin-praised Written by the Seasons, which serves a New American menu.
Paradiso, a Southern European-inspired eatery.
Bar Eden Lounge, a swanky cocktail bar.
Village Baking Co., an artisan bakery.

Hines is taking over all leases at the residential properties:

Bishop North, 200 N. Bishop Ave.
Bishop Canopy, 515 W. 10th St.
Bishop Flats, 305 and 431 Melba St.
Treehaus, 211 W. 10th St.
Retail at 308 and 275 N. Bishop Ave.; 404, 332, 336 and 337 Melba St.; and 403 and 321 W. Ninth St. Altogether, the portfolio’s retail component comprises 22 tenants.

The Hines deal comes two months after Dallas-based investor 90Ten purchased 301-321 N. Bishop Ave.301-321 N. Bishop Ave. in Bishop Arts. Tenants include burger diner Hunky’s, Italian pastry and coffee purveyor Palmieri Café, vintage clothing store Dolly on Bishop, gift shop Kawaii Candle Co., and cosmetics retailer Simply Bella.

bishop arts hines global income trust dallas real estate commercial real estate residential oak cliff real estate