Work on Arts Dis­trict condo tower to be­gin

Hall tower to house high-dol­lar con­dos and bou­tique ho­tel

The Dallas Morning News - - FRONT PAGE - By STEVE BROWN Real Es­tate Ed­i­tor steve­brown@dal­las­news.com

Work will be­gin this week on the $250 mil­lion Hall Arts Res­i­dence con­do­minium tower.

Work will be­gin this week on the most ex­pen­sive down­town Dal­las devel­op­ment in more than a decade.

The $250 mil­lion Hall Arts Res­i­dence con­do­minium tower and Hall Arts Ho­tel will be a ma­jor ad­di­tion to down­town Dal­las’ Arts Dis­trict.

The 44 con­dos in the 25story tower on Flora Street will start at $2 mil­lion. The ho­tel, in the same build­ing, will be on the Ross Av­enue side of the block.

“We are do­ing a very rel­a­tively small num­ber of very high-end homes,” developer Craig Hall said of the con­dos. “It will be a very spe­cial, exclusive place to live.”

The con­do­mini­ums will av­er­age just un­der 4,000 square feet, and the two-level pent­house will con­tain more than 10,000 square feet.

Hall said the res­i­den­tial tower will be aimed at peo­ple now in tra­di­tional homes who want to be in an ur­ban en­vi­ron­ment in the Arts Dis­trict.

“When your kids are grown and gone, it’s a lifestyle de­ci­sion for peo­ple like me,” Hall said. “I want a nicer home in a bet­ter lo­ca­tion, so we are build­ing it.”

The glass and metal tower will be across the street from the Win­spear Opera House and will in­clude re­tail space on the ground floor along Flora Street.

It’s im­me­di­ately east of Hall’s 18-story KPMG Plaza of­fice tower, the first phase of his two-block Hall Arts devel­op­ment.

“The Arts Dis­trict has made a lot of progress, and what we are do­ing is to try and take it to the next level,” Hall said. “We are build­ing a project that we hope will com­ple­ment the very beau­ti­ful pub­lic build­ings there.

“It fits into the neigh­bor­hood, which is a hard place ar­chi­tec­turally to build.”

Dal­las ar­chi­tect HKS de­signed both the condo tower and the ho­tel.

Hall said the 183-room Hall Arts ho­tel will be op­er­ated by Vir­ginia-based Cres­cent Ho­tels & Re­sorts, which also runs down­town’s his­toric Adol­phus Ho­tel.

“The ho­tel will bring more peo­ple and vi­brant nightlife to the area,” Hall said.

Both the lux­ury ho­tel and the condo tower will open onto Hall Arts’ sculp­ture gar­den, which runs be­tween Ross and Flora Street.

“The ho­tel will be dif­fer­ent from the Ritz or the Man­sion in that it’s go­ing to be more arts-ori­ented,” Hall said. “It’s a bou­tique and in­tended to be in­ti­mate, with more a res­i­den­tial feel.

“There will be a re­ally heavy em­pha­sis on the art­work.”

Hall said the condo tower will in­clude sin­gle- and twolevel units and will have a sep­a­rate en­trance on Leonard Street.

The build­ing will have four swim­ming pools, a fit­ness cen­ter and wine stor­age room.

“We are do­ing 60 per­cent of the units fin­ished out and of­fer­ing 40 per­cent as shell space,” Hall said. “I see so many build­ings where peo­ple buy two fin­ished units and put them to­gether and end up spend­ing a for­tune tear­ing things apart and putting them back to­gether. “We want to avoid that.” He said the units in the Hall Arts Res­i­dences will be larger than most con­dos.

“Peo­ple don’t re­ally want to move out of an 8,000square-foot house into a 1,500-square-foot condo,” Hall said.

Along with HKS, Sum­mers De­sign As­so­ciates is do­ing the res­i­den­tial build­ing in­te­ri­ors. New York-based Ben­tel & Ben­tel did the ho­tel in­te­ri­ors.

Hall said the en­tire project will take just over two years to com­plete.

The devel­op­ment is the first such com­bi­na­tion lux­ury ho­tel and con­do­minium tower since the W Dal­las-Vic­tory and Ritz-Carlton tow­ers were started more than a decade ago.

“Craig Hall’s new ad­di­tion will add an­other level of lux­ury and cul­ture to the Arts Dis­trict and all of down­town,” said John Craw­ford of the eco­nomic devel­op­ment group Down­town Dal­las Inc. “His unique style, qual­ity and ap­proach to devel­op­ment ex­pand the reach for those who want to be part of the chang­ing face of down­town, cre­at­ing new op­por­tu­ni­ties as part our re­vi­tal­iza­tion.”

Hall has owned the devel­op­ment site for more than 20 years.

Hall Group and pre­vi­ous own­ers pro­posed a se­ries of sky­scrapers for the prop­er­ties be­fore set­tling on the cur­rent project.

“I’m go­ing into this with my eyes wide open,” Hall said. “If I wait to start con­struc­tion, I could be wait­ing an­other five, six or seven years.

“Prices of con­struc­tion are high today but likely to get higher,” he said. “I’m not sure there is much ben­e­fit to wait­ing to build — I’m go­ing ahead.”

HkS/Hall Group

The 25-story Hall Arts condo and ho­tel project will cost $250 mil­lion and take just over two years to build.

Lau­rie Joseph/Staff Artist

Ren­der­ings by HKS/Hall Group

Theÿ­glassÿandÿmet­alÿ­tower will be across the street from the Win­spear Opera House in the Arts Dis­trict.

Con­dosÿinÿtheÿHal­lÿArt­sÿRes­i­dencesÿwill av­er­age just un­der 4,000 square feet and start at $2 mil­lion. They’re aimed at peo­ple seek­ing an ur­ban lifestyle.

TheÿHal­lÿArt­sÿpro­jectÿ“fits into the neigh­bor­hood, which is a hard place ar­chi­tec­turally to build,” says developer Craig Hall. He’s owned the site for over 20 years and has con­sid­ered a se­ries of sky­scrapers there dur­ing that time.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.