Press
Nov 01, 2018 - Press Release
MedProperties Realty Advisors, LLC
Nov 11, 2016 - Press Release
Fox Restaurants Concepts’ North Italia Restaurant will Open a New Dallas Location at The Union Dallas in 2018

RED Development today announced that Fox Restaurants Concepts’ North Italia restaurant will open a new Dallas location at The Union Dallas in 2018. The 5,500 square-foot modern, full service pizza and pasta Italian concept from restaurateur Sam Fox, will be on the ground level overlooking the central plaza of the office, residential and retail project that will total approximately 800,000 square feet in the Uptown area of Dallas.

Serving lunch and dinner seven days a week, the restaurant is designed to open onto Field Street and will offer indoor and outdoor seating. Known for its made-from-scratch daily pastas and pizzas, the restaurant will bring a fresh, inviting and moderately priced dining option to the area. North Italia will join another Sam Fox restaurant at this location, The Henry.

“North Italia is a sophisticated, highly successful restaurant concept from the one and only Sam Fox, which perfectly complements the polished, welcoming live-work-play urban environment we are creating at The Union,” said Mike Ebert, Managing Partner, RED Development. “North is a real draw that will appeal not only to residents and people who work at The Union, but also to neighbors and visitors to Uptown Dallas seeking a best-in-class restaurant that marries wonderful food with a hip and inviting setting.”

“After the success we’ve seen with North in Austin, we’ve been eager to bring this restaurant to Dallas,” said Sam Fox Founder of Fox Restaurant Concepts. “The Union is going to provide an energetic community dynamic, and hopefully North will provide a unique experience for any occasion: a quick drink after work, causal lunch or special dinner.”

Fox Restaurant Concepts already has a strong foothold in Dallas with their wildly successful True Food Kitchen in Preston Center. They are currently building another restaurant, Flower Child, in Inwood Village that is scheduled to open soon.

At The Union location, guests can expect to enjoy the same freshly made tasty mix of pizzas, along with a mix of chicken, seafood and steak options offered in their other nine locations in Arizona, California, Colorado, Kansas and Texas. Slow-cooked short ribs, New York Strip, Atlantic Salmon and Diver Scallops will be on the menu along with home-made Strozzapreti with Bloomsdale spinach, supple ribbons of tagliatelle for Bolognese and several pizza options accompanied by an extensive wine list and mouth watering desserts like Salted Caramel Budino and Olive Oil Cake.

“The vibrant mix and quality of dining options at The Union is one of the many amenities that initially attracted our firm to this location,” said Vinson & Elkins Partner John Wander. “The walkability to a variety of restaurants is important to our more than 145 attorneys and will also offer convenient opportunities for our clients. We are looking forward to moving to this highly-desirable workplace and location.”

Beyond the inviting ground-floor location that is within walking distance of Dallas’ premier sports, entertainment, museum and outdoor park venues, The Union’s 21,000-square-foot green space and events plaza will enhance North Italia’s exceptional culinary experience. The central plaza will be designed by top Texas landscape designer, Office of James Burnett, and will be surrounded by water features, seating areas, trees and a performance area so that diners may extend their experience before or after their meal with a stroll through the green space or simply sit and enjoy the ambiance of the park-like setting.

Located at Field Street and Cedar Springs Road, The Union is a connection point for many of Dallas’ most vibrant business and residential districts including Downtown, Uptown, the Arts District and Victory Park neighborhoods. Ideally located, the signature 22-story contemporary designed blue-hued office tower and 23-story residential tower offer sweeping views of the city with unparalleled conveniences and amenities to tenants.

The Union offers 417,000 square feet of premier Class-AA rentable office space – two premier professional services firms were previously announced to be moving to The Union Dallas office tower. One of the nation’s largest law firms, Vinson & Elkins, will move its firm to the project in 2018 and will occupy approximately 82,000 square-feet on three floors of the signature office building. Weaver, the largest independent accounting firm in the Southwest, will move its Dallas office to approximately 58,000 square feet and two floors in the office tower.

Strategic project partner, StreetLights Residential, is leading the design and development for the 23-floor residential tower offering 309 luxury apartment homes and distinctive amenities. Designed by Dallas-based architect, HKS, Inc., and with DPR as the general contractor, the project will feature 87,000 square-feet of retail including a 60,000 square-foot Tom Thumb grocery store on the ground floor to provide convenient on-site grocery shopping.

