Coming Soon

Landmark mixed-use development to rise in Preston Center Dallas in '28

8300 Douglas is slated to open in 2028.

Rendering courtesy Ramrock/HKS

A new skyline-defining development is set to rise in Preston Center: 8300 Douglas, a mixed-use project blending office, residential, and retail that's scheduled to open in 2028.

Developed by Ramrock Real Estate in partnership with Lincoln Property Company, the project will feature a 12-story office tower with roughly 300,000 square feet of premium workspace alongside a 17-story residential tower offering 147 high-end units. The development also includes 24,000 square feet of ground-floor retail and restaurants anchored by a 35,000-square-foot rooftop park.

“After years of deliberate preparation, we are thrilled to finally break ground on 8300 Douglas,” says Robert Dozier, president of Ramrock Real Estate, in a release. “This project is a transformational moment for the neighborhood — it’s the definitive step in creating the vibrant, walkable environment Preston Center deserves.”

Designed by Dallas-based HKS Architects with interiors by Michael Hsu Office of Architecture and SJL Design Group, and landscaping by OJB Landscape Architecture, 8300 Douglas aims to set a new standard for live-work-play environments in Dallas.

Developers say the project will prioritize pedestrian-friendly streetscapes with tree-lined walkways, outdoor dining patios, public art, and green spaces.

The office tower will feature expansive 29,000-square-foot floor plates, floor-to-ceiling glass up to 12 feet high, dramatic floor-to-floor heights ranging from 14 to 22 feet, and nearly 35,000 square feet of outdoor terraces and balconies. Amenities will include a full-service health club, tenant lounge, wine room, conference facilities, and a catering kitchen.

8300 Douglas The development will reshape Preston Center.Rendering courtesy Ramrock/HKS

“The market response has been extraordinary,” says Hudson Dozier, vice president at Lincoln Property Company, in the same release. “Companies recognize that attracting and retaining top talent requires this level of workplace quality.”

The residential tower, managed by Willow Bridge Property Management, will add a luxury living option to the heart of Preston Center, complementing nearby neighborhoods like Preston Hollow and the Park Cities. The office tower is targeting LEED and Fitwel certifications, while the residential tower will meet guidelines for the City of Dallas Green Building program.

Located at 8300 Douglas Avenue, at the intersection of Luther Lane and Westchester Drive, the project will provide 1,000 parking spaces across six levels and easy access to the Dallas North Tollway.

"This isn't just about premium space; it's about a complete lifestyle integration," continues Dozier. "Tenants are demanding Class AA space with amenities that rival those of a luxury hotel, along with seamless, walkable access to high-end dining and retail. For financial, legal, and professional service firms, having a new, vibrant workplace in this precise location is a powerful competitive advantage that simply cannot be replicated anywhere else in the city."

REAL ESTATE NEWS

Dallas ranks No. 9 among U.S. cities for canceled home sales in 2025

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Homebuyers across the United States are ghosting sellers at record rates, and Dallas has some of the worst offenders. Real estate marketplace Redfin tracked which metros saw the most buyers getting cold feet before closing real estate deals: Dallas came in at No. 9.

Redfin says 17.7 percent of Dallas home purchases were called off in September 2025, an increase from 16.4 percent in September 2024.

Fort Worth was even worse, landing at No. 4. In September, 18.7 percent of Fort Worth home purchases were called off, up from from 16.6 percent the previous year.

By comparison, San Antonio ranked No. 2 overall, with the highest pull-out rate in Texas, at 19 percent.

Tampa, Florida, topped the list with a cancellation rate of 20.1 percent. The national average is 15 percent.

Redfin says Goldilocks thinking is largely to blame for the rise in buyers "ghosting" sellers. A lack of compromise on concessions and repairs is driving the trend, with buyers refusing to accept imperfect homes.

Meanwhile, sellers want to avoid losing money on the deal. This is especially true of homeowners who bought during the COVID-19 boom, who are holding their asking price firm to avoid taking a loss. With plenty of homes on the market in "Sun Belt" cities — in some place, more than twice as many sellers than buyers — buyers are weighing all options.

“I’m seeing a lot of buyer’s remorse,” explained Redfin agent Jo Chavez, in a release. “Buyers make an offer, then they start worrying they could have found a better deal or a better home because there are more home sellers than buyers in the market. Some other buyers are backing out because they’re concerned about job security.”

The top 10 markets with the most sideways deals include:

No. 1 — Tampa, Florida
No. 2 – San Antonio, Texas
No. 3 — Atlanta, Georgia
No. 4 — Orlando, Florida
No. 5 — Fort Worth, Texas
No. 6 — Riverside, California
No. 7 — Fort Lauderdale, Florida
No. 8 —Jacksonville, Florida
No. 9 — Dallas, Texas
No. 10 — Las Vegas, Nevada

home sales market conditions economy residential real estate