Real Estate

Humongous Arts District Development Gobbling Up Portions of Several Downtown Streets

Right now, the land stretching south and east of The Arts District toward Deep Ellum is a sea of parking lots. We've known for a while now what's supposed to go there -- a humongous, six-building mixed-use development known as The Spire -- but news has been scarce since developers first announced their plans more than two years ago.

It seems the project is still moving forward, as the City Council will vote Wednesday on whether to to abandon stubby segments of Federal, Hawkins, and Jack Evans streets to make way for the development. The city would then sell the 15,000 square feet of land to Spire Realty Group, which spent a decade acquiring the surrounding property, for $1.9 million.

First up for Spire is the 21-story office tour you see above. It'll have 390,000 square feet of office space and a ground level devoted to retail. I have a call in to the company, which has not yet announced anything by way of a timeline. For now, we'll go with what Spire President Caleb Smith told the Morning News in 2010, "We are not in a rush."