Mike Kallner with RED Development oversees retail leasing along with CBRE/UCR’s Urban Retail and Leasing team.

About The Union Dallas

Project plans for The Union Dallas include a residential tower and an office tower above retail, restaurants and parking. Overall, the project is being designed to connect the many elements of nearby Dallas neighborhoods, with an energetic, 24/7 mix of uses in a sustainable, distinctive setting that features an engaging, open-air central plaza. For more information and full project details, please visit www.theuniondallas.com.

About RED Development

A privately held, wholly integrated commercial real estate company based in Phoenix with corporate offices located in Dallas, TX and Overland Park, KS, RED maximizes asset value and performance for its high-quality retail and mixed-use portfolio that comprises 34 properties totaling nearly 17 million square feet in 11 states. RED is well known for developing the large-scale CityScape project in Phoenix, a new office, hotel, residential and entertainment destination that has re-energized the city’s downtown adjacent to professional sports venues including Chase Field and Talking Stick Resort Arena. For more information, visit www.reddevelopment.com.

Dec 18, 2015 - Press Release
Weaver Announced the Firm will Move its Dallas Office to The Union Dallas

Weaver, the largest independent accounting firm in the Southwest, today announced the firm will move its Dallas office to approximately 58,000 square feet and two floors in The Union Dallas, RED Development’s mixed-use project in Uptown. Located at Field Street and Cedar Springs Road, The Union is a new office, residential and retail project that will total approximately 800,000 square feet and is scheduled to open in 2017. Scott Morse and Scott Jessen with Citadel Partners represented Weaver, and John Brownlee and Sarah Hinkley with Peloton Commercial Real Estate represented the landlord, along with Paul Rowsey of RED Development in lease negotiations.

Weaver will move from their current Park Central location to Dallas’ burgeoning Uptown area in 2018. Serving as a connection point for many of Dallas’ most vibrant business, residential and entertainment districts, The Union will offer premier amenities to the 200 plus staff members expected to move into the new space (based on the firm’s growth projections over the next three years).

“Moving our Dallas office to this prime location will support and facilitate Weaver’s growth opportunities, increase our brand recognition and enhance our recruiting efforts,” said John Mackel, Weaver’s managing partner and CEO. “The Union is the ideal location because it’s close in proximity to many of our existing clients and referral relationships, particularly hedge and private equity funds. We also anticipate The Union to be a destination of choice for the Dallas business community, as well as a desired entertainment and residential location that can be enjoyed by our employees.”

“We look forward to welcoming a premier accounting firm like Weaver to The Union,” said Mike Ebert, managing partner, RED Development. “Since 1950 when they opened their first office in Fort Worth, Weaver has demonstrated their commitment to the North Texas business community and to providing high-quality, customized services to their clients. We are excited to welcome Weaver as one of the initial office tenants to the building.”

The Union’s innovative architecture, myriad of on-site amenities and dynamic location offers a unique campus to the area surrounded by Dallas’ premier sports, entertainment, museum and outdoor park venues. With sweeping views of the city, the 417,000 square-foot office tower boasts 22-stories combined with 87,000 square feet of retail space and a 309-unit high-rise apartment building.

“We are excited to have participated with Weaver in their decision to relocate to The Union,” said Scott Morse, managing partner at Citadel Partners. “The move is consistent with their growth and branding initiatives, and we believe the relocation to The Union will prove to be a smart business decision.”

RED Development, the project developer with a corporate office location in Dallas, announced The Union in May 2014 and is also leading the design and construction for the project. The typical floor plans for the striking office tower include 10-foot finished ceilings and floor-to-ceiling vision glass offering panoramic views of Uptown, Downtown, the Arts District, Klyde Warren Park and the Margaret Hunt Hill Bridge.

The project’s amenities include a 60,000 square foot Tom Thumb grocery store on the ground floor to provide convenient on-site grocery shopping plus dining options wrapping around the ground level ranging from white tablecloth to fast-casual.

About Weaver

Founded in 1950, Weaver currently has 500+ employees and offices in eight cities across the United States. Weaver is ranked the largest independent accounting firm in the Southwest by Accounting Today magazine. The firm is also ranked the 38th largest firm in the United States and a ‘2015 Best of the Best Firm to Watch’ by INSIDE Public Accounting.

Weaver serves a broad range of clients including public and private national and international companies, nonprofit organizations and government entities. In addition to traditional assurance and tax services, Weaver also provides numerous advisory services, including risk advisory, transaction advisory, IT advisory, energy compliance and consulting, forensics and litigation, international tax, property tax, state and local tax, and wealth strategies services. Learn more at www.weaver.com.

