Carpenter & Co. is nearing the startline for a highly-anticipated hotel and condo development in Dallas’ Turtle Creek neighborhood.
Design work has been completed for the $750 million Four Seasons Hotel and condo tower at Turtle Creek Boulevard and Cedar Springs Road, and Carpenter expects to start construction by January, the Dallas Morning News reported.
The tower, spanning 1.1 million square feet and rising 35 floors, is poised to become one of the largest developments in the fast-growing neighborhood, north of downtown. It’s slated for 233 hotel rooms, 118 residential units and an underground parking garage. Amenities will include two swimming pools, a 15,000-square-foot private club, three restaurants and several bars. Architect Pelli Clarke Pelli is the designer.
The Four Seasons is expected to open in fall 2027. With the design phase wrapped up, Carpenter is focused on financing, CEO Richard Friedman told the outlet.
There are a number of other luxury hotel projects in the Dallas area that are projected to cost an eye-popping amount.
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In Frisco, Hall Group is building a $500 million hotel that will be part of Marriott’s exclusive Autograph Collection banner. The 224-room hotel is part of the $7 billion mixed-use project known as Hall Park. The $520 million Omni PGA Frisco Resort opened in May, which is projected to have a $2.5 billion economic impact on the area over 20 years.
In downtown Dallas, the $125 million JW Marriott on Ross Avenue opened last week. The luxury hotel, across the street from the city’s Arts District, has 267 rooms and rises 15 stories.
—Quinn Donoghue