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    Hotel News

    Magnolia hotel off US-75 in Dallas to get snazzy renovation, new name

    Teresa Gubbins
    Oct 18, 2019 | 1:42 pm

    A hotel off US-75 near SMU in Dallas, one that's easy to spot by its cool exterior mood lighting, is changing hands.

    The Magnolia Hotel Park Cities, located just north of Mockingbird Station, is being rebranded and renovated by Convexity Properties, a Chicago-based real estate investor, and will anchor a newly-formed 12-acre mixed-use development now known as Eastline.

    The new name: the Beeman Hotel at Eastline.

    The hotel, which is at 6070 N. Central Expwy. at the intersection of Twin Sixties Drive, will undergo a renovation that's expected to be completed by June 2020. It will remain open throughout the process.

    The name change takes place on Friday, November 1. Bye, Magnolia, hello Beeman. (Not to be confused with Beekman, which is a New York hotel that comes up if you google Beeman.)

    The project's benchmarks include:

    • update 297 guest rooms
    • add a café and grab-and-go market
    • add a lobby lounge, including a gastropub with live music

    Amenities will include 12,000 square feet of event space, a fitness center, business center and indoor pool.

    David Nelson, who leads Convexity Properties, says that the hotel "is designed for the traveler that wants a boutique, high-end experience but doesn't take themselves too seriously."

    And for those who love local lore, the new name has Dallas ties: It references James Beeman, one of the first to settle White Rock Creek in 1842.

    "We felt there was an opportunity to provide a proverbial nod to the entrepreneurial spirit of Dallas by naming the hotel after one of Dallas' first settlers, and to create a space that blends establishment with a bit of avant-garde," Nelson says.

    Convexity Properties has executed some other recent, high-profile hotel renovations including the award-winning Robey Hotel in Chicago and the historic Hotel Jerome in Aspen.

    To manage the Beeman, they've hired IntrigueTM, the independent lifestyle division of Dallas-based Interstate Hotels & Resorts. IntrigueTM also manages the Canvas in downtown Dallas.

    This hotel was originally a Radisson Inn. It became a Holiday Inn in 2012, then a Magnolia in 2015. Holiday Inn is the one to thank for the sweet lighting. They installed the cool light panels on the side of the building that faces out onto 75, transmitting eye-catching jewel-toned hues.

    The Beeman Hotel is part of Convexity's first phase in developing Eastline. In addition to the hotel and office buildings, Eastline will also have a 28-story luxury apartment tower, currently under construction and expected to open in 2021.

    Amenities include an indoor pool.

    Beeman Hotel
    Photo courtesy of Convexity
    Amenities include an indoor pool.
    hotels
    news/city-life

    in this economy?

    This is the salary you need to live comfortably in Dallas in 2026

    Amber Heckler
    Mar 25, 2026 | 9:11 am
    Money, salaries, SmartAsset
    Photo by Giorgio Trovato on Unsplash
    Single Dallasites need to make nearly $97,000 to live comfortably in the city, the report found.

    A 2026 report analyzing how much it costs to live "in sustainable comfort" in the biggest U.S. cities has found Dallas residents need to make $1,040 more than they did last year to live comfortably in the city.

    Dallas is tied with neighbors Garland and Irving at No. 72 in SmartAsset's national ranking of the cities with the highest salary needed to live comfortably in 2026, with single adult residents needing to make $96,970 a year to qualify as "financially stable." Last year, single Dallasites needed to make $95,930 to be considered financially stable.

    Families with two working parents and two children need to make a household income of $214,490 to have a financially stable life in Dallas, the report found. That's only $749 higher than what families needed to make last year.

    To determine the rankings, SmartAsset's analysts examined 100 of the largest U.S. cities and used the latest cost of living data – such as the costs for housing, food, transportation, and income taxes where applicable – from the MIT Living Wage Calculator for childless individuals and for two working adults with two children.

    For the purpose of the study, the 50/30/20 budgeting strategy was used to determine "comfortable lifestyle" costs for both individuals and families: 50 percent of income to cover needs and living expenses, 30 percent for "wants," and 20 percent for savings or paying down debt.

    Here's breakdown of a Dallas resident's comfortable lifestyle based on SmartAsset's findings:

    • $48,485 dedicated to needs and living expenses
    • $29,037 dedicated to wants
    • $19,358 dedicated to savings or debt repayment

    This is SmartAsset's interpretation of a comfortable lifestyle for families of four:

    • $107,245 dedicated to needs and living expenses
    • $64,347 dedicated to wants
    • $42,898 dedicated to savings or debt repayment
    SmartAsset said single individuals and families should compare the fluctuating local cost of living and their long-term goals to fully "understand the context" of their respective household incomes. But it's worth pointing out that a financially stable life in Dallas isn't quite attainable for many residents: The city had a median household income of $74,323 in 2024, according to the U.S. Census Bureau.
    Elsewhere in North Texas, the report found that families in Frisco and McKinney "are closest to a comfortable salary."
    "In Frisco, [Texas], the median household earns $145,444 – substantially higher than the national median of $83,730," the report's author wrote. "This figure also accounts for 63.1 percent of the $230,464 income a family of four in Frisco needs to live comfortably. In McKinney, TX, the $124,177 median household income accounts for 53.9 percent of the $230,464 needed."
    The two suburbs also tied with Plano for the 29th highest salary needed nationally to live comfortably in 2026. Single adults living in these cities need to make $109,242 a year to live a financially stable life this year.

    Fort Worth and Arlington tied for No. 68 overall, with single adults needing a $97,552 salary to live comfortably, and $217,235 for working families of four.

    cost of livingreportssalariessmartassetmoney
    news/city-life

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