About The Union Dallas

Project plans for The Union Dallas include an office tower above retail and a residential tower, restaurants, an amenity deck and parking. Overall, the project is being designed to connect the many elements of nearby Dallas neighborhoods, with an energetic, 24/7 mix of uses in a sustainable, distinctive setting that features an engaging, open-air central plaza. For more information, visit www.theuniondallas.com.

About RED Development

A privately held, wholly integrated commercial real estate company based in Phoenix with corporate offices located in Dallas, TX and Overland Park, KS, RED maximizes asset value and performance for its high-quality retail and mixed-use portfolio that comprises 34 properties totaling 17 million square feet in 11 states. Celebrating its 20th anniversary in 2015, RED is well known for developing the large-scale CityScape project in Phoenix, a new office, hotel, residential and entertainment destination that has re-energized the city’s downtown adjacent to professional sports venues including Chase Field and US Airways Center. For more information, visit www.reddevelopment.com.

Sep 16, 2015 - Press Release
StreetLights Residential Announces Future Home at The Union

StreetLights Residential (SLR) today announced plans to move its corporate offices to The Union in 2017. SLR, one of Dallas’ most experienced high-rise multifamily developers, will lease approximately 18,000 square feet in the project’s new office tower. The Union is a new office, residential and retail project that will total approximately 800,000 square feet and is scheduled to open in 2017.

Located at Field Street and Cedar Springs Road, the mixed-use project is a connection point for many of Dallas’ most vibrant business and residential districts including Uptown, Downtown, the Arts District and Victory Park neighborhoods. SLR, a strategic partner in the project, chose the 22-story office tower because the project is ideally located within walking distance of Dallas’ premier sports, entertainment, museum and outdoor park venues. Also, the contemporary designed blue-hued office tower offers sweeping views of the city with unparalleled conveniences and amenities to tenants. Designed by Dallas-based architect, HKS, Inc., the project will include a 60,000 square foot Tom Thumb grocery story on the ground floor to provide convenient on-site grocery shopping plus dining options ranging from white tablecloth to fast-casual.

SLR chooses partners who have the same concern and proactive stance on being a community partner in the neighborhoods they are working in and chose The Union as its new office home because it embraces the same goals. Through taking pride in its developments within the neighborhoods they reside in, SLR adds value by focusing on protecting and enhancing the surrounding landscape, all of which aligns with The Union’s design and long-term vision.

“One of our objectives is to make StreetLights a great place to work and moving to The Union will punctuate that effort,” said Doug Chesnut, CEO of StreetLights Residential. “Its quality amenity package and the bold, energetic design of the entire project reflect the vibrancy of Uptown. The core values mirror those with which we have built our company and attribute to attracting top talent. We can’t wait to call such a dynamic project and neighborhood home.”

RED Development, the project developer, announced The Union in May 2014, and is also leading the overall design and construction for the project. SLR is leading the design and development for the multi-family component.

“StreetLights has built an impressive reputation in the Dallas real estate community and we look forward to welcoming their team to The Union’s office tower,” said Mike Ebert, managing partner, RED Development. “StreetLights focuses on developing residential projects that preserve and enhance the neighborhoods in which they are located and that matches our plans for The Union.”

Established in Dallas four years ago, SLR has numerous urban infill projects throughout the country with more than 3,000 units under construction in four Texas markets.

About StreetLights Residential

StreetLights Residential specializes in high-end, new urbanist apartment homes and mixed-use developments. Our business plan focuses on building around the highest home prices (price per square foot). With our in-house development, design, and construction expertise, the StreetLights team focuses on custom luxury communities which rival the experience, lifestyle, and amenities of living in an urban boutique hotel. Since StreetLights’ inception in 2011, we have grown to more than 100 employees in our development and construction companies with offices in Dallas, Austin, Houston, San Diego and Nashville with an office opening in Phoenix in the coming months. For more information, visit www.streetlightsres.com.

About The Union Dallas

Project plans for The Union include a residential tower and an office tower above retail, restaurants and parking. Overall, the project is being designed to connect the many elements of nearby Dallas neighborhoods, with an energetic, 24/7 mix of uses in a sustainable, distinctive setting that features an engaging, open-air central plaza.

