Pepper Square shopping center, originally built in the late 1970s in North Dallas, is looking to revamp its image. Developer Henry S. Miller has proposed a mixed-use development plan that would include apartments and retail space, as well as potentially adding a 12-story high-rise building. The Dallas City Council is set to vote on a zoning change later this month that would allow for this project.
According to the Dallas Business Journal, at a recent Planning and Zoning meeting where the project was unanimously approved, some residents expressed concerns about increased traffic. However, an independent traffic study sponsored by the developer found that this redevelopment would actually generate half as many trips compared to if all current retail spaces were fully leased.
Founded in 1914 and based in Dallas with regional offices in Houston and San Antonio, Henry S. Miller Company is one of the largest independent brokerage and property management firms serving the greater Dallas-Fort Worth area.
The latest news from Connect CRE reports that Pepper Square shopping center will undergo major changes under developer Henry S.Miller’s plans for revitalization.The once thriving retail hub built backinthe late 1970s has seen better days,and now faces transformation intoa mixed-use development featuring both residential unitsand commercial spaces.A potential addition ofa towering12-story high-riseis also being considered.The upcoming decision byDallas City Council regardingzoning changes requiredforthis ambitiousprojectwill take place laterthis month.
At arecently held PlanningandZoning meeting,the proposal received unanimous approval.However,some local residents raisedconcernsoverpotentialtraffic increase.But accordingtothe results ofan officialtrafficstudy commissionedbythedeveloper,itwas revealedthat thenewly planneddevelopmentwould only generatehalfasmanytripscomparedtoifall existingretailspaceswerefullyoccupied.This findinghas helped alleviate fears over excessive congestioninthearea.
Establishedbackin1914,HenryS.Miller Companyis a leading independent brokerageandproperty management firmthat operates in theDallas-Fort Worth, Texas region.Theirmain office is locatedin Dallas,with additional regional officesin Houston and San Antonio.
