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AROUND THE REGION | 

FUTURE PROJECTS

DALLAS ARTS DISTRICTMultiple development projects are under construction or have been announced within the Dallas Arts District. Lincoln Properties is building 1900 Pearl, a 25-story, 260,000- square-foot offi ce building, and ZOM Holdings has announced a

40-story apartment tower at Flora and Olive streets. The Hall Financial Group multiphased development spans 5 acres. The next phase will include a 44-unit residential tower and a boutique hotel. Two Arts Plaza, a 12-story, 290,000 sqft offi ce building is phase two of the Billingsley Co.’s Arts Plaza project. The Spire Development will create a 12-acre contiguous neighborhood. Phase one will be anchored by a 21-story mixed-use tower.

RED BIRDRed Bird is the redevelopment of Southwest Center Mall located in Southern Dallas. Positioned at two major highways, Interstate 20 and Highway 67, Red Bird is at the heart of Oak Cliff and consists of 90 acres. Southwest Center Mall will be transformed into a vibrant mix-use development consisting of retail, offi ce, residential, a hotel, and community amenities for southern Dallas. In addition, Red Bird will serve as the home base for the newly launched Southern Dallas Entrepreneurial Network.

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TEXAS CENTRAL RAILWAYTexas Central Partners (TCP) is a private Texas company working to bring high-speed rail between Dallas and Houston. With trains capable of 205 mph, the trip between these cities will take under 90 minutes. Service is expected to begin as early as 2022. Two potential station sites have been identifi ed near downtown Dallas.

HIDDEN RIDGEHidden Ridge is an exciting new venture by Verizon to develop a unique 157-acre campus in the heart of Las Colinas (the largest offi ce park in the Dallas-Fort Worth Metroplex). This mixed-use project

will feature over 3 million square feet of offi ce space, 80,000 square feet of retail/restaurants, 1,800 residential units, a full-service boutique hotel, a dedicated Dallas Area Rapid Transit (DART) station, and public space and amenities.

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D A L L A S ECONOMIC DEVELOPMENT G U I D E 2 0 1 71 9 2

FUTURE PROJECTSFor the Dallas–Fort Worth region, there is no time like the present to ensure that the bustling metro area remains an innovative, forward-thinking place for generations to come. Future developments spanning more than 10 years in planning and construction are helping to ensure that DFW is at the forefront of industry and livability. The future of the metro area is rife with innovative developments, impactful architectural feats, and continually improved design to strengthen the region’s appeal.

FORT WORTH TRINITY RIVER VISION

Totaling $909 million in completion dollars, the Fort Worth Trinity River Vision project will connect every neighborhood in the city to the Trinity River corridor, adding amenities, improved environmental sustainability and pioneering design. The project will reroute the Trinity River in Fort Worth to provide needed fl ood protection, while simultaneously doubling the size of the central business district.

TRINITY RIVER CORRIDOR PROJECT DALLAS

The Trinity River Project, covering 20 miles or approximately 10,000 acres, is an eff ort to redevelop the Trinity River as it runs near downtown and into Southern Dallas. The project is meant to provide fl ood protection as well as create numerous multi-use fi elds, hiking, biking and walking trails and other recreational opportunities. One component, The Trinity River Park, will encompass more than 285 acres of land near the heart of downtown Dallas.

SOUTHERN DALLAS COUNTY INLAND PORT

The Southern Dallas County inland port region is recognized for its rail service and interstate highway connections supporting regional access to North American and international ports. With unsurpassed access to Interstates 20, 35 and 45 and thousands of acres of available land, developers and companies are creating a premier logistics, distribution and manufacturing cluster.

TEXAS LIVE!The Texas Rangers and The Cordish Companies are developing a $1.25 billion mixed-used district on 7 acres next to Globe Life Park in Arlington. The district will feature a new, 38,000 seat retractable-roof ballpark, dining and entertainment venues, and a 300-room hotel with a 35,000-square-foot meeting and covention facility. The entertainment space and hotel will open in 2018, and the new ballpark is expected to open for the 2020 baseball season.

DFW INTERNATIONAL AIRPORT

Focusing on more than 5,200 acres available for commercial use and the open space in the airport’s total of 18,000 acres of land within Euless, Irving, Grapevine and Coppell, the DFW International Airport Land Use Plan is a “framework for the long-term development of the commercial areas within the airport.” The project will change the face of the airport from being solely a transportation hub to that of commerce and international business.

DALLASMIDTOWN

The massive redevelopment district in North Dallas eventually will include millions of square feet of retail, residential, hotel and offi ce space across 430 acres. Its centerpiece will be an 20-acre central park. Beck Ventures is leading the project. The fi rst phase will include a theater, a 250-room hotel, offi ce buildings, shops and restaurants, and 600 units of apartments on 70 acres.

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