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Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

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Jay9398
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Jay9398 » 31 Jul 2017 08:53

homeworld1031tx wrote:Bumping this one back up - it had a scheduled start date of 'no later than July', as per the DMN article from March. Any movement at the proposed site?


Still a functioning parking lot as I look at it out the window right now.

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citygeek
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby citygeek » 31 Jul 2017 11:47

Maybe John McKee knows. It's supposedly funded, permits pulled.

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kingpin
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby kingpin » 31 Jul 2017 14:45

http://dallas.towers.net/2017/03/22/creative-housing-for-creatives-flora-street-lofts/

Stantec and ADD Inc. designed the project and will oversee construction. Construction is expected to begin in the fourth quarter and reach completion in 2020.

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Tucy
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Tucy » 31 Jul 2017 15:00

kingpin wrote:http://dallas.towers.net/2017/03/22/creative-housing-for-creatives-flora-street-lofts/

Stantec and ADD Inc. designed the project and will oversee construction. Construction is expected to begin in the fourth quarter and reach completion in 2020.


That's odd. That Towers.net story was published the same day the Dallas Morning News told us that work would start in July with completion by March 2019...

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homeworld1031tx
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby homeworld1031tx » 31 Jul 2017 15:25

kingpin wrote:http://dallas.towers.net/2017/03/22/creative-housing-for-creatives-flora-street-lofts/

Stantec and ADD Inc. designed the project and will oversee construction. Construction is expected to begin in the fourth quarter and reach completion in 2020.


Nice find my man. Let's hope it's true.

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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Tnexster » 31 Jul 2017 15:35

Fourth Quarter means they could start on December 31.

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Tivo_Kenevil
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Tivo_Kenevil » 31 Jul 2017 15:43

Tucy wrote:
kingpin wrote:http://dallas.towers.net/2017/03/22/creative-housing-for-creatives-flora-street-lofts/

Stantec and ADD Inc. designed the project and will oversee construction. Construction is expected to begin in the fourth quarter and reach completion in 2020.


That's odd. That Towers.net story was published the same day the Dallas Morning News told us that work would start in July with completion by March 2019...



That's not a good look DMN.

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maconahey
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby maconahey » 25 Sep 2017 15:14


Notice Of: CONSTR
Duration: PERM (Months: 0 Days: 0)
Work Schedule: 12/01/2017 to 06/01/2020

Structure Type: Building
Structure Name: ZOM Atelier Flora Lofts

Site Elevation: 460
Structure Height: 441
Total Height (AMSL): 901


https://oeaaa.faa.gov/oeaaa/external/se ... 45&row=464
https://oeaaa.faa.gov/oeaaa/external/se ... 87&row=474

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Brettoj
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Brettoj » 25 Sep 2017 17:51

Nice! I am excited to see this one go up.

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R1070
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby R1070 » 25 Sep 2017 18:41

Hmm... They said this would be 39 floors. 39 floors and 441 feet. I guess it would work.

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citygeek
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby citygeek » 25 Sep 2017 21:24

Thank you for posting. We've all waited a long time for this one. Never understood what the hold up was given that apparently the money was all in place and the city had signed off on everything months ago. I just hope it actually ends up looking like the renderings we have seen. You know how this goes in Dallas.....Austin continues to blow Houston and Dallas off the map with all the well-designed new towers getting announced and underway there. Anyway, this is good news Maconahey.

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Cbdallas
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Cbdallas » 20 Dec 2017 15:52

Is this one on the rocks I really wanted to see this beauty go up.

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Jay9398
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Jay9398 » 21 Dec 2017 09:11

I don't actually know anything for sure. With that said...

I can see the site from my office and it's still an active parking lot. As of last week there was still a sign saying monthly parking is available.

The same construction management company doing Park District was slated to do this project. Maybe it's been delayed so long they are now waiting for Park District to wrap up before breaking ground?

I heard a rumor earlier this year that they had encountered an unexpected issue with TXDOT right of way from the Olive exit that impacted the original site plan. If this is true I don't know if it was ever resolved.

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Dallas12
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Dallas12 » 21 Dec 2017 09:21

Not sure if it should be read into too much, but this project is nowhere to be found on the developer’s website, ZOM Development.

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eburress
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby eburress » 21 Dec 2017 10:49

Man, I hope this doesn't get cancelled. This is the project I'm most excited about, maybe even more so than the AMLI Fountain Place tower.

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Dtown214
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Dtown214 » 22 Dec 2017 03:35

I hope it gets built!

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R1070
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby R1070 » 29 Dec 2017 01:04

eburress wrote:Man, I hope this doesn't get cancelled. This is the project I'm most excited about, maybe even more so than the AMLI Fountain Place tower.

Same here.

