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The Knox Avenue Growth will come on-line in 2026. Renderings courtesy of Trammell Crow Co. -
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A three way partnership of MSD Companions, Trammell Crow Co., The Retail Connection and Highland Park Village Associates secured $619.5 million in building financing for a 1 million-square-foot mixed-use growth in Dallas. JLL Capital Markets labored on behalf of the debtors to acquire the mortgage from Beal Financial institution. The 4-acre venture, which broke floor earlier this month, is scheduled for supply in 2026.
The multi-building growth will embrace workplace, retail, residential and hospitality parts. The workplace section will span 150,000 sq. ft throughout 9 tales above 100,000 sq. ft of retail house on the primary and second flooring. Workplace facilities will embrace a health heart, tenant lounge and café. ISN Software program Corp. will anchor the constructing, having leased the highest 4 flooring.
Auberge Resorts Assortment will handle the Knox Lodge and Residences slated to embody a 140-key lodge and 48-unit luxurious condominiums. Designed by Martin Brudnizki Design Studio, the lodge will function a full-floor spa and wellness facility, together with a swimming pool and numerous bars and eating places. Apartment residents may have entry to personal facilities akin to a clubroom, health heart and swimming pool. Moreover, the event will embrace a separate 27-story multifamily constructing comprising 173 luxurious flats.
A extremely collaborative Dallas venture
Stream Realty Vice Chairman Randy Cooper and Managing Director Craig Wilson, together with CBRE Vice Chairman Jeff Ellerman represented ISN Software program within the transaction. A CBRE workforce led by Senior Vice President David Barnes handles leasing efforts for the remainder of the workplace house. Retail leasing is led by Highland Park Village Managing Director Stephen Summers and Vice President Kaitlin Travis.
Balfour Beatty and Andres Development are offering building companies and HKS is the architect of document. The event additionally features a half-acre park designed by OJB Panorama Structure. Structure companies Woods Bagot and Kohn Pedersen Fox are the designers for the residential and workplace parts, respectively.
Situated within the Knox Avenue neighborhood, the event will likely be adjoining to Katy Path. It will likely be north of the town’s downtown and inside shut driving distance of the Dallas Love Area Airport and the Parkland Well being common hospital.
