“We are thrilled to have reached this important milestone and to begin construction on what we believe is the most exciting mixed-use development in Dallas," said Coburn Packard, Partner & Head of Real Estate at BDT & MSD Partners. "The project reflects our commitment to creating incredible spaces and experiences, and we look forward to bringing our vision for Knox Street to life.”
Sitting on a four-acre site adjacent to the Katy Trail and the neighboring town of Highland Park, the Knox Street development is expected to open in 2026. Upon completion, it will total 1 million square feet of mixed-use space, including:
- The Knox Hotel and Residences: Managed by hotel, resort, and residence operator Auberge Resorts Collection, the Knox Hotel and Residences will consist of a 140-room hotel and 48 condominiums ranging in size from 2,500 square feet to more than 15,000 square feet. The hotel is designed by Martin Brudnizki Design Studio and will include restaurants, bars and lounges, expansive event spaces, and a full-floor spa and wellness destination connected to an outdoor pool and bar with views of downtown Dallas. The residences are designed by Dallas-based Interior Designer Chad Dorsey and will feature private residential amenities including a clubroom, a bar and lounge, entertaining spaces, a fitness center, and an indoor pool.
- Office space: Fronting Knox Street, the development’s 150,000-square-foot office building will rise nine stories above two floors of retail and restaurants. Dallas-based ISN Software Corporation will anchor the office building, leasing the top four floors. Office amenities will include a fitness center with locker rooms, a tenant lounge, and a cafe.
- Retail and restaurant space: The Knox Street development will provide more than 100,000 square feet of ground-floor and second-story retail and restaurant space, which will be leased to a mix of local and national operators to bring in shopping, art, culinary, and health and wellness experiences.
- Multifamily Residential: The development will include a 27-story, 173-unit multifamily building featuring expansive amenity spaces, luxury interiors, and oversized balconies.
- Park: The development will be anchored by a half-acre park with a direct connection to the Katy Trail.
“Knox Street represents our team’s vision to preserve and enhance the authentic character of Knox Street, amplify and expand upon its connection to the Katy Trail, and strategically add new and exciting uses and experiences to solidify the neighborhood as one of the most recognizable shopping, dining, and residential districts in the country,” said Joel Behrens, Managing Director with TCC in Dallas. “With its array of premier offerings in an irreplaceable location, this project is positioned to fill a void in the Dallas market and cater to the unmet demand for world-class, mixed-use space in the city.”
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“We are excited to be associated with a world-class sponsorship team to finance this one-of-a-kind multi-use development in our own backyard of Texas,” said Andy Beal, Founder & President, Beal Bank. “We believe strongly that this project will create a new standard of luxury in one of Dallas’s most vibrant neighborhoods, and we are proud to be a part of it.”
In addition to a world-class development and management team, the Knox Street project has a design team led by the New York office of Australia-based Woods Bagot and New York-based Kohn Pederson Fox (KPF). Woods Bagot is leading the design of the hotel and residences, multifamily residential building, and retail, and KPF is designing the boutique office building. Dallas-based HKS is serving as the architect of record and OJB Landscape Architecture is leading the design of the development’s green space.
Balfour Beatty and Andres Construction are providing construction services for the development.