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joshua.dodd
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby joshua.dodd » 30 Dec 2017 13:46

Is there credible rumor that this project has been canned? I hope not. However, I'm starting to see signs that there's a slowdown in the housing market.

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Dallas12
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Dallas12 » 01 Jan 2018 21:04

joshua.dodd wrote:Is there credible rumor that this project has been canned? I hope not. However, I'm starting to see signs that there's a slowdown in the housing market.

What signs are you seeing? Are you referring to the MF market just in Dallas proper?

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joshua.dodd
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby joshua.dodd » 03 Jan 2018 00:32

I'm referring to signs outside apartments around Uptown saying the first 8 weeks rent free.

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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby cowboyeagle05 » 03 Jan 2018 11:19

joshua.dodd wrote:I'm referring to signs outside apartments around Uptown saying the first 8 weeks rent free.


Two things, its the slowest month of the year for apartment rentals. Also a lot of product just opened so you do things to get that interest from the very few tenants you may be able to sign while you wait for the spring moving season.

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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby lakewoodhobo » 03 Jan 2018 11:39

joshua.dodd wrote:I'm referring to signs outside apartments around Uptown saying the first 8 weeks rent free.


I wouldn't start worrying until the jobs stop coming, and given the massive Christmas gift that the big corporations just got, I don't see it happening just yet.

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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Tnexster » 03 Jan 2018 19:16

We still have 400 people a day moving into the region, unless that stops flowing I don't see a slowdown and that number has actually increased this year.

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Cbdallas
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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby Cbdallas » 04 Jan 2018 14:56

From what I have heard inside the apartment leasing business is that there is a small blip of too much high end product opening all at the same time in the same are of urban Dallas. They are all trying to grab anyone they can to fill up their buildings and lock in leases. I agree if the influx of people moving stays the same then it is just a small blip and it moves forward.

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Re: Arts District: Flora & Olive Tower (~460 FT / 42 ST)

Postby jsoto3 » 03 Feb 2018 23:28

http://dallascityhall.com/government/Co ... 020518.pdf

This briefing to the City's Economic Development & Housing Committee gives an update on the status of this project and provides explanation for the delay. The project is now intended to start construction in July.

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby cowboyeagle05 » 05 Feb 2018 13:12

The new entity they seem to be working with on the project is Art Space. http://www.artspace.org/

Artspace is non-profit organization that uses the tools of real estate development to create affordable, appropriate places where artists can live and work. We consistently develop these projects in ways that also support more stable, healthy communities anchored in existing assets. Because Artspace owns each of the projects it develops, we are able to ensure that they remain affordable and accessible to artists in perpetuity.

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Roman_Patrick » 04 Apr 2018 09:47

Well.. At least the project is not dead! The project still remains the full tower? I keep seeing a tiny 6 or 7 story building in some renderings and that makes me nervous..

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby cowboyeagle05 » 04 Apr 2018 12:55

Probably what you are seeing is the base which is where the artist lofts are located. The tower portion is the only way the project can really financially work. The developer can not afford to just build a few affordable artist lofts on a pricey site in the Arts District so yes the tower is very much moving ahead. The city approved of the entity hand over a few weeks ago that was required to clean up the financing and the introduction of ArtsSpace in the project.

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Roman_Patrick » 04 Apr 2018 15:05

cowboyeagle05 wrote:Probably what you are seeing is the base which is where the artist lofts are located. The tower portion is the only way the project can really financially work. The developer can not afford to just build a few affordable artist lofts on a pricey site in the Arts District so yes the tower is very much moving ahead. The city approved of the entity hand over a few weeks ago that was required to clean up the financing and the introduction of ArtsSpace in the project.


AHHH.. wonderful news! Glad it was approved! Thank you!

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Tucy » 04 Apr 2018 15:27

cowboyeagle05 wrote:Probably what you are seeing is the base which is where the artist lofts are located. The tower portion is the only way the project can really financially work. The developer can not afford to just build a few affordable artist lofts on a pricey site in the Arts District so yes the tower is very much moving ahead. The city approved of the entity hand over a few weeks ago that was required to clean up the financing and the introduction of ArtsSpace in the project.



Should we be concerned that the project still does not appear on Artspace's website?

http://www.artspace.org/our-places?fiel ... e=2&state=

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby cowboyeagle05 » 04 Apr 2018 15:53

I'm' not worried about considering Parks for Downtown Dallas has multiple renderings all over their site for the Park they are about to have a groundbreaking on I am not worried that another entity hasn't updated their website. The website for the company I work for took months to add updated contact info because of who they hired to run the site. Does it mean the project is a sure thing no, but it's not exactly an indicator of anything either.

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Jay9398
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Jay9398 » 04 Apr 2018 16:32

I hadn't thought about this site in a while, but reading this thread made me look out the window.

