Pacific Elm Properties, an affiliate of Wood Partners, is set to begin construction on the first phase of a mixed-use development in the Field Street District. The project will include an 18-story office tower and a 25-story multifamily high rise with 300 units. The 915,200 square feet of office space is expected to be completed by 2027 at a cost estimated at $350 million.
The Beck Group has been listed as the design firm for this ambitious project which was initially revealed four years ago with plans for two residential high rises, 1.2 million square feet of office space, a hotel and 30 – 40 thousand square feet dedicated to amenity and retail spaces. Woods Capital partnered with Kaizen Development Partners & Dundon Capital Partners in 2019 when they purchased parcels located at 1012 & 1100 McKinney Ave., Dallas Morning News reported .
This billion dollar endeavor promises great potentials for investors looking into diversifying their portfolio within real estate industry while providing quality living standards within its vicinity once completed .
“Owner of Hollywood Office Purchases Adjacent Property”
The property at 747 Seward St. in Hollywood has been purchased by Brian Ballard, founder of bipartisan lobbying and PR
Steve Griffin
November 14, 2024
