Crews have begun tearing down an apartment complex at 2530 Reagan St. and other structures on the parcel. The 2½-acre site bounded by Fairmount Street, Shelby Avenue, Reagan Street and Maple Avenue will house the Old Parkland East expansion. The new portion will include 300,000 square feet of office space and multiple buildings.
The plot was full of rubble Thursday afternoon. Demolition permits for small apartment buildings at 2530 Reagan St., 3911 Fairmount St. and 2517 Shelby Ave. were filed in May.
A Crow Holdings-affiliated partnership owns the Reagan Street parcel and another to the east, where the Seville Uptown apartments are located. No demolition permits have been filed for the larger Seville apartment building, county tax and city permit records show.
Cody Armbrister, senior managing director of Crow Holdings Development’s office sector, outlined the project during a May meeting of the Oak Lawn Committee.
Crow Holdings plans to build a 10-story building behind two four-story buildings. The 10-story building also includes two seven-story companion towers, Armbrister said. The project’s highest point will be the spire at the top of the tallest tower — 290 feet. The phase will also include four levels of below-grade parking.
The project’s signature building will be called Tholos, a marble dome that will include statues and artwork celebrating Western civilization. A tholos is a Greco-Roman building type: a round structure with a circular wall and roof. One notable example sits atop the U.S. Capitol’s cast-iron dome.
Armbrister previously told The Dallas Morning News that he hopes the firm can start the project as soon as early fall. The project could finish in early 2029. Dallas City Council approved a rezoning request last month. Crow Holdings has declined to provide details about its investment into the expansion and did not provide additional details about the project’s timeline
Wales-based Craig Hamilton Architects and Dallas’ The Beck Group will design the building, with Beck serving as the general contractor.
The Old Parkland campus surrounds the original 1913 Parkland Hospital building, which investor and developer Crow Holdings restored starting in 2006 for its headquarters. It reopened in 2008. The initial 9½ acres feature restored and newly constructed Jeffersonian-style office buildings.
The first phase of the Old Parkland East opened last year. A majority of the office campus’ tenants are principal-based investors — family offices, private equity firms, investment banks, hedge funds, endowments and charities. The property is known as a hub for Dallas’ top family offices and wealth managers.