There are bulldozers out there right now clearing the site on the Pearl street side. The parking lot has not been touched yet as far as I can tell from up here.

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Tucy
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Tucy » 04 Apr 2018 16:42

Jay9398 wrote:I hadn't thought about this site in a while, but reading this thread made me look out the window.

There are bulldozers out there right now clearing the site on the Pearl street side. The parking lot has not been touched yet as far as I can tell from up here.


Cool! But how are they clearing the site without touching the parking lot? Isn't the whole site parking lot?

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Jay9398
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Jay9398 » 04 Apr 2018 16:48

Tucy wrote:Cool! But how are they clearing the site without touching the parking lot? Isn't the whole site parking lot?


It's that weird strip right by the Olive exit ramp that wraps around Museum Tower. It looks like the work goes the length of the Pearl Side of the lot, but it's hard to tell for sure from my vantage point at Renaissance Tower. I'll try to get a closer look.

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby eburress » 04 Apr 2018 18:07

Jay9398 wrote:
Tucy wrote:Cool! But how are they clearing the site without touching the parking lot? Isn't the whole site parking lot?


It's that weird strip right by the Olive exit ramp that wraps around Museum Tower. It looks like the work goes the length of the Pearl Side of the lot, but it's hard to tell for sure from my vantage point at Renaissance Tower. I'll try to get a closer look.


Yeah, I noticed that too. This is as close a view as I'm able to find.

Image

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flyswatter
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby flyswatter » 04 Apr 2018 18:17

Wouldn't want to have just bought into Museum Tower facing this or be selling a unit on that side...Lower levels will certainly lose some of their view.

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby hjkll » 04 Apr 2018 19:03

Sorry just confirming- so this project has indeed started work?

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ArtVandelay
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby ArtVandelay » 04 Apr 2018 20:29

What your seeing is the City working on sewer. Doesn’t look like there’s been any permits pulled on this project. Last activity was 2016.

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby citygeek » 04 Apr 2018 21:19

A spokesperson @ ZOM in Miami replied to an email inquiry that I made last month that construction on the project would be underway by July. Who knows....We've all been around the block with this one for years now. I hope this moves forward soon.

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Tnexster » 04 Apr 2018 21:33

Would they want to get the sewer work done before construction commences?

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R1070
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby R1070 » 04 Apr 2018 21:39

I really want this one and the Victory Tower replacement to happen. Both neighborhoods need these projects to connect things better.

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Tucy
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Tucy » 05 Apr 2018 10:48

citygeek wrote:A spokesperson @ ZOM in Miami replied to an email inquiry that I made last month that construction on the project would be underway by July. Who knows....We've all been around the block with this one for years now. I hope this moves forward soon.


Did they say what year? ;-) (Just asking, because last year at this time we were told construction would start in July.)

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joshua.dodd
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby joshua.dodd » 05 Apr 2018 14:35

They have been doing utility work along Pearl. Looks like they're definitely preparing for something.

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citygeek
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby citygeek » 05 Apr 2018 17:57

Tucy wrote:
citygeek wrote:A spokesperson @ ZOM in Miami replied to an email inquiry that I made last month that construction on the project would be underway by July. Who knows....We've all been around the block with this one for years now. I hope this moves forward soon.


Did they say what year? ;-) (Just asking, because last year at this time we were told construction would start in July.)


Yes. July 2018.

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maconahey
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby maconahey » 04 May 2018 12:59

Crane #1
Work Schedule: 08/15/2018 to 02/15/2019
https://oeaaa.faa.gov/oeaaa/external/se ... 16&row=297

Crane#2
Work Schedule: 09/15/2018 to 03/15/2020
https://oeaaa.faa.gov/oeaaa/external/se ... 17&row=296

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby lakewoodhobo » 04 May 2018 15:16

^Now that is some good news!

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homeworld1031tx
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby homeworld1031tx » 04 May 2018 18:44

Oh hell ya. Good find Maconahey

Tnexster
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Tnexster » 04 May 2018 21:23

Work schedule says starting 8-15, is that for the crane? If so this should be under way soon.

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R1070
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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby R1070 » 05 May 2018 18:45

I hope this guess started this Summer. This is one of the projects I've been excited about and feel like it will complete the Arts District along with the new Hall Arts Residences. We need this building!

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Re: Arts District: Flora & Olive Tower (~441 FT / ~39 ST)

Postby Tnexster » 06 May 2018 11:21

R1070 wrote:I hope this guess started this Summer. This is one of the projects I've been excited about and feel like it will complete the Arts District along with the new Hall Arts Residences. We need this building!


Agreed, this is a huge piece of the puzzle coming together here. Hope it gets underway soon.


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