Dallas: Historic Ervay building $85M renovation, new IDDallas: Historic Ervay building $85M renovation, new IDhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=43742014-04-21T10:56:00Z2014-04-21T08:00:00Z

DALLAS - The $85 million redevelopment of the 651,182-sf historic building at 500 S. Ervay St., a 103-year-old building adjacent to Dallas City Hall, is nearly ready to get underway. Construction on the project is scheduled to begin in mid-May.

The redevelopment plans for the property include a 270-room Marriott-branded hotel, 238 residences managed by Dallas-based Pinnacle and about 20,000 sf of restaurant and retail space. Plano-based Aimbridge Hospitality is expected to manage the hotel.

Plans for the property's amenities include three Alterra-operated restaurants — a Greek restaurant, American bistro and European cafe — as well as a pool bar.

Over the years, the building has served as a warehouse, a merchandise showroom and office space. It also inspired other proposed developments.

Read more at the Dallas Business Journal.

Dallas Business Journal
Dallas-Fort Worth-Arlington
http://www.bizjournals.com/dallas/news/2014/04/18/los-angeles-investor-buys-frisco-shopping-center.htmlRead more at {Source}

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