New Boutique Hotel

Magnolia Hotel plants a second Dallas location in Park Cities

The Magnolia Hotel in downtown Dallas, recognizable for its red neon Pegasus on the roof, will soon get a sibling with the opening of a new Magnolia Hotel near SMU in the Park Cities.

Stout Street Hospitality, which operates the Magnolia hotel brand, announced that the Park Cities accommodations will open on June 15. It takes over the former Holiday Inn Dallas Central - Park Cities location at 6070 N. Central Expy., across the highway from the George W. Bush Presidential Center and just north of Mockingbird Station.

Stout Street has been managing the property owned by Dallas-based TriGate Capital for two years. Trigate plans to make more than $2 million in renovations to turn the property into a 293-room boutique hotel that meets the Magnolia brand standards.

“We believe transitioning to the Magnolia brand is going to elevate the property for the local community, as well as for business and leisure travelers,” said Jon Pettee of TriGate in a release. “We believe the Magnolia brand will broaden the appeal of the hotel for business and social functions in the Park Cities area.”

Upgrades include a new water feature that will be a focal point of the hotel, new bedding and soft goods, and new furniture and décor. The renovation is the second phase of TriGate’s overall $11 million re-investment in the property; the rooms, restaurant, lounge and meeting space already have been updated.

The hotel features more than 12,000 square feet of meeting and event space, as well as complimentary shuttle service to Dallas Love Field Airport and the surrounding area.

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GP News

Grand Prairie expands to the south with new master-planned community

Rendering courtesy of Provident

Goodland Grand Prairie

The City of Grand Prairie is growing fast and expanding to make way for a new master-planned development south of US Highway 287 and along Tollway 360, in Ellis and Johnson counties.

The community development, called Goodland, is the result of Grand Prairie’s recent 1,500-acre annexation extending its southern border toward Mansfield. Overall, with the added land, Goodland will be a 5,000-acre site featuring 15,000 residences including townhomes, custom homes, and gated communities for 50,000 residents.

According to a release, it will be a “city within a city” and a 45-minute drive from Dallas-Fort Worth. Beyond housing, there will be shops, restaurants, schools, public and private event venues, regional sports fields and complexes, dance halls, churches, trail systems, city parks, ponds, and preserved green spaces.

“This is a significant step in our city’s development,” says Grand Prairie Mayor Ron Jensen in a statement. “Unlike many of our neighboring cities, we have the unique advantage of new development opportunities to our south that will drive the growth and prosperity of our city. We recognized the opportunity and took decisive action.”

Leading the development is Provident, a Dallas-based real estate firm that has created other master-planned communities across Dallas-Fort Worth, such as Preston Hollow Village and Hillstead in Collin County. Provident has plans to work nature into the space design with more than 1,600 acres of creek corridors and floodplain land.

Plans are ongoing for a centralized mixed-use walkable Town Center, complete with civic buildings and other commercial development. Further south on the property near Highway 67, light industrial uses and other private employment campuses are already underway, projects that will contribute vital tax dollars for city growth and future expansions.

“This level of placemaking is quite rare, and certainly not easy to execute, especially in a brand-new community," says Provident Managing Director Rylan Yowell in a statement. "We are committed to a long-term vision with a desire to be good stewards of the land."

A new four-lane road called Goodland Parkway will link Goodland to Grand Prairie at Tollway 360 and US Highway 287. It's set to open by December 2025.

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