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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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    news/real-estate

    rent report

    2 Dallas suburbs have the highest rents in DFW right now, report finds

    Amber Heckler
    Dec 3, 2025 | 5:11 pm
    SkyHouse Dallas apartments
    Photo courtesy of Simpson Property Group
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    After American shoppers spent $11.5 billion on Black Friday this year, it's safe to say many people are watching their wallets this holiday season, including renters. And a new report is shedding light on the North Texas cities that are shelling out the most for their rent.

    Zumper's newest monthly rent report, released December 2, analyzed active listings from the previous month across all cities in the Dallas-Fort Worth Metroplex. It tracked the most and least expensive rent prices for one- and two-bedroom apartments, and determines the cities with the fastest growing rents. Listings were aggregated by city to calculate median asking rents.

    Frisco and The Colony tied for having the highest rent prices in Dallas-Fort Worth in November. According to the study's findings, the median rent price for a single-bedroom apartment came out to $1,620 last month in both cities. In Frisco, that's $10 lower than what it cost for the same apartment in June.

    Frisco residents are expected to budget $3,491 for their holiday presents this year, WalletHub says, which means they might be watching their spending a lot more than other North Texas residents.

    For two-bedroom units, median rent prices in Frisco rose 3.3 percent from October to $2,200. A two-bedroom apartment in The Colony rose 0.9 percent month-over-month to $2,130.

    Grapevine's median rent prices were the third-priciest out of all cities in Dallas-Fort Worth. Zumper found that the median price for a one-bedroom apartment came out to $1,470, and two-bedroom units cost $1,840 in November.

    Dallas tied with Plano for the fourth-highest rents in the metro area, the report said. Single-bedroom units cost the same amount between both cities ($1,470) while two-bedroom units were more expensive in Dallas ($2,060) than in Plano ($2,030).

    For comparison, the price of one bedroom unit in Dallas was $30 cheaper in October, while two bedroom units cost $20 less than November's asking price. In September, asking rent for single-bedroom apartments added up to $1,480, while two bedroom units cost $2,100 per month.

    These are the median rent prices for one- and two-bedroom apartments across Dallas-Fort Worth:

    • Richardson – $1,420 for one-bedroom units; $1,750 for two-bedroom units
    • McKinney – $1,400 for one-bedroom units; $1,850 for two-bedroom units
    • Carrollton – $1,360 for one-bedroom units; $1,730 for two-bedroom units
    • Lewisville – $1,300 for one-bedroom units; $1,700 for two-bedroom units
    • Burleson – $1,250 for one-bedroom units; $1,620 for two-bedroom units
    • Weatherford – $1,240 for one-bedroom units; $1,370 for two-bedroom units
    • Irving – $1,220 for one-bedroom units; $1,650 for two-bedroom units
    • Fort Worth – $1,190 for one-bedroom units; $1,450 for two-bedroom units
    • Grand Prairie – $1,170 for one-bedroom units; $1,560 for two-bedroom units
    • North Richland Hills – $1,160 for one-bedroom units; $1,460 for two-bedroom units
    • Haltom City – $1,150 for one-bedroom units; $1,430 for two-bedroom units

    DFW cities with affordable rent compared to the statewide median
    Zumper found the statewide median rent for a one bedroom apartment came out to $1,126 last month.

    Cleburne had the most affordable rent for a one-bedroom unit in all of Dallas-Fort Worth, with median prices adding up to an even $1,000. The report also found that Cleburne's single-bedroom rent costs are 10.7 percent lower than they were a year ago. The median cost for a two-bedroom unit in Cleburne ($1,190) is 8.5 percent lower than it was in November 2024.

    Six more Dallas-Fort Worth cities had more affordable single-bedroom rent prices than the statewide median: Bedford ($1,110), Mesquite ($1,110), Hurst ($1,100), Denton ($1,090), Arlington ($1,080), and Benbrook ($1,020).

    dallasfort worthrentrent pricesreal estatehousing report
    news/real-estate
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