The Dallas City Council awarded a $71 million project management services contract to Inspire Dallas for Component One of the project. Component One includes the convention center expansion, a deck park over Interstate 30, and demolition of the existing structure. The Inspire Dallas team is led by Matthews Southwest, Kaizen Development, and Azteca Enterprises, and includes 28 subcontractors—75% of them local Dallas businesses.
The Kay Bailey Hutchison Convention Center’s planned expansion includes 170,000 square feet of ballroom space, 260,000 square feet of meeting rooms, and 800,000 square feet of exhibit space. Construction is slated to begin in late 2024, with portions of the existing convention center remaining operational throughout the build.
The move follows the city council’s 2022 approval of plans for an expanded 2.5-million-square-foot convention center. Voters authorized a 2% increase in the city’s portion of the hotel occupancy tax to be used to fund the convention center expansion, along with improvements at Fair Park.
The post Work to Commence on Dallas Convention Center appeared first on Connect CRE.
The Dallas City Council awarded a $71 million project management services contract to Inspire Dallas for Component One of the project. Component One includes the convention center expansion, a deck park over Interstate 30, and demolition of the existing structure. The Inspire Dallas team is led by Matthews Southwest, Kaizen Development, and Azteca Enterprises, and …
The post Work to Commence on Dallas Convention Center appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate