A development venture between Dallas-based Rosewood Property Co. and Houston-based Patrinely Group will soon begin construction on the initial phase of a 2.5 million-square-foot corporate magnet at Heritage Creekside in Plano, Texas.

Rosewood Property and Patrinely Group unveiled plans Oct. 24 outlining a 12-story, 343,800-square-foot office tower, called One Heritage Creekside, within Heritage Creekside’s new 72-acre mixed-use campus along the President George Bush Turnpike on the west side of Interstate 75.

In all, the mixed-use campus — which is aimed at luring a major corporate tenant — will total more than 2.5 million square feet of Class A office space, retail, luxury urban apartments, hotels and single-family homes.

Click to read more at Houston Business Journal. 

A Fort Worth-based firm overseen by real estate tycoon John Goff has acquired an Atlanta hotel located in the Georgia’s largest office submarket.

Crescent Real Estate LLC, with the help of its new investment fund, has acquired the Westin Atlanta Perimeter North, a 372-room lodging sitting on 6.25 acres in Atlanta. The site is adjacent to the 63-acre, 2.2 million-square-foot Concourse Corporate center.

The hotel includes 20,000 square feet of meeting space with an 8,000-square-foot ballroom, as well as a 24-hour business center, a fitness studio, spa and outdoor pool.

Crescent has hired HEI Hotels to manage the hotel.

Click to read more at Dallas Business Journal. 

Dallas-based development group Hoque Global has partnered up with Dallas-based KDC to unveil plans for an urban-style neighborhood totaling more than 20 acres, which could have the ability to attract a Silicon Valley-type corporate user to downtown Dallas.

The development plan, which is being marketed as the “Dallas Smart District,” includes building Class A office, residential, retail, hospitality and open spaces on several contiguous blocks from Canton Street to the Dallas Convention Center to the Farmers Market to adjacency next to Dallas City Hall in downtown Dallas.

Click to read more at Dallas Business Journal. 

Texas A&M University has begun construction on a new nine-story, 157,756-square-foot clinic and educational building near Dallas’ Deep Ellum neighborhood.

The $127 million facility, which is being built for the university’s College of Dentistry, will help the Texas A&M dentistry program boost its enrollment by 25 percent. It will also give North Texans another avenue for dental care.

The College Station-based university system plans to hold a ceremonial groundbreaking at the new Dallas facility on Monday, which, upon completion, will have the address of 3000 Gaston Ave. — which includes a portion of land formerly occupied by a neighborhood bar, The Elbow Room.

Click to read more at Dallas Business Journal. 

High Street Residential, the residential arm of Dallas-based Trammell Crow Co., and its joint venture partner MetLife, has reached the uppermost height of constructing The Residences at Park District, a 34-story luxury high-rise tower.

The residential tower will bring 228 luxury apartment homes and 13,396 square feet of retail space adjacent to Klyde Warren Park on the southern edge of Uptown Dallas.

The Residences at Park District will elevate luxury living in Dallas, said Joel Behrens, principal of Dallas-based High Street Residential, who gave the Dallas Business Journal a tour of the construction site earlier this year.

Click to read more at Dallas Business Journal.