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    Knox Street News

    Construction begins on Dallas' Knox St project with Auberge Resorts luxury hotel

    Teresa Gubbins
    Dec 5, 2023 | 2:24 pm
    Knox Street development

    Hotel and residences coming to Knox Street in 2026.

    Rendering courtesy of Trammell Crow

    Construction has begun on a massive mixed-use development in the Knox Street neighborhood that will include a hotel, office, residential, restaurants, and retail.

    The project is a joint venture partnership of MSD Partners, Trammell Crow Company, The Retail Connection, and Highland Park Village Associates. It sits on a four-acre site adjacent to the Katy Trail and according to a release is expected to open in 2026.

    Upon completion, it will total one million square feet of mixed-use space, including a hotel managed by the Auberge Resorts Collection.

    The components are as follows:

    The Knox Hotel and Residences: Managed by Auberge Resorts Collection, the Knox Hotel and Residences will consist of a 140-room hotel and 48 ultra-luxury condominiums ranging in size from 2,500 square feet to more than 15,000 square feet.

    The hotel is designed by Martin Brudnizki Design Studio and will include restaurants, bars, lounges, event spaces, and a full-floor spa and wellness destination connected to an outdoor pool and bar with views of downtown Dallas.

    The residences are designed by Dallas-based interior designer Chad Dorsey and will feature private residential amenities including a clubroom, bar & lounge, entertaining spaces, fitness center, and indoor pool. Allie Beth Allman & Associates is the listing agent for the residences and according to the release has overseen a highly successful pre-sale launch.

    Office space: Fronting Knox Street, the development’s 150,000-square-foot office building will rise nine stories above two floors of retail and restaurants. Dallas-based ISN Software Corporation will anchor the office building, leasing the top four floors. Office amenities will include a fitness center with locker rooms, tenant lounge, and café. A CBRE team led by Dennis Barnes is handling leasing for the remaining office space.

    Retail and restaurant space: The Knox Street development will provide more than 100,000 square feet of ground-floor and second-story retail and restaurant space, which will be leased to a mix of local and national operators to bring in shopping, art, culinary, and health & wellness experiences. Stephen Summers and Kaitlin Travis with Highland Park Village Associates are leading the retail leasing for the project, which is now underway.

    Multifamily Residential: The development will include a 27-story, 173-unit multifamily building featuring expansive amenity spaces, ultra-luxury interiors, and oversized balconies.

    Park: The development will be anchored by a half-acre park with a direct connection to the Katy Trail.

    "We are thrilled to have reached this important milestone and to begin construction on what we believe is the most exciting mixed-use development in Dallas," says MSD partner and head of real estate Coburn Packard in a statement. "The project reflects our commitment to creating incredible spaces and experiences, and we look forward to bringing our vision for Knox Street to life."

    TCC managing director Joel Behrens says that, “with its array of premier offerings in an irreplaceable location, this project is positioned to fill a void in the Dallas market and cater to the unmet demand for world-class, mixed-use space in the city.”

    Roll the credits: The New York office of Australia-based Woods Bagot is leading the design of the hotel and residences, while New York-based Kohn Pedersen Fox (KPF) is designing the office building. Dallas-based HKS is the architect of record and OJB Landscape Architecture is designing the green space. Balfour Beatty and Andres Construction are providing construction services, JLL Capital Markets served as financial advisor, and construction financing is being provided by Plano-based Beal Bank.

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    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).

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