Dallas Urban Resort To Undergo $100M Comprehensive Renovation
A Dallas Design District landmark known for hosting corporate conventions is set to get a $100M renovation along with a long-term management agreement that will keep it linked to its iconic hotel brand.
Crow Holdings and Hilton announced the renovation and management agreement for the 52-acre Hilton Anatole resort along Interstate 35E on Wednesday in a press release. The comprehensive renovation will run through 2028 to update guest rooms, meeting spaces, common areas and other amenities.
A $30M renovation of the hotel's more than 700 guest rooms in the 27-story tower was completed last year. The new $100M renovation will update the remaining 899 guest rooms in the hotel’s atrium and 600K SF of meeting and event space. It will also enhance the venue’s food and beverage options, among other capital expenditures.
“Hilton Anatole has been a fixture of Dallas for decades, and we are honored to continue its legacy of welcoming guests from around the world,” Crow Holdings Chief Financial Officer Ian Dilley said in a statement.
“This next chapter will ensure the hotel remains a defining destination for Dallas for generations to come.”
Developed by Trammell Crow in 1979, Hilton Anatole features nine restaurants and bars, the JadeWaters water park, extensive meeting and event spaces, more than 1,600 guest rooms, two grand atriums, and Asian art and sculptures from the Crow family collection.
The management agreement continues the decadeslong partnership between Crow Holdings and Hilton.
The hotel’s renovation comes as the city's Kay Bailey Hutchison Convention Center, just over 2 miles away, is in the middle of a $3.7B overhaul and expansion.
The convention center renovation and expansion project broke ground last year and aims to turn the area into a walkable hub. Work to upgrade the facility to serve as the International Broadcast Center for the 2026 FIFA World Cup began this summer. That will be followed by the demolition of a portion of the center to make way for the facility's expansion.
Despite boasting Hilton Anatole and several other luxury hotels, the Dallas-Fort Worth metroplex has fewer high-end hospitality offerings than a region of its size needs, Marcus & Millichap Executive Managing Director of Investments Chris Gomes said this summer.
The developers behind a pair of adaptive reuse projects hope to help with that need by adding to the region’s luxury hotel offerings.
Kintetsu Enterprises Company of America started work in October on its plan to turn the former JCPenney corporate campus in Plano into a 13-story, luxury Japanese-style hotel. That project will be completed after Valencia Hotel Group’s Caravan Court Hotel redevelopment, which is slated to bring a high-end boutique hotel to Arlington next year.
