NEW HAVEN, Conn. (June 19, 2014) – Calling it “the first commercial building in Dallas to be designed by an internationally acclaimed architect since the 1980s,” officials from Crescent Real Estate Holdings LLC today broke ground on Pelli Clarke Pelli Architects’ first building in Dallas. McKinney & Olive is a 20-story office and retail building in the vibrant pedestrian-oriented Uptown Dallas neighborhood. Cesar Pelli, Dallas Mayor Mike Rawlings, and Dallas City Council member Philip Kingston joined Crescent leaders for the milestone ceremony.
“We are extremely honored to be working with legendary architect Cesar Pelli of Pelli Clarke Pelli Architects,” said John Goff, chairman and chief executive officer for Crescent Real Estate Equities, LLC. “He and his team have done a remarkable job of reflecting the vitality of Uptown in the design of the building.”
Adjacent to the Ritz-Carlton and The Crescent hotels and just blocks from downtown’s Dallas Arts District and Klyde Warren Park, the building will crown the skyline as the tallest building in Uptown. In addition to 480,000 square feet of premium office space, McKinney & Olive will include 50,000 rentable square feet of retail space, a coffee shop, and three restaurants. The development is expected to achieve LEED Gold certification.
“I believe Dallas is in the process of coalescing and becoming a great city,” Pelli said. “We’re very happy to build McKinney & Olive in Uptown, which we consider the most vibrant and elegant piece of Dallas. We believe our building will contribute to the strength of its character and make Uptown a richer, more interesting place.”
The 3.1-acre site at McKinney Avenue and Olive Street will also feature a generously-sized outdoor gathering space designed by the Office of James Burnett. This landscaped piazza along Olive Street will feature mature street trees on all four sides. Nearly an acre in area, this lively space will include umbrella-covered tables for dining, park benches, and water features.
Crescent will begin construction immediately, and completion is estimated for summer 2016. The project team also includes Kendall/Heaton Associates as executive architect and Beck Group as general contractor.