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Two Buildings Planned For First Phase Of $1B Field Street District In Downtown Dallas

Developers behind the $1B Field Street District are preparing to launch their development plans for a 6-acre vacant parcel downtown.

The Field Street District will occupy one of the largest remaining developable blocks of space in Downtown Dallas.

Pacific Elm Properties and Kaizen Development Partners could begin construction in March on a $325M project set to include an 18-story office tower, a 300-unit apartment high-rise and ground-level retail, according to planning documents obtained by the Dallas Morning News.

The Field Street District, located across the freeway from the Perot Museum of Nature & Science, has been in the works since 2019. 

Other projects in the Field Street area include a 38-story office tower from Hillwood Urban as well as North End, an 11-acre project by Hunt Realty Investments that is slated to include up to 3.7M SF of retail, multifamily, hotel and office space. It will be anchored by Goldman Sachs’ three-building office campus.

The buildings included in the 915K SF first phase, which will be designed by Beck Group, are not expected to open until 2027, per the DMN.