Two mixed-use developments are in the works for Dallas, with one located at the 2800 block of West Seventh and the other at the 3000 block of Morton Street. According to reports from The Dallas Business Journal, both properties have been cleared but construction has yet to begin. However, work is expected to commence on the first project next spring.
The Van Zandt (pictured) will feature approximately 13,000 square feet of retail space, 100,000 square feet of office space and a total of 226 apartments. Meanwhile One University will offer around 115,000 square feet for offices along with another complex comprising a hotel called The Tycoon under Marriott’s Autograph Collection brand as well as an additional residential component consisting of242 apartments. Together these two projects are estimated to cost over $400 million in investments.
A spokesperson for Goldenrod stated that they anticipate announcing their tenants shortly after breaking ground on these developments.
On its official website,the company emphasizes that it targets markets which are less affected by fluctuations in overall U.S real estate economy and can maintain stability even during unfavorable national market trends.
Goldenrod is adding two new mixed-use ventures in Dallas – one situated at West Seventh Street’s block number #2800 while another lies on Morton Street’s #3000 address.The latest update from The Dallas Business Journal reveals that although land preparation has been completed,no actual building work has started.However,the first project should kick off by next spring itself.
The Van Zandt (picture attached) boasts impressive figures like about thirteen thousand sq.ft.of retail area,a whopping hundred thousand sq.ft.for offices,and more than two hundred homes.Apart from this,”One University” also offers around one lakh fifteen thousand sq.ft.of office spaces,two forty-two flats,and a grand hotel named “The Tycoon” belonging to Marriott group’s exclusive Autograph Collection brand.As per rough estimates,it would require an investment of over four hundred million dollars to complete both the projects.
A spokesperson from Goldenrod has confirmed that they will soon reveal the names of their tenants once construction work begins.
Goldenrod’s official website mentions that it focuses on markets which are relatively less affected by fluctuations in U.S real estate economy and can maintain stability even during unfavorable national market trends.
