Maybe I should have realized from the start that the land at US75 and PGBT was way too valuable to ever be used, as promised, for a walkable, transit-oriented, mixed-use, urban development. I should have known all along that it would end up, eventually, like the IH635/Dallas North Tollway intersection. And so it is.A key tract at the entrance to Richardson's huge CityLine campus has sold for a major hotel project. Missouri-based developer Drury Southwest bought the almost 3-acre site at CityLine Drive and U.S Highway 75. The property is just west of State Farm Insurance's high-rise regional campus and near DART's commuter rail station.
"Plans call for 168 rooms in an 11-story building with four levels of parking and seven levels of hotel," said BC Station Partners' Joe Altemore. "Construction is set to start in four to six months."
Source: Dallas Morning News.
To understand why I'm less than thrilled with seeing CityLine turn into another IH635/Dallas North Tollway intersection, read "CityLine, Palisades and Strip Shopping Centers."
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