search

The Real Deal Logo

Trending

Fort Lauderdale crane collapse victim seeks over $50M in damagesFort Lauderdale crane collapse victim seeks over $50M in damagesLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsTides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealBushburg buying Rudin’s half-empty FiDi office building for $160MBushburg buying Rudin’s half-empty FiDi office building for $160M
Architecture And Design
Dallas

Crow Holdings envisions mixed-use for Dallas Market Center

A redevelopment plan could transform the iconic wholesale trade center

Crow Holdings' Michael Levy with 2100 N Stemmons Fwy
Crow Holdings' Michael Levy with 2100 N Stemmons Fwy (Getty, Crow Holdings, Corgan)

The 5 million-square-foot Dallas Market Center put the city on the map as a wholesaler’s destination, but a bold conceptual plan from Crow Holdings would transform the trade center into a mixed-use development.

The plan from local architect Corgan would include hotels, offices, data centers, housing and lab space with parks, gardens, plazas and sidewalks, the Dallas Morning News reported.

The development would “provide a walkable and inviting pedestrian oriented environment,” the architect said. “Providing much needed density to a neglected region of downtown Dallas, the campus delivers a unified, modern environment for a variety of building uses. This development promises to deliver walkability to a once-blighted neighborhood.”

The Market Hall, at 2100 North Stemmons Freeway, would be demolished to make way for several towers along stemmons, along with multiple low- and mid-rise buildings, the newspaper reports.

The firm views these plans as purely conceptual, and nothing has been decided, Crow Holdings CEO Michael Levy told the DMN.

Sign Up for the undefined Newsletter

Dallas-based Trammell Crow developed the property in the 1950s, and it’s still active as a business-to-business trade and retail center.

Mixed-use projects have become all the rage across Dallas-Fort Worth as employees look to “live, work, play” sites as a response to longer commute times and more remote work opportunities.

The national real estate heavyweight Crow Holdings has a 70-year operating history and $22 billion of assets under management, according to its website. Companies under Crow Holdings are Trammell Crow Residential, Crow Holdings Capital, Crow Holdings Industrial and Crow Holdings Office.

Read more

—Erick Pirayesh

Tags
DesignMixed-useRedevelopment