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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.

Beeman Hotel bedroom has some modern flourishes.

Beeman Hotel
Photo courtesy of Convexity
Beeman Hotel bedroom has some modern flourishes.
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Money Matters

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

Amber Heckler
Aug 13, 2026 | 1:30 pm
hundred dollar bills, money
Photo by Alexander Mils on Unsplash
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A new national report looking at the income it takes to live comfortably in each of the 50 states has revealed Texans need to earn slightly less now than a year ago.

SmartAsset analyzed what a single individual, as well as family of four, must earn to cover minimum basic needs adjusted using the 50/30/20 budgeting rule. The resulting estimate represents the annual, pre-tax income needed to live comfortably in every U.S. state.

A single, full-time worker needs to make $90,563 to live comfortably in the Lone Star State, the report found, which is down a meager 0.2 percent from last year ($90,771).

Under the 50/30/20 budgeting strategy, that means a single Texas earner would have $45,282 to spend on necessities like housing and utilities, $27,169 for discretionary spending, and $18,113 for emergencies or retirement savings.

Texas ranked 34th nationally in SmartAsset's list of states with the highest income needed for a single adult to live "in sustainable comfort" in 2026. Only five other states — Tennessee, Maryland, Louisiana, North Carolina, and Mississippi — saw a decline in the income needed to live comfortably this year.

For a family of four to live comfortably in Texas, income requirements change significantly, according to the findings. To support a two-child household, a family needs $203,424 in combined total household income to be considered financially stable. This is down slightly from 2025, when SmartAsset reported a family of four in needed $204,922 to live comfortably in Texas.

This is a comfortable lifestyle for a family of four in Texas, according to the report:

  • $101,712 dedicated to necessities and living expenses
  • $61,027 dedicated to discretionary spending
  • $40,685 dedicated to emergencies, savings, or debt repaymen

According to the report, a family of four now needs to make at least $200,000 to live comfortably in 40 U.S. states, a figure that is far out of reach for many American families.

"As housing, grocery, transportation and other essential costs pressure household budgets, earning a six-figure salary no longer guarantees financial comfort in much of the U.S.," the report said. "A single adult now needs at least $80,000 a year to live comfortably in every state, while the threshold exceeds $100,000 in nearly half of states. For a family of four, the income needed to live comfortably is as much as $329,000."

Still, earning the minimum income to live comfortably in Texas doesn't guarantee financial stability in the Lone Star State's major cities. Earlier this year, SmartAsset determined single residents in Dallas need to make nearly $97,000 to qualify as financially stable, while families of four need about $214,500.

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