**Burk Interests and Greenway Investment Plan $650M Mixed-Use District in Preston Hollow**
Burk Interests, in partnership with Greenway Investment, is seeking approval from the City of Dallas to rezone a parcel of land in the Preston Hollow neighborhood to pave the way for a major development project valued at $650 million.
The proposed district would be anchored by a 28-story hotel and condominium tower, a 24-story luxury apartment tower, two office towers, and several restaurants, all arranged around a central green space that serves as the heart of the project.
According to the Dallas Business Journal, the development could include building heights of up to 275 and 325 feet. Current design plans include approximately 150 hotel rooms and fewer than 100 condo units.
The future site, located across from Central Market, has been owned by Burk Interests since 2017. Construction could begin as early as 2028, pending city approvals.
Dallas-based architecture firm GFF has been selected to lead the design of the project.
