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Robert Colombo proposes $200M-plus luxury condo-hotel in Uptown Dallas

He and his partner, Horizon Capital Partners, are seeking city approval for boutique project on Maple Avenue

Ivy P3 Group's Robert Colombo with rendering of 2516 Maple Avenue

A boutique luxury hotel and condo tower with a nine-figure development cost is angling for zoning approval in one of Dallas’ most tightly contested districts.

Hotel developer and restaurateur Robert Colombo is seeking city approval to build the Montclair Hotel and Residences, a roughly 23-story building planned for 2516 Maple Avenue in Uptown. The project would rise as high as 350 feet, requiring a height variance and other zoning adjustments, according to city filings cited by The Dallas Morning News.

The proposal is scheduled to go before the City Planning & Zoning Commission on Thursday, with Colombo targeting a Dallas City Council vote by the end of the month. If approved, the project would add a rare mix of high-end hospitality and for-sale residential units to a corridor heavy with apartments and medical offices.

Colombo told the outlet that the Montclair would include 65 hotel rooms and suites, 12 to 15 luxury condos, a spa, multiple restaurants and a small banquet facility. The development aims to compete on finishes and exclusivity rather than scale.

The condos would sit atop the building’s upper 10 floors, with units averaging about 3,000 square feet. Buyers could also purchase full-floor units of roughly 6,000 square feet, Colombo said. Retail and restaurant space would anchor the ground floor, with the hotel stacked above.

Branding for both the hotel and condos is still being negotiated. Colombo pegged total development costs between $200 million and $250 million.

If approvals fall into place, Colombo expects design work to wrap this spring. Construction could begin as early as May 2027, with a projected opening in spring 2030.

The project would replace the former Hotel St. Germain, a Victorian mansion built in 1897 that has been renovated multiple times over the past century. Colombo said he’s working with city planners and preservation-minded groups to relocate the historic structure rather than demolish it. Estimates to move the building range from $300,000 to $500,000, he said.

The development is being led by Colombo’s Ivy P3 Group alongside McKinney-based Horizon Capital Partners, with Dallas-based Nunzio Marc Desantis Architects serving as lead designer. The Oak Lawn Committee, an influential neighborhood group, signed off on the proposal last summer, a nonbinding but politically helpful endorsement.

Colombo, a New York native and hospitality veteran, has helped shape Dallas’ dining and hotel scene since the 1980s. He previously worked on projects like The Joule hotel downtown.

Eric Weilbacher

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