{"id":316548,"date":"2026-05-31T14:24:21","date_gmt":"2026-05-31T14:24:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/316548\/"},"modified":"2026-05-31T14:24:21","modified_gmt":"2026-05-31T14:24:21","slug":"att-plans-dallas-reunion-tower-replica","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/316548\/","title":{"rendered":"AT&T Plans Dallas Reunion Tower Replica"},"content":{"rendered":"

AT&T isn\u2019t just ditching Downtown Dallas\u2013it\u2019s building a replica<\/a> of one of Dallas\u2019 few landmarks, too.\u00a0<\/p>\n

As the telecoms giant makes progress on its 54-acre Plano campus, it secured approval from the city of Plano to build a \u201cmini Reunion Tower,\u201d made in the image of Dallas\u2019 561-foot-foot observation deck. AT&T\u2019s tower, which will double as a communication antenna, is projected to be 280 feet tall. The proposal still needs approval from the Federal Aviation Administration.<\/p>\n

In unveiling plans for the campus, AT&T CEO John Stankey called the replica \u201ciconic,\u201d saying it would be a \u201cfoundational part of the campus,\u201d the Dallas Morning News reported<\/a>. Plano Planning Commissioner Ban Alali remarked that the structure is a striking resemblance to Reunion Tower.<\/p>\n

AT&T\u2019s exit<\/a>, which was announced in January, struck a still-reverberating blow to Downtown Dallas, which has been losing office tenants to well-heeled suburbs for years despite efforts from the city and local developers to boost the struggling neighborhood. The company said it made the move in response to safety concerns and to shorten employee commute times after mandating a five-day office week. The move will leave a 2 million-square-foot hole in Downtown Dallas\u2019 office market, which includes the 37-story Whitacre Tower where its lease runs until 2031.<\/p>\n

Plano lured AT&T to the suburbs with a $20 million incentives package. KDC locked in a $400 million construction loan for AT&T\u2019s 2.3 million-square-foot campus earlier this month. The company aims to move into the campus in the second half of 2028.\u00a0\u00a0\u00a0<\/p>\n

While Dallas\u2019 Reunion Tower is topped with a ball covered in custom LED light fixtures, the ball topping AT&T\u2019s Plano tower will feature the company\u2019s globe logo.\u00a0<\/p>\n

The Line Austin faces foreclosure<\/p>\n

The Line Austin<\/a> is the third Line hotel to face foreclosure since 2025. The upscale Downtown Austin hotel that opened in 2018 is scheduled to be auctioned on Tuesday after owner Soho House purportedly defaulted on the $172 million loan tied to the property, according to Roddy\u2019s Foreclosure Listing Service. Lenders foreclosed on The Line LA<\/a> and The Line DC<\/a> last year, taking control of the properties at auction. The Austin hotel was developed by Andrew Zobler\u2019s Sydell Group, but the firm sold its stake in the brand to Soho House & Co.<\/p>\n

Distress wave hits S2 Capital\u00a0<\/p>\n

Cracks are showing in Scott Everett\u2019s maneuver to shield S2 Capital\u2019s multifamily portfolio from floating-rate debt. Distress has crept into the real estate investment trust he created to buy time for interest rates to fall. The Republic, an apartment building in Garland, is scheduled for foreclosure auction<\/a> on Tuesday after S2 allegedly defaulted on the $78.6 million loan tied to the 1,033-unit apartment complex. Everett said the property is under contract to sell within the month. Morningstar Credit reported that three loans totaling $250 million tied to S2-owned properties in Texas and Arizona were flagged for special servicing<\/a> after failing to meet underwritten cashflow.\u00a0<\/p>\n

Paxton trounces in industry-dividing runoff<\/p>\n

Texas Attorney General Ken Paxton defeated incumbent Sen. John Cornyn<\/a> in the Texas U.S. Senate Republican primary runoff in a landslide. Though Cornyn secured a bigger chunk of the vote in the primary, Paxton won nearly 64 percent of the vote on Tuesday, to Cornyn\u2019s 36 percent. President Trump endorsed<\/a> Paxton a week before the runoff, calling him a \u201cMAGA Warrior\u201d on social media, the Texas Tribune reported. Paxton has drawn support from a roster of real estate heavyweights, including Danny Signorelli, the founder of Houston-based developer Signorelli Company, James Mabrey, Rex Glendenning and Centurion American CEO Mehrdad Moyaedi. Paxton will square off against Democratic nominee James Talarico in November.<\/p>\n

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Plano greenlights \u201cmini Reunion Tower\u201d plan on future AT&T campus<\/p>\n

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End of The Line? The Line Austin faces foreclosure after lenders took back DC and LA hotels<\/p>\n

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Scott Everett\u2019s S2 Capital faces $78M foreclosure amid REIT equity wipeout<\/p>\n

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