Developer will convert Dallas' storied LTV Building into mixed-use residential tower

Led by Dallas Mayor Mike Rawlings, New Orleans-based HRI Properties will officially mark the launch of the LTV Building’s $80 million conversion into downtown Dallas’s first mixed-use hotel and residential complex.

New Orleans-based HRI Properties, LLC (HRI) recently completed the purchase of one of the most storied buildings in downtown Dallas and will convert it to an innovative mixed-use complex that will include a 171-room Hilton Garden Inn Hotel and 186 luxury apartments.

While multi-use residential conversions are still relatively rare in the U.S. outside of New York City, this will be the sixth such development by HRI. The company has converted similar projects in New Orleans, Houston, Jackson, MS and Richmond, VA. Currently, HRI is also redeveloping the 225 Baronne Building in downtown New Orleans into a 188-room Aloft Hotel and 192 apartments.

“HRI Properties is a well respected developer out of New Orleans that has a successful track record in developing residential and hotel projects, and their plans for residential, hotel and retail will add greatly to the fun, vibrancy and quality of life creating a more urban environment Downtown,” said John Crawford, CEO of Downtown Dallas, Inc.

“The redevelopment of 1600 Pacific is giving our downtown revitalization efforts another real boost and serves as yet another example of the importance of public/private partnerships to achieve mutual goals and objectives,” Crawford added.

“Today represents another accomplishment in our commitment to revitalize downtown,” Mayor Rawlings said. “This project will help attract more urban residents of all ages, incomes and backgrounds to downtown and continue to establish it as a vibrant neighborhood.”

The building, constructed in 1964, was known for many years as the LTV Building, headquarters of the former Ling-Temco-Vought company. The building’s façade created the world’s largest electronic signboard at the time. Thirty windows on each of the upper 25 floors were individually controlled and could be configured to shapes, letters and messages.

“In the thirty years since our founding, we have established a unique expertise in revitalizing urban centers through adaptive redevelopment of historic buildings,” said Tom Leonhard, CEO of HRI. “Communities as varied as Richmond and Jackson have enthusiastically welcomed our capabilities in reviving their downtown centers, and we look forward to replicating that success in a major market like Dallas,” he said.

“The cooperation of local officials and partners is absolutely essential in a project of this nature,” said Leonhard. “This would not have come to a successful closing without the enthusiastic support from Mayor Rawlings, the City of Dallas Office of Economic Development, Downtown Dallas, Inc. and District 14 Councilmember Philip T. Kingston, who was instrumental in navigating the regulatory process for the conversion of this Dallas landmark into its new life as a multi-use complex,” Leonhard added.

The 32-story LTV Building is within walking distance to major downtown office buildings and the DART light rail. Residents will have exclusive access to 206 self-park parking spaces in the building on floors 2-4. The hotel will utilize 148 valet parking spaces in the basement of the LTV Building.

Construction is scheduled to be completed by third quarter 2015.

Architects for the project are HCI Architecture, Inc. and Merriman Associates/Architects, Inc. of Dallas. Interior design is by Looney & Associates. The general contractor is Andres Construction Services of Dallas.

Financing was provided through Capital One Bank and Fidelity Homestead Savings Bank, both in New Orleans.

HRI Lodging, HRI’s affiliated hotel management arm, will mange the Hilton Garden Inn Hotel, and HRI Management will manage the apartments.

The hotel amenities will include a first floor lobby with a restaurant/bar with outdoor seating. 2,000 square feet of meeting space will be constructed on the fifth floor, along with an outdoor pool deck and a fitness center for the hotel guests. Guest rooms will include all Hilton Garden Inn brand standard features including 42” flat panel TVs and in-room refrigerator.

The 186 apartment units will be located on floors 15 through 32 and feature condominium level finishes, washer and dryer appliances and stunning views of the Dallas skyline. Separate resident-only amenities include a fitness center, rooftop deck, and community space in addition to access to the public amenities of the hotel such as restaurant and bar space.

Collaborating virtually requires a person to filter out the periphery of their field of vision and focus on the glow of the screen. Zoom fatigue is a well-documented result of our over-reliance on one method of communication to work. We need time for focus work but working in isolation limits creative outcomes and innovations that come from in-person collaboration, write GBBN's Eric Puryear, AIA, and Mandy Woltjer.

The 2023 Women in Residential + Commercial Construction Conference will take place October 25-27 in Nashville, Tenn.

Building Team | Mar 8, 2023

Call for Speakers: BD+C’s 2023 Women in Residential + Commercial Construction Conference

The 2023 Women in Residential + Commercial Construction conference event will take place October 25-27 in Nashville, Tenn., and will bring together more than 300 women leaders from all facets of the $1.4 trillion U.S. residential and commercial constructing sector.

The historic facade rehabilitation and window replacement at the 69th Regiment Armory has been selected for the Lucy G. Moses Preservation Award, the New York Landmarks Conservancy’s prestigious recognition for outstanding preservation efforts.

Reconstruction & Renovation | Mar 8, 2023

Hoffmann Architects + Engineers receives Lucy G. Moses Preservation Award from New York Landmarks Conservancy

Hoffmann Architects + Engineers, a design firm specializing in the rehabilitation of building exteriors, announces that the historic facade rehabilitation and window replacement at the 69th Regiment Armory has been selected for the Lucy G. Moses Preservation Award, the New York Landmarks Conservancy’s prestigious recognition for outstanding preservation efforts.

Architects | Mar 7, 2023

David Chipperfield named 2023 Pritzker Architecture Prize laureate

Widely regarded as architecture's highest honor, the 2023 Pritzker Architecture Prize has been awarded to UK-based architect David Chipperfield. In honoring Chipperfield with the award, the Pritzker Prize jury cited the architect's "commitment to an architecture of understated but transformative civic presence and the definition—even through private commissions—of the public realm."

Multifamily Housing | Mar 7, 2023

Multifamily housing development in Chicago takes design inspiration from patchwork and quilting

HUB 32, a 65-unit multifamily housing development, will provide affordable housing and community amenities in Chicago’s Garfield Park neighborhood. Brooks + Scarpa’s recently unveiled design takes inspiration from the American tradition of patchwork and quilting.

$25 billion World Logistics Center Highland Fairview

Industrial Facilities | Mar 6, 2023

The largest planned logistics and business park in North America gets under way in Southern California

The $25 billion World Logistics Center will boost the supply chain capabilities of Southern California and will serve as a distribution center for destinations across the continent.

Healthcare Facilities | Mar 6, 2023

NBBJ kicks off new design podcast with discussion on behavioral health facilities

During the second week of November, the architecture firm NBBJ launched a podcast series called Uplift, that focuses on the transformative power of design. Its first 30-minute episode homed in on designing for behavioral healthcare facilities, a hot topic given the increasing number of new construction and renovation projects in this subsector.

Two-sided theater auditorium in Federal Way High School

K-12 Schools | Mar 6, 2023

Benefitting kids through human-centric high school design

Ingrid Krueger, AIA, LEED AP, shares why empathetic, well-designed spaces are critical in high schools.

Adaptive Reuse | Mar 5, 2023

Pittsburgh offers funds for office-to-residential conversions

The City of Pittsburgh’s redevelopment agency is accepting applications for funding from developers on projects to convert office buildings into affordable housing. The city’s goals are to improve downtown vitality, make better use of underutilized and vacant commercial office space, and alleviate a housing shortage.

Currently Reading

Developer will convert Dallas' storied LTV Building into mixed-use residential tower

Tags

Affordable Housing | Mar 8, 2023

Architects | Mar 8, 2023

Building Team | Mar 8, 2023

Reconstruction & Renovation | Mar 8, 2023

Architects | Mar 7, 2023

Multifamily Housing | Mar 7, 2023

Industrial Facilities | Mar 6, 2023

Healthcare Facilities | Mar 6, 2023

K-12 Schools | Mar 6, 2023

Adaptive Reuse | Mar 5, 2023

Most Popular Content

Magazine Subscription

Get our Newsletters

Follow BD+C: