Knox Street News

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

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.

Prep to Protest

Texas homeowners have one month to protest and lower their property taxes

Jessie Street home front Austin tour of remodeled homes

Photo courtesy of Austin NARI Tour of Remodeled Homes

Here's how Texans can correct their property taxes when they feel their home appraisal is too high.

Texans who are unhappy with their home appraisal this tax season have a chance to do something about it if they get the process going in the next month. The deadline for most people to protest their property valuation — thus lowering their property tax — in Dallas County is May 15.

If you haven't done it before, don't worry: There are steps to follow online and companies that do it for you at no cost unless you save money.

Why protest?
Texans pay the 7th highest property taxes in the country, according to personal finance website WalletHub. If your county has overappraised your home, you are paying more than you need to in property taxes.

Protests are especially important and easy for people who closed on their homes in the past year, because the value of the property upon sale is accepted as the true value of the property. This assumes that if the property were worth more, it would have sold for more. The more recently the home sold, the more likely it is that homeowners haven't meaningfully altered the property since the purchase.

Submitting a protest is free, and there is almost no risk in doing so. The Appraisal Review Board is prohibited from raising the property value in a hearing. Homeowners may decide it's not worth their time if their appraisal barely changes and they don't save a significant amount of money.

When to submit
Most homeowners whose home has increased in value according to the county should have received a Notice of Appraisal in the mail by now. It tells them how much the county believes their home is worth this year. To check online, homeowners can search for their property at dallascad.org.

The deadline to submit a protest is May 15 or 30 days after the notice is mailed — whichever comes later. However, the notice may have been lost or delivered to the wrong place, so it is important to check before May 15 just in case. Notices are also sent later for property owners whose primary residence is somewhere else.

There are lots of ways homeowners can try to prove their home value has not increased, or even that it has decreased due to damage on the property. Whether the evidence is photos of damage or "comps" around the neighborhood — comparing the home's value to others of a similar quality in the same area — homeowners submitting their claim themselves should be prepared to meet with an appraiser or even a review board.

Set it and forget it
Homeowners who don't want to deal with the paperwork, phone call, or hearing can hire service to protest on their behalf. For them, savings are essentially passive income; the service uses data from past years and the surrounding neighborhood to argue the client's case. It is easy to find a service that works on a contingency fee, so the cost is only a portion of the successful savings. Ownwell is a popular choice, but it's not the only one.

Finally, homeowners should also make sure they're not leaving money on the table by applying for a homestead exemption. This is available to people who own the homes they live in, as opposed to people who own homes and rent them out to others. It subtracts $140,000 from the total valuation of the home before applying the tax rate.

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