News Headline:  
 

Big projects still in the DFW construction pipeline, with no signs of slowing

BY IRVING WEEKLY STAFF

Irving, Texas. January 3, 2018

Big projects in the DFW construction pipeline include two Irving projects, the Westin Headquarter Irving Convention Center Hotel at Las Colinas and the new corporate campus for Irving-based Pioneer Natural Resources, which will kickoff the Hidden Ridge development.

Other big projects in the region still loom on the horizon.

"I think cranes will still be flying for a while," Neal Sleeper, president of Dallas-based Cityplace Co., told the Dallas Business Journal. "I think construction will be hot and heavy for the next two to three years."

Cityplace Co., along with Cleveland-based Forest City Realty Trust Inc. (NYSE: FCEA and FCEB), is nearing completion on a long-awaited boutique hotel and high-rise luxury tower within the West Village.

Sleeper said he expects the development group to get a temporary certificate-of-occupancy in December, with the hotel slated to open in early 2018.

And Sleeper and his West Village team won't wait long to begin their next big project in the area.

"We're doing some preliminary work on the Mutts site," he said. "It will definitely be a combination of office, multifamily, retail, or maybe a hotel. It will be a mix of uses like the rest of the West Village, but maybe a little taller or a little denser — but this is at least a year off into the horizon."

Meanwhile, Manhattan Construction Co. Senior Vice President Mark Penny said he isn't seeing any signs of construction slowing in the future.

"We are seeing delays in construction, with projects being slower to start and slower to get through to the finish line, but nothing is stopping," Penny said. "Nobody sees any signs it will slow."

We took a look at some of the largest North Texas construction projects in the pipeline, according to Dodge Data & Analytics' latest research. 

Presented by Dallas Business Journal, October 24, 2017


Help Irving Weekly Grow by Sharing this Story



Post Your Comments

Please or to comment.

User Comments

Comments

No comments yet.

 
  Community Input:  
   
 

In a few words, please tell us what you would like to see on Irving Weekly.

Suggestion: