Tall & Urban News

Developers Announce Transformative Downtown Dallas Project

In all, the 825,000-square-foot (76,645 square meter) One Newpark will stand 38 floors high.
In all, the 825,000-square-foot (76,645 square meter) One Newpark will stand 38 floors high.
02 November 2020 | Dallas, United States

Hoque Global and its partners will begin construction on what could be the tallest structure on the southern end of downtown Dallas—adjacent to Dallas City Hall, Dallas Convention Center, and Dallas Farmers Market in 2021. One Newpark is the phase-one anchor of Newpark Dallas, a smart district, which developers say will transform downtown Dallas’ southern limits as the city grows south. Hoque Global and development partner Lanoha Real Estate Company will begin building the 38-floor tower in its strategic and catalytic project that will create a major technology and education hub, and that is slated to become the next center of urban growth.

Building off the widely acclaimed and City Council-adopted Downtown 360 Plan, Newpark Dallas has been carefully planned to exemplify smart urban principles and become the connective tissue linking key downtown zones.  The streets within Newpark will be full of life with shops and restaurants lining the base of buildings from the Convention Center to Farmer’s Market with wide sidewalks, bike lanes, and urban landscaping.

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Newpark Dallas will have over a million square feet (92,903 square meters) of Class A office space, 200,000 square feet (18,580 square meters) of urban retail space, thousands of residential units, a four-star hotel, and a proposed one-million-square-foot educational campus with facilities ranging from pre-K through higher education.

The development team is working with the City to create a large new urban park, which will anchor the district and offer a respite of green space in the heart of the bustling neighborhood and tie together surrounding civic and public spaces such as City Hall Plaza, Pioneer Park, Dallas Heritage Village, AT&T’s new Discovery District, and future deck parks.

“A project of this magnitude with the ability to transform a city requires bold vision and relentless dedication to making a positive social impact in the community,” said Mike Hoque, CEO & Founder of Hoque Global. “No single person or group can make such an undertaking become reality. It requires a fleet of fearless and mission-focused leaders coming together under a common cause.  This is Newpark Dallas.

“A status quo development could have been built several times over,” he continued. “But the opportunity to do something truly special for Dallas will take bold initiative from many stakeholders in our community.  We are so inspired and ready to move ahead working together as a community.”

Dale Petroskey, President and CEO of the Dallas Regional Chamber, called the project imaginatively exciting.

“In recent years, we’ve felt the positive impacts of several transformative new developments all around downtown Dallas, and we appreciate Hoque Global’s vision and commitment to making downtown even more attractive for companies looking to locate here and people looking to work and live here,” he said.

Dr. Eric Anthony Johnson, Chief of Economic Development and Neighborhood Services at the City of Dallas, said a major technology and education hub next to City Hall will be a huge economic catalyst that can transform this part of the city and lead to more opportunities for Dallas to continue growing its economic base.

For more on this story, go to D Magazine.