Pacific Elm Properties and Kaizen Development Partners plan to start work early next year on the first two towers in their $1 billion Field Street District in...
The $325 million, more than 915,000-square-foot development could kick off in March, according to planning documents just filed with the state. The project is described as an “office tower and 300 multifamily apartments on an above-ground podium garage with lobby and retail on ground level.”Marketing materials say the first phase of the project would include an 18-story office building and a 25-floor apartment high-rise.
Pacific Elm and Kaizen Development bought the vacant property on the northwest side of downtown four years ago. It’s one of the largest remaining development sites in central Dallas.
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