A planned luxury hotel and residential tower in Uptown Dallas with a more than $200 million price tag is seeking city zoning approval.
Hotel developer and restaurateur Robert Colombo aims to build the Montclair Hotel and Residences, an approximately 23-story tower at 2516 Maple Ave. The project requires a height variance and other tweaks to existing zoning. Colombo is seeking a maximum height of 350 feet at the site.
The case will appear before the City Planning & Zoning Commission Thursday, and Colombo aims to bring the case before the city council at the end of the month.
Colombo told The Dallas Morning News the development will include 12 to 15 residences, 65 hotel rooms and suites, a spa, restaurants and a small banquet facility.
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“This project will be small in stature, but it will be executed at a level that we don’t have a tremendous amount of competition with right now,” he said.
The for-sale units are expected to be roughly 3,000 square feet and will occupy the tower’s top 10 floors. Buyers could opt to take a full floor, giving them roughly 6,000 square feet, Colombo said.
Retail and restaurants will occupy the bottom floor, and the hotel will occupy the remainder.
Talks on branding for the hotel and residential tower are ongoing. Colombo estimates the total investment on the project will be $200 million to $250 million.
The project could start moving forward in May as designs are finalized. The first shovel is expected to hit the dirt in May 2027, and the tower could open in spring 2030, he said.
This is the Monclaire Hotel & Residences, which developer Robert Colombo hopes to begin building along Maple Avenue, on the former Hotel St. Germain site, within the year.
Courtesy St. German Development LLC/Nunzio Marc DeSantis Architects
The tower will replace the former Hotel St. Germain, a Victorian mansion built in 1897 and updated throughout the decades. The Dallas Morning News called the property “one of the city’s earliest homes” in October 1947 coverage.
Colombo said he’s in talks with several groups about moving the home to another site. Firms have estimated the cost to move the mansion would run $300,000 to $500,000, he said.
“We’re going to do everything in our power, and we’ve talked to city planning about not tearing it down,” he said.
Colombo’s Ivy P3 Group and Horizon Capital Partners have joined forces for the project. Dallas-based Nunzio Marc Desantis Architects is serving as the lead architect.
The project received the Oak Lawn Committee’s blessing this past summer. While not required, developers bring projects before the body to drum up support.
It’s the latest Dallas venture for Colombo, a native New Yorker with 40 years of hospitality experience.
He’s held executive positions at various hotel properties, including a stint at New York’s Plaza Hotel.
Colombo made his name in Dallas in the 1980s when he helped bring San Simeon and Sfuzzi to McKinney Avenue. He was also part of the development of The Joule hotel in downtown Dallas.
“Dallas is not a sleepy city anymore,” he said. “Uptown is probably one of the most important areas in the county from a financial and development perspective.”
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The tower’s tenants include the engineering and design firm Jacobs.