Just take a walk Downtown and you will see that development is at the cornerstone of our accomplishments. Here, construction is not only encouraged, it’s evolving the way we live and accelerating our future.
Last year was full of groundbreakings and grand openings, with more to come in 2022.
Planned projects press on into Q4.
Recent successes and project completions, and the resilience of the Downtown market, have continued to prompt planning on new ground up proposals and future phases of recently completed projects.
Dallas Area Rapid Transit (DART) is working diligently on planning the second light rail alignment through Downtown. D2 will be a subway that will run two of the existing rail lines underground through Downtown.
Woods Capital, Kaizen Development, and Dundon Capital Partners continue planning of almost six acres of land at Field and McKinney, known as the Field Street District, a mixed-use development that will offer apartments, office, and retail.
Hoque Global, in partnership with KDC and Lanoha Real Estate, continues planning NewPark, just south of City Hall. The multi-phase mixed-use development will offer a hotel, multifamily, retail, office, and educational facilities. The project includes plans for a new Dallas ISD school campus.
Parks for Downtown Dallas is pushing ahead as Carpenter Park nears completion on the east side of Downtown. The new park will feature public art, sports courts, a large fountain, and more. Q4 also brought another signature park Downtown as Harwood Park broke ground in the East Quarter, near the Statler Hilton. When completed, Harwood will bring much needed greenspace near the Farmers Market and will serve as a wonderful venue for activities, events, and recreation.