DALLAS (Nov. 28, 2017) – Stream Realty Partners (Stream) – a national real estate development, services and investment firm, has secured leases from Royal Blue Grocery and NL Group, Inc. at Trammell Crow Center, one of Dallas’ most recognizable architectural icons located at 2001 Ross Avenue.
Trammell Crow Center, which is currently undergoing its first major renovation in more than 30 years, will provide a new vitality to Dallas’ cultural center, enhancing a district where people work, live and enjoy cultural and recreational venues.
Stream and J.P. Morgan Asset Management are redeveloping and expanding the existing office tower as well as a ground-up mixed-use development on a 2.66-acre site located directly to the south of Trammell Crow Center. The redevelopment of the 1.2 million-square-foot office tower will include significant enhancements to the building’s interior lobby, lower exterior and plaza.
Located at the Northeast corner of Ross and Harwood featuring a 3,300-square-foot store and a 2,000-square-foot kitchen, Royal Blue Grocery – a compact, urban market individually designed for vibrant neighborhoods – will offer freshly prepared grab-and-go offerings, sandwiches, an espresso bar, conventional grocery items, specialty foods and juices.
[x_pullquote cite=”Zac Porter, Royal Blue Grocery Owner and Proprietor” type=”right”]Our patio overlooking the DMA is going to be really special. As we expand into Downtown Dallas, we think this location will be great for the building and our Ross Avenue, Arts District, and Klyde Warren Park neighbors.[/x_pullquote]
“We’re excited! Trammell Crow Center is an iconic building undergoing a beautiful remodel. Our patio overlooking the DMA is going to be really special,” said Royal Blue Grocery Owner and Proprietor, Zac Porter. “As we expand into Downtown Dallas, we think this location will be great for the building and our Ross Avenue, Arts District, and Klyde Warren Park neighbors.”
Dallas restaurateur Tim McEneny’s NL Group – the creator of unique concepts such as obar, LIFT, DISH Preston Hollow, Front Room Tavern at Hotel Lumen, and Jalisco Norte – signed a lease for a 3,100-square-foot linear restaurant (and bar) that will accommodate up to 80 patrons.
“This is a great opportunity to provide another concept similar in scope and size to Front Room Tavern,” said McEneny. “It (Trammell Crow Center) is very viable asset in a highly trafficked, in-demand area.”
Trammell Crow Center’s complementary mixed-use development on Ross Avenue will be anchored by more than 30,000 square feet of restaurant-driven retail space and a parking facility that will boost the parking ratio to 3:1,000 square feet. The collective 5-acre transformation on Ross Avenue will not only re-establish Trammell Crow Center among the top office destinations in Dallas, but will also serve as a new attraction for visitors to the Arts District and Klyde Warren Park.
“This redevelopment project is not only transforming the building into a modern landmark, but also revitalizing the surrounding area,” said Sara Terry, vice president at Stream. “We want to provide a true sense of place just blocks from the Arts District, while offering unparalleled amenities to our tenants and many others who work and enjoy this area of Dallas.”
Digital rendering courtesy of Neoscape, Inc. 2016