Architectural plans call for a contemporary 414,000 square-foot, 22-story office tower with sweeping views of the city; a pleasingly scaled, 22-floor residential high-rise including 300 apartments with balconies and views; a 25,000 square foot shared amenity deck; plus 10 levels of parking.

May 21, 2015 - Press Release
Tom Thumb to Anchor Retail at Mixed-Use Project, The Union Dallas (Previously known as Akard Place)

RED Development today announced its first major retail tenant for The Union Dallas, Tom Thumb, the supermarket chain founded in Dallas in 1948. The Union is a new office, residential and retail project that will total approximately 800,000 square feet. Located at Field Street and Cedar Springs Road, the mixed-use project is a connection point for many of Dallas’ most vibrant business and residential districts including Downtown, Uptown, the Arts District and Victory Park neighborhoods.

RED Development announced the new project in May 2014, and is leading the overall design, development, and construction for The Union. The property’s website, theuniondallas.com, now features full project details.

“Tom Thumb is a high-quality grocery favorite in the Dallas area that will be a superior amenity, not only for the people who will live and work at The Union, but also for the nearby burgeoning residential districts,” said Mike Ebert, Managing Partner, RED Development. “A retailer like Tom Thumb means all-day, everyday energy for this project and adds to the exciting momentum we are creating at The Union.”

The Union is scheduled to open in 2017. The site is southeast of American Airlines Center and within walking distance of The Ritz-Carlton, Katy Trail, the Perot Museum of Nature and Science and Klyde Warren Park.

“The Union is a premier location for our new Tom Thumb store, at the heart of many nearby neighborhoods and the city’s top attractions.” said, Scott Hays, President of Tom Thumb. “We are looking forward to adding to this exciting project by serving residents, office tenants and the local community, as we have for over 67 years.

In addition to two towers of office and residential, at completion The Union will feature 85,000 square feet of sit-down and fast-casual restaurants plus retail, including the 60,000 square foot Tom Thumb grocer. Texas-based CBRE/UCR’s Urban Retail and Leasing team will lead the leasing effort for the additional 25,000 square feet of retail space remaining at the property.

RED’s other key partners for the project are Dallas-based StreetLights Residential for the residential element; Peloton as office leasing agents; Houston-based landscape design firm, The Office of James Burnett (OJB); and Dallas-based design architect, HKS, Inc.

“The addition of a household-name grocer such as Tom Thumb contributes to our goal of creating luxury, urban communities within close proximity of local attractions and everyday needs,” said Doug Chesnut, CEO of StreetLights Residential. “We are pleased to be working alongside our strategic partner, RED and watching the progression and momentum building for the The Union mixed-use project. We look forward to seeing the finished product.”

More About The Union Dallas

Project plans for The Union include a residential tower and an office tower above retail, restaurants and parking. Overall, the project is being designed to connect the many elements of nearby Dallas neighborhoods, with an energetic, 24/7 mix of uses in a sustainable, distinctive setting that features an engaging, open-air central plaza.

Architectural plans call for a contemporary 407,000 square-foot, 22-story office tower with sweeping views of the city; a pleasingly scaled, 20-floor residential high-rise including 300 apartments with balconies and views; a 25,000 SF shared amenity deck; plus 11 levels of parking.

About Tom Thumb

Tom Thumb Food & Pharmacy currently operates 58 stores throughout North Texas under the Tom Thumb banner and an additional 49 Albertsons banner stores. A division of AB Acquisition LLC, which operates the Albertson’s LLC, NAI and the Safeway family of stores, the company is one of the world’s largest food and drug retailers, with more than 2,200 stores in 34 states and the District of Columbia under 18 banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME Markets, Randalls, United, Pavilions, Star Markets, Market Street, Amigos, Carrs. The company is privately owned by a consortium led by Cerberus Capital Management.

About RED Development

A privately held, wholly integrated commercial real estate company based in Phoenix with corporate offices located in Dallas, TX and Overland Park, KS, RED maximizes asset value and performance for its high-quality retail and mixed-use portfolio that comprises 33 properties totaling 16 million square feet in 11 states. Celebrating its 20th anniversary in 2015, RED is well known for developing the large-scale CityScape project in Phoenix, a new office, hotel, residential and entertainment destination that has re-energized the city’s downtown adjacent to professional sports venues including Chase Field and US Airways Center. For more information, visit www.reddevelopment.com.

