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Old 01-25-2011, 12:06 PM
 
16,087 posts, read 41,147,800 times
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Dallas-Fort Worth Commercial Real Estate News - Business News for Dallas, Texas - The Dallas Morning News




"The latest lure will be the newest Nylo, part of a small chain of hotels that feature loft-style rooms, with lots of exposed brick and concrete columns"



“What Jack has done down there is quite impressive,” Mueller added. “It’s an up and coming area.”

Matthews estimates the hotel project will cost $19 million, including the cost of the land.

Work could begin as early as the spring and could take up to 15 months to complete"


"Matthews’ company has owned the building since the late 1990s. It was part of an overall 17-acre purchase that included the huge Sears, Roebuck & Co. catalog complex. The largest building in the development was converted into 450 apartments, shops and offices that became South Side on Lamar"


"...noting the 2 million square feet of development in the area over the past 11 years"
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