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Lincoln Property Company Acquires 4-Acre Development Site in Uptown Dallas [Yahoo! Finance]
Last marriott international - class a earnings: 2/26 04:30 pm
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global, full-service real estate firm , announced that it has acquired a four-acre site at 2500 Cedar Springs Road in Uptown Dallas. The company plans to develop a Class A mixed-use project with approximately 400,000-500,000 sq. ft. of office space, +/- 250 luxury apartments, a 200-key five-star hotel/residence, and 25,000 sq. ft. of food and beverage retail, as well as ample green space, on the site. "This is without a doubt one of the best land sites in the country and we could not be more excited to bring another modern, Class A mixed-use development to Uptown Dallas," said Clay Duvall , co-Chief Executive Officer, Lincoln Property Company. "We're thrilled to have acquired this top tier site and look forward to bringing this incredible new mixed-use project to Dallas." "When complete, this will be one of the most significant developments in Dallas since The Crescent," said Chase Prospere , Senior Vice President and Office Market Leader at Lincoln in Dallas. "The completion of t
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