Uptown’s Park District saddles up for breaks ground
DALLAS – At the groundbreaking for the new Park District project in Uptown, officials wore cowboy hats instead of the traditional construction helmets.
The two-tower development at Pearl St. and Woodall Rodgers will include an office tower and 34-story apartment high-rise. There’s also ground floor restaurants and retail.
Trammell Crow and MetLife are the developers.
Crow has been trying to get the groundbreaking started since November but ran into delays.
The project at Pearl St. and Woodall Rodgers Fwy. is the largest development Crow has done in central Dallas since the 1980s.
PriceWaterhouseCoopers will lease 200,000 sf of space in the Park District project — the first business to commit to the development. The office building will be named PwC Tower.
The more than $250 million project was financed by a consortium of lenders, including JP Morgan Chase, Comerica, Commerce Bank and Crestmark.
Park District will open in late 2017.
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