Uptown Dallas is about to get a serious skyline shakeup. A $445 million overhaul of Cityplace Tower is set to kick off soon, turning much of the 42-story office tower and the surrounding vacant land into nearly 1,000 apartments, a new hotel, and fresh ground-floor retail.
The plan calls for 970 rental units across a new low-rise complex called The Apron and several phases of tower conversions, with 194 of those homes set aside as income-restricted housing. The project will also modernize the underground Cityplace/Uptown DART entry, revamp existing parking garages, and add about 22,000 square feet of new retail at street level. NexPoint, which bought the property in 2018, is leading the multi-phase effort after negotiating a package of city tax incentives tied to specific delivery milestones.
Plan and phasing
The redevelopment is split into four phases. Phase 1, branded as “The Apron,” would bring eight six-story buildings to roughly 5.3 acres and deliver 465 mixed-income apartments plus about 22,300 gross square feet of ground-floor retail, according to the City of Dallas documents.
The filings carve up the tower work into conversion blocks that together would turn roughly 27 floors into housing, while reserving other portions for hotel and office use. The Apron scope also covers structural work on six underground parking garages and streetscape upgrades along Haskell and Weldon streets, so the changes will not be limited to what is happening above ground.
Inside the tower
City filings show the residential conversions are grouped so Phase 2A delivers about 240 units, Phase 2B roughly 115 units, and Phase 2C around 150 units. Added to The Apron, those phases bring the total to 970 homes. A NexPoint spokesperson and local reporting indicate that five floors will remain office, while eight floors are reserved for a hotel and related event space, as reported by D CEO…