Hines Unveils Design of New Office Tower in Victory Park
- Apr 07, 2014
By Amalia Otet, Associate Editor
Hines plans to add a new 23-story office tower to Dallas’ vibrant Victory Park district.
Located in the heart of Dallas at the intersection of Interstate 35, the Dallas North Tollway and Woodall Rodgers Freeway, Victory Park is home to more than 1,000 residences, 620,000 square feet of office space, the W Dallas-Victory Hotel, and street-front retailers and restaurants. The entire area is currently undergoing a massive revitalization project that will see it transformed into a pedestrian-friendly, sustainable and distinctive community chock full of first-class dining and shopping destinations.
Hines’ new high-rise will be located at 2371 Victory Ave., just north of One Victory Park, the flagship office component of the mixed-use master-planned development.
Designed by Duda/Paine Architects, the recently announced project will consist of a state-of-the-art, 470,000-square-foot building offering 15 levels of office space as well as ample parking.
Envisioned as the next landmark office tower in Victory Park, the stunning sloped crystalline structure will feature 29,000-square-foot, rectangular floor plates, 10-foot floor-to-ceiling glass and panoramic views of Uptown, Downtown, American Airlines Center, Design District, Trinity River and the Margaret Hunt Hill Bridge. Hines says the lobby of the building will be featured through a glass wall along Victory Avenue with a setback entry facing south toward a plaza and garden space, as well as a generous drive for vehicular drop-off.
The premier development will showcase an exclusive set of amenities, including a 7,000-square-foot fitness center, a 6,000-square-foot conference center, an on-site restaurant and café, and a rooftop function terrace. Additionally, the property provides easy access to the DART Light Rail at Victory Station, as well as the popular 3.5-mile Katy Trail.
The project is expected to break ground in the fourth quarter, with an anticipated delivery date of first quarter 2017. Hines has selected Cushman & Wakefield Inc. to handle leasing and marketing for the asset.
With offices in 111 cities in 18 countries and controlled assets valued at approximately $25.2 billion, Hines is among the world’s largest real estate organizations. The company is a world leader in sustainable real estate strategies, with extensive experience in LEED®, ENERGY STAR®, BREEAM, Haute Qualité Environnementale and DGNB green building rating systems.
Rendering of Victory Park Office Tower via Duda/Paine Architects