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    High-Rise Haven

    Dallas to get dreamy new boutique hotel in Uptown

    Teresa Gubbins
    Oct 12, 2013 | 10:22 am

    Uptown Dallas is about to get another boutique hotel. Dream Hotels and its New York-based parent group, Hampshire Hotels Management, announced its intent to open a 16-story, 128-room property at Bowen Street and McKinney Avenue in winter 2015.

    "Dallas has been hungry for a sophisticated yet fun place like this in Uptown for quite some time," said spokesperson Scott Black. "This particular location on McKinney Avenue is at the heart of Uptown Dallas."

    The Ritz-Carlton, Dallas or Hotel ZaZa might feel differently, although both of those hotels are located a few inches closer to downtown. Other hotels in the area include the Crescent and the Stoneleigh.

    Dream Dallas will have three concepts:

    • A 6,000-square-foot ground-level restaurant
    • Lofted pool deck
    • A 14,000-square-foot lounge with views of the downtown Dallas skyline

    Black did not identify the restaurant operator but described the players as a "dream team."

    "To create an upscale and entertaining venue for North Texas visitors and residents alike, we assembled a dream team with expertise in both the hotel and food and beverage side of the business," he said. "Our goal is to make the new Dream Hotel in Dallas a worthy rival for the best venues in Dubai, Las Vegas and New York."

    Hampshire Hotels recently announced its plans to complete the world's tallest hotel in Dubai. The company has a history of "highly activated restaurant and nightlife environments" — sounds cozy! — by partnering with groups like Strategic/Tao Group, Serafina Restaurant Group, Starr Restaurants and Addison Hospitality, as well as alliances with celebrity chefs like Geoffrey Zakarian and Todd English.

    Although nightlife is an important part of the Dream formula, getting a good night’s rest is key. To that end, rooms will feature the signature Dream bed in a setting that reflects a combination of New York loft sensibilities with elements that are uniquely Texan.

    "We see huge opportunity in Dallas. It's one of the most cosmopolitan and fashion-forward of Texan cities," said Brendan McNamara of Hampshire Hotels. "I’ve always found it odd that there is such a relative vacuum of design-oriented, lifestyle hotel products there.

    "Dallas also offers up inspiration for a whole new twist on our design ethic," he said. "We are looking forward to turning some heads and shaking up the scene a bit."

    Dream is informed by a design philosophy that is contemporary, daring, surreal and chic. Properties are highlighted by whimsical public spaces that mimic dream sequences and serene accommodations lit to lull the guest to sleep. Cosmopolitan yet comfortable, luxurious without being fussy, Dream hotels are remarkable for their genuine connection to the distinctive character of each locale, from New York’s thriving theater district to the colorful soi of Bangkok.

    The brand and parent company Hampshire Hotels Management recently entered into an agreement with Wyndham Hotel Group, the world’s largest hotel company, in which Wyndham gained exclusive rights to franchise the Dream brand globally. Dream hotels will leverage Wyndham’s reservations system, loyalty program, and extended reach of sales and marketing professionals designed to further expand the brand.

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    millennial magnet

    Dallas ranks among 15 hottest U.S. metros for millennial homebuyers

    Amber Heckler
    Jul 20, 2026 | 11:16 am
    Millennial movers, moving
    Photo by Vitaly Gariev on Unsplash
    Dallas is one of the 15 hottest destinations for millennials.

    Dallas and its surrounding cities have already proved to be a magnet for millennials, and now a new national housing report has established the city as one of the 15 hottest destinations for millennials, whose local homeownership rate has soared since 2018.

    The number of millennials who own their homes in Dallas has grown from 229,497 to 451,826 households over the last five years (96.9 percent), according to a new housing analysis from RentCafe.

    The study compared homeowner growth rates versus renter growth rates of millennials — based on Pew Research Center's definition as individuals born between 1981 and 1996 — across 107 U.S. metro areas from 2018 to 2023.

    Dallas ranked No. 15 in the overall list of U.S. metros that have seen the highest increase in millennial homeowners since 2018. About 47 percent of all Dallas-area millennials own their homes, with the remaining 53 percent renting, the report found.

    "The top 20 metro areas with the greatest increases in Millennial homeownership are led by sunny regions in Florida and California," the report said. "Unexpected urban hubs such as Dallas, San Antonio, Philadelphia, and New York also made the list with ownership growth rates reaching 90 percent or higher."

    Dallas also ranked 27th in the national list of cities with the biggest growth rates among millennial-age renters. The number of millennial renter households jumped from 465,560 to 507,416 in five years, a 9 percent hike.

    About 5.3 million millennials have become homeowners over the last five years nationwide, RentCafe's analysts said, which represents a massive 74 percent increase in millennial-owned households. The growth rate of renters was much lower in comparison.

    "At the same time, the number of millennial renters in the U.S. rose by a modest 5 percent, adding approximately 600,000 households," RentCafe said. "This brings the total number of millennial homeowner households to 12.4 million, close to the 12.6 million millennial renter households."

    While the rate of millennial homeowners is on the rise, the same can't be said for Gen Zers. About 12 percent of all Gen Z households in Dallas-Fort Worth own their homes, while the vast majority are renters, a separate RentCafe study found.

    Elsewhere across the state, Austin (No. 7) and San Antonio (No. 10) ranked among the top 10 U.S. cities with the biggest growth rates among millennial homeowners.

    The top 10 U.S. metros with the highest gains in millennial homeowners are:

    • No. 1 – North Port, Florida
    • No. 2 – Lakeland, Florida
    • No. 3 – Jacksonville, Florida
    • No. 4 – Stockton, California
    • No. 5 – Oxnard, California
    • No. 6 – Palm Bay, Florida
    • No. 7 – Austin, Texas
    • No. 8 – Tuscon, Arizona
    • No. 9 – Deltona, Florida
    • No. 10 – San Antonio, Texas
    rentcafestudyreal estatehousing reportmillennialsdallas
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