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    Downtown Development

    Klyde Warren Park to get companion mixed-use high-rise in downtown Dallas

    Jennifer Chininis
    Jan 8, 2015 | 11:59 am

    More high-rise development is in the works for the Dallas Arts District, courtesy of Trammell Crow Company and joint venture partner MetLife. Dubbed Park District, the 916,000-square-foot mixed-use project will include an office tower, luxury residential tower, ground-level retail, below-grade parking and a plaza.

    The project, designed by Dallas-based HKS Architects, will sit on the 3-acre parcel between Pearl Street, Olive Street and Klyde Warren Park. Speaking of KWP, the landscape architecture firm responsible for the park’s award-winning design, the Office of James Burnett, will handle the design of Park District’s plaza.

    Building is expected to start this year.

    The 19-story Park District Tower on Pearl will feature more than 500,000 square feet of office space and 9,000 square feet of retail at the base. Expect multiple outdoor terraces, state-of-the-art fitness facility and a grand lobby with “luxury hotel-like space” for informal meetings.

    As for the residential part, Trammell Crow Company’s residential subsidiary, High Street Residential, will develop the 32-story Residences at Park District on Olive. It will have approximately 255 residential units and 13,000 square feet of retail space fronting Klyde Warren Park. Residents will have access to an amenity deck with a pool overlooking KWP, fitness center, valet and concierge services. Second-level retail design will take cues from the architecture of the office building with a signature cantilever, providing ground-level shade and views of the park.

    The overall design of Park District will emphasize its connection to Klyde Warren Park, with wide sidewalks, park-like landscaping and walkable plaza. The vast majority of the office, residential and visitor parking will be located underground so as not to interfere with the existing fabric of the neighborhood.

    “Park District will be a one-of-a kind project that will further connect the Arts District, downtown, and Uptown, providing tenants, residents and the public a unique way to experience Klyde Warren Park and the city,” said Scott Krikorian, senior managing director with Trammell Crow Company’s Dallas-Fort Worth Business Unit, in a release.

    “This project began almost 10 years ago when we bought a small well-located parcel of land in Uptown,” added Kurt Day, director and regional head of real estate in MetLife’s Dallas office. “Uptown’s evolution and the effects of Klyde Warren Park over the last few years have been exciting, and we think Park District will raise the bar to the benefit of Uptown residents and workers.”

    unspecified
    news/real-estate

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    Moving north

    $1.5 billion development with working farm takes root in booming Anna

    John Egan
    Mar 27, 2026 | 10:30 am
    Anna, Texas
    Facebook/Anna
    Anna is a fast-growing city north of Dallas.

    The fast-growing Dallas-Fort Worth suburb of Anna, once a small farming community, is poised for even more population growth with the addition of a $1.5 billion master-planned community.

    Real estate investment firm Tellus Group broke ground Wednesday, March 25, on the more than 970-acre project, called Sherley Farms. Tellus is marketing the development, located in Collin County, as a wellness-focused, master-planned community with about 3,000 homes and an actively managed organic farm.

    First-phase homebuilders are Bloomfield Homes, DRB Homes, Drees Custom Homes, Highland Homes, Homebound, Olivia Clarke Homes, and Perry Homes. The initial model homes will be finished in the spring of 2027.

    The Sherley Farms site is five minutes from U.S. Highway 75 and near downtown Anna, which ranked fifth among U.S. cities for population growth from 2023 to 2024. As of July 1, 2024, Anna’s population stood at 31,986, up 14.6 percent from the same date in 2023 and up 183 percent from 2016. Anna’s population is projected to hit 100,000 by 2050.

    One standout aspect of the project will be a 65-acre organic farm that supplies fresh produce. Tellus says the “working” farm will serve as an “agricultural anchor and gathering place.”

    “Sherley Farms reflects our belief that the future of community development is rooted in wellness, connection, and a deep respect for the land,” says Craig Martin, founding partner and CEO of Tellus Group.

    Sherley Farms Facebook/Sherley Farms

    Anna started as a farming community in 1883. But in recent years, it has transformed into a rapidly growing suburb with more than 7,700 households as of 2024.

    Aside from homes, the first phase of Sherley Farms will include an amenity center with a resort-style pool and a portion of the planned green space.

    “Sherley Farms is a meaningful investment in Anna’s future, expanding our tax base, attracting new residents, and driving long-term economic growth,” says Kevin Toten, Anna’s mayor pro tem. “This project will generate new economic activity, support local businesses, and strengthen Anna’s position as a destination for high-quality development in North Texas.”

    In addition to Sherley Farms, Tellus is developing the Mosaic master-planned community in Celina, the Mirabella gated community in Prosper, and the Meraki master-planned community in Forney. Tellus was the principal developer of the $3 billion Windsong Ranch master-planned community in Prosper.

    dallas suburbsannamaster-planned communitydevelopment
    news/real-estate
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