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A 38-story tower that was supposed to rise on empty parking lots behind Dallas City Hall has instead sat untouched for years, and now the city has pulled the $96 million incentive package that was meant to help build it. The Newpark project, planned for Canton Street near City Hall, never broke ground, and developer Mike Hoque had filed no permits for the site as of publication.
As Dallas News reports, the city said the incentive lapsed after Hoque missed both financing and building-permit deadlines, including a December 31, 2024 deadline to obtain a building permit. The incentive had carried a 2027 deadline, and city official Kevin Spath wrote, per a city letter, that the funds were no longer pledged to Hoque because no work had advanced the project…