A rendering of the project was recently posted on DallasMetropolis:
Prime Uptown Dallas Corner May Be Up For GrabsThis project is called Park District, and below is the updated rendering.
*Heights are an estimateBy Steve Brown
12:59 pm on February 12, 2013
The busy intersection of Pearl Street and Woodall Rodgers Freeway is Dallas’ new corner of Main and Main streets.
Landmarks including Klyde Warren Park, the Federal Reserve Bank of Dallas, Meyerson Symphony Center and Museum Tower vie for attention on this streetscape wedged between Uptown and downtown.
And then there’s the northwest corner – a motor bank. Perched on what’s no doubt one of the most expensive plots in Texas is Chase Bank’s drive through. Back in 1982 when the motor bank was built Woodall Rodgers was still a canyon and all those other corners were empty. Now it’s one of the sexiest crossroads in the county.
So I can understand why the folks at Chase Bank have decided to look at peddling the prime property. The bank is talking to brokers about listing the more than 1.5-acre tract for sale to developers.
The property is considered to be one of the best high-rise development sites in town. And it’s likely to fetch more than $150 per square foot. Chase Bank is likely to work the deal so it can have a drive in back on the lower level of a tower built on the property.
I know it may sound piggy but I was really hoping for a supertall there.I knew it was only a matter of time before that bank was gobbled up. This will be great increasing the density right along the highway.
Metropolitan Life Insurance and developer Trammell Crow Co. have disclosed details of their planned tower complex overlooking Klyde Warren Park.
MetLife and Crow plan to build an almost 30-story residential tower and a 20-story office building at the northwest corner of Pearl Street and Woodall Rodgers Freeway at the entrance to Uptown, according to plans filed with the City of Dallas.
The mixed-use development will occupy the site of the Chase motor bank across the street from the Federal Reserve Bank of Dallas.
Crow bought the bank property in June from JP Morgan Chase Bank.
Architect HKS Inc. is designing the 3-building project, which will have 513,000 square feet of office space, 275 luxury residential units and 20,900 square feet of restaurant space, Crow and MetLife said in the filings with the city.
The developers describe the project as a “high quality, well-designed vertical mixed-use development, including office, multifamily residential, retail/restaurant space, and possibly lodging uses, with a site design and landscape program which will complement the adjacent Klyde Warren Park and provide an excellent pedestrian environment.
Look for dirt to fly in the new year on developer Trammell Crow Co. and Metropolitan Life Insurance’s huge Uptown mixed-use project.
Crow and MetLife plan to build the 2-tower complex overlooking Klyde Warren Park at Pearl Street and Woodall Rodgers Freeway.
The development will include an almost 30-story residential tower and a 20-story office building at the entrance to Uptown, according to plans filed with the City of Dallas.
“We are going to make a very large bet on a site we have assembled,” Day said, telling the audience the project would start next year. “We are making a very large bet on the future of Dallas we believe in.”
Day said given what he’s seeing in the Uptown office market, the project is solidly based.
“Here in Uptown we’ve seen rents increase 25 to 30 percent in the last 18 months,” he said. “It’s really unprecedented.’
“We are going to test how deep that market is with the high-end urban renter,” Day said.
Crow, MetLife unveil plans for Dallas skyscraper project on Klyde Warren Park
The more than 900,000-square-foot office, retail and residential development will start construction this year at Pearl Street and Woodall Rodgers Freeway on the north side of Klyde Warren Park, Crow said Wednesday.Called Park District, the development will include a 19-story office tower and a 32-story residential building with 255 units.
There will be 22,000 square feet of retail space on the lower floors of the skyscraper complex.
HKS Architects designed the development. It has sleek glass towers with low glass restaurant and retail buildings in front, facing the park.
http://www.trammellcrow.com/EN/o/dallas/Media-Center/Pages/Trammell-Crow-Company-And-Metlife-Unveil-Park-District.aspxTrammell Crow Company and joint venture partner MetLife, Inc. are pleased to announce Park District, a 916,000 square foot mixed-use project designed by Dallas based HKS Architects.
Very disappointing when compared to the previous renderings.This project is called Park District, and below is the updated rendering.
The more than 900,000-square-foot development will include a 32-story residential tower and a 19-story office high-rise.
To get city planners to agree to an almost 30 percent increase in height for the project, the developers have worked to overcome any concerns that the glass exteriors on the towers will reflect light across the street on Klyde Warren Park and the Nasher Sculpture Center.
“Staff requested the study to ensure adjacent properties, as well as the heavily utilized Klyde Warren Park would not be impacted by the development,” according to the city plan commission zoning request for Park District. “The applicant’s vision for the proposed development is not anticipated to impact adjacent properties (lighting, noise, odor).