The Dallas Morning News

Two high-rises planned

Developers have set a May groundbrea­king for two highrises in the Preston Center district of North Dallas.

- By STEVE BROWN Real Estate Editor stevebrown@dallasnews.com Twitter: @Stevebrown­dmn

Developers have set a May groundbrea­king for what will be one of the largest Dallas real estate projects started since the pandemic began.

Lincoln Property Co. is building two high-rises in the Preston Center district of North Dallas.

The project, on Douglas Avenue south of Northwest Highway, will include a 225,000-square-foot office building and a separate tower with 128 luxury multifamil­y units.

The land is owned by St. Michael and All Angels Episcopal Church.

Dallas’ Sewell Automotive Cos. is taking about 26,500 square feet in the 12-story office tower, and Lincoln Property will move its headquarte­rs into almost 59,000 square feet in the building.

“This project will be a best-in-class developmen­t designed to bring a dynamic mixed-use offering to the area,” Lincoln Property’s executive vice president, John Walter, said in a statement. “We are excited that Sewell Automotive Cos. will move their corporate office to the campus as an anchor tenant, and we are encouraged by the significan­t interest we have seen from other prospectiv­e tenants so far.”

Along with the office and residentia­l towers, the project at 8111 Douglas will include a ground-floor restaurant with a patio. There will also be more than an acre of outdoor green space.

Dallas architect HKS designed the project, which will take more than a year to complete.

 ?? HKS ?? The project in the Preston Center district will include a 225,000-square-foot office building and a separate tower with 128 luxury multifamil­y units.
HKS The project in the Preston Center district will include a 225,000-square-foot office building and a separate tower with 128 luxury multifamil­y units.

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