New skyscraper in the works for downtown Dallas’ south side
Developers reveal plans for a new skyscraper on the south side of downtown Dallas.
Dallas-based Hoque Global and Omaha-based Lanoha Real Estate are planning to build the Newpark mixed-use tower on Canton Street near City Hall.
The nearly 40-story skyscraper would have a combination of office, retail, hotel and living space in a wafer-thin tower. The lower levels of the building would have retail and lobby areas with underground parking spaces.
The building was designed by Merriman Anderson Architects and Pickard Chilton. Moss Construction was selected as the general contractor.
The proposed tower would be the first of several high-rise buildings along the streets of Canton and Cadiz.(Merriman Anderson Architects and Pickard Chilton)
The developers hope to start the project in 2021.
The proposed tower project will include 225,000 square meters of office space, a 245 room hotel, 268 apartments and retail outlets on the ground floor.
“I worked with the city behind the scenes to create something different,” said Mike Hoque, CEO of Hoque Global. “It’s a transformative project. We want to create a project that will change South Dallas forever.”
The skyscraper would be the first phase of a 20 acre district with new buildings along the streets of Canton and Cadiz on the south side of downtown.
The Newpark Dallas neighborhood, which includes the new skyscraper, is slated to include more than one million square feet of office space, 200,000 square feet of urban retail space, thousands of residential units and a four-star hotel. The Newpark “Smart District” would also have a 1 million square meter education campus.
“While pursuing Amazon, I learned the importance of education,” said Hoque. “Since Amazon left us at the altar, it has opened our eyes. We now have the opportunity to be ready for the next Amazon to view our city.”
The property, which is now vacant, is one of the development sites made available to Amazon when searching for regional office locations in 2017. The e-commerce giant decided to move its headquarters to the suburbs of Washington, DC
“The proposed development will occupy existing parking spaces,” said the developers in their design presentation. “The new district will combine office, residential, retail and educational purposes to create an exciting, vibrant district in an area that has long been empty and underused.”
Dallas-based businessman and restaurateur Hoque began buying land in the southern part of downtown in 2014.
“I’ve worked tirelessly for the past six years since I bought the land,” he said. “This is the kind of project that doesn’t happen overnight with a man. If the pandemic goes away, we’ll have to come out with weapons flinging.”
Dallas officials say they support the idea of redeveloping the southeast corner of downtown.
“Hoque Global’s Newpark project is imaginative and exciting, and it would have a significant impact on an important segment of downtown Dallas,” said Dale Petroskey, president and CEO of the Dallas Regional Chamber, in a statement. “In the past few years, we’ve felt the positive effects of several new transformative developments across downtown Dallas. We appreciate Hoque Global’s vision and commitment to make the city center even more attractive for companies that want to be based here and for people who want to work and live here. ”
Hoque has also invested in real estate adjacent to the Cedars neighborhood of Dallas, just south of Interstate 30.
Lanoha Real Estate is a developer for more than 30 years doing commercial and residential developments. Hoque said he teamed up with the company after speaking to developers across the country.
“A Newpark is the shared vision of a talented team that believes in the community and is collectively driven by the opportunity to make a difference,” said Jason Lanoha, managing partner of Lanoha Real Estate Company. “Not only is it rare that we can play a role in developing a building of transformation, but we believe we can do it while making a positive difference in the community and with a great team of talented and civic people working together feel pretty happy. “
The first floor of the proposed high-rise would contain lobbies and retail space.(Merriman Anderson Architects and Pickard Chilton)