One of Dallas’ most ambitious Knox Street projects is on its way, according to the Dallas Morning News.
Dallas developer Trammell Crow’s High Street Residential and Austin billionaire Michael Dell’s family investment firm have had the Knox Street high-rise project in the works for more than three years.
Dell, the biggest landlord since 2018 in the neighborhood known as Knox Henderson, first announced the joint venture with the Trammell subsidiary in October–three years after Dell’s MSD Capital bought about 12.5 acres in the Knox district, including buildings on Cole and McKinney avenues and Travis Street. On Monday, the first stage of the project was given unanimous approval by Dallas’ planning commission for the changes needed to build the new towers.
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Knox Henderson has been a hot block for developers and investors. In January, BlackRock bought a 330-unit luxury complex known as the Broadstone Knox District at 4444 Cole Avenue. This latest project, one of the biggest in Dallas, will include luxury residential units, a boutique hotel, retail, offices and a new park. Joining Dell and TCC is Dallas’ The Retail Connection, which has been behind multiple retail leases in the area.
The entire project will include three buildings on Travis Street. The largest of the three will have 18 floors of luxury condos built on top of a small hotel. The tower will include 45 to 50 residential units averaging about 3,500 square feet.
Facing Knox Street will be a six-story office building, which has yet to get final approval from Dallas’ city council. Details on the third tower haven’t been finalized.
Construction is expected to begin this year and is scheduled to open starting in early 2025.
[Dallas Morning News] – Maddy Sperling