The DMN reported May 10 that developer Todd Interests will construct the tower on what is presently a surface parking lot between the Meletio Electric Building and the pie-shaped Magnolia Oil Building.
The project site, present day, is a surface parking lot between the Meletio Electric and Magnolia Oil buildings. Image: Google Streets.
It will have about 25,000 square feet of retail space on the lower levels, four stories of office space (180,000 square feet) within the four stories above, and 336 apartment units in the upper floors.
Amenities will include an eighth-floor deck with swimming pool in the new building and a second floor fitness center and lounge in the Meletio Building, which will be renovated and incorporated into the design of the new structure.
The new tower will wrap around the Meletio on two sides. The Meletio is a 74-year-old structure.
Courtesy: Todd Interests and MAA.
Merriman Anderson Architects is designing the tower.
The concept illustrations created by Merriman Anderson indicate Todd Interests also plans to limit vehicular access on the one-block segment of Jackson Street between the tower and the Magnolia Oil Building. This would required an agreement with the city and would be done by widening the pedestrian realm, introducing landscaping, and the installation of bollards where Jackson meets Cesar Chavez Boulevard and South Pearl Expressway.
MAA has been Todd Interests’ architect on the redevelopment of a large cluster of buildings the developer acquired in east downtown Dallas.
In partnership with J.P Morgan Asset Management, Todd Interests last year bought up 18 buildings in the area that were constructed in the 1920s and 1930s.
The East Quarter as defined by Todd Interests is bounded by Main Street, U.S. Hwy 75, Canton Street and South St. Paul Street. The area including the 17-story tower project is expanded in the lower right inset. Google Map with graphics by Adolfo Pesquera.
Shawn Todd rebranded the urban neighborhood as East Quarter with the intention of restoring the old structures and creating a gateway mixed-use community that would serve as the nexus between Deep Ellum to the east, Main Street District to the north and west, and Dallas Farmers Market to the south.
The Magnolia Oil Building restoration was one of Todd’s first and most successful projects in East Quarter.
Andres Construction was selected as the general contractor.
The project schedule calls for starting construction this year and completing the building in 2021.
Adolfo Pesquera (Reporter/Editor) is a veteran news journalist. He has worked for Hearst Corp., American Lawyer Media, News Corp and Freedom Communications. His work has been published in newspapers and magazines across the USA. He is a journalism graduate of UT-RGV. He writes, edits and creates digital pages for VBX.