May 06, 2014 - Press Release
RED Development Announces Initial Plans, Partnerships with StreetLights Residential, Graphite and OJB for New Akard Place in Dallas

RED Development Announces Initial Plans, Partnerships with StreetLights Residential, Graphite and OJB for New Akard Place in Dallas

-Plans for new mixed-use project call for two towers with office, residential and retail-

DALLAS (May 6, 2014) – RED Development today announced plans for Akard Place, a new office, residential and retail project totaling approximately 800,000 square feet adjacent to Uptown Dallas, one of the city’s most vibrant business and residential districts. RED Development, which purchased the land in 2012, will lead the overall design, development, construction and retail and restaurant leasing for the new project.

Today RED also named key partners for the project: Dallas-based StreetLights Residential for the residential element; Seattle-based Graphite Design Group as design architects; and Houston-based landscape design firm The Office of James Burnett (OJB). StreetLights Residential is currently completing the lease-up of The Taylor, luxury apartments in Uptown Dallas, and OJB designed Klyde Warren Park, an important anchor for the burgeoning Uptown Dallas neighborhood.

Located at Field Street and Cedar Springs Road, Akard Place is scheduled to open in 2017.

Project Plans:
Project plans for Akard Place include a residential tower and an office tower above retail, restaurants and parking. Overall, the project is being designed to connect the many elements of Dallas – from the Dallas Arts District to the American Airlines Center – with an energetic, 24/7 mix of uses in a sustainable, distinctive setting that features an engaging, open-air central plaza.

Architectural plans call for a 17-story office tower with sweeping views of the city; a pleasingly scaled, 20-floor residential high-rise including 300+/- apartments with balconies and views; nine+ levels of parking; plus 75,000 square feet of appealing retail and restaurants at street level.

“The time is clearly right to build on the growing popularity of Dallas and the exciting live-work-play concept that has taken root in this part of Dallas,” said Mike Ebert, Managing Partner, RED Development. “We are seeing strong demand from young professionals and empty-nesters who are attracted to this walkable, high-energy uptown neighborhood, as well as keen interest in the kind of attractive office environment we are planning. We’ll be drawing on the outstanding capabilities of StreetLights Residential, OJB and Graphite to help us create an inviting urban destination at Akard Place.”

Striking Office Tower:
Akard Place’s Class-A office component combines a contemporary design with a highly efficient floor plate in one of the city’s most desirable locations. RED has engaged Burson Holman and Shannon Brown with CBRE as leasing agents for the office building.

“RED is creating a smart, appealing office environment at Akard Place that will meet or exceed the needs of today’s sophisticated corporate tenants. The project will provide flexible and efficient spaces along with outstanding amenities, including enticing retailers and restaurants on site,” said Keith Earnest, Executive Vice President of Development at RED Development.

New Residences for a Popular Neighborhood:
“The Akard Place location is a truly excellent site for new residences, and RED is creating an exciting, mixed-use destination for Dallas,” said Doug Chesnut, Chief Executive Officer, StreetLights Residential. “RED’s commitment – and track record – for high-quality execution matches our own approach and we are very pleased to partner on Akard Place.”

Dallas is an increasingly popular and accessible neighborhood that features two shopping districts, a thriving office environment and boutique hotels– not to mention a growing set of dining and recreation destinations. “More and more, people want to live in Uptown Dallas,” said Chesnut.

Akard Place is southeast of American Airlines Center and within walking distance of The Ritz-Carlton, the Perot Museum of Nature and Science and the new Klyde Warren Park.

About RED:
A privately held, wholly integrated commercial real estate company based in Phoenix, RED maximizes asset value and performance for its high-quality retail and mixed-use portfolio that comprises 31 properties totaling more than 16 million square feet in 9 states. RED is well known for developing the large-scale CityScape project in Phoenix, a new office, hotel, residential and entertainment destination that has re-energized the city’s downtown adjacent to professional sports venues including Chase Field and US Airways Center.
In Texas, RED currently is developing Rayzor Ranch Town Center and Marketplace in Denton, the largest new regional shopping destination between Dallas-Fort Worth and Oklahoma City. For more information, visit www.reddevelopment.com.

About StreetLights Residential:
Dallas-based Streetlights Residential was created in 2011 by Doug Chesnut and Tom Bakewell, who led development initiatives for the Western Region of Gables Residential for nine years. Since its founding, StreetLights has assembled an experienced development and construction team to execute the company’s business plan, which focuses on creating urban infill neighborhoods. StreetLights currently has over $890 million under construction and in the immediate pipeline. www.streetlightsres.com

About Graphite Design Group:
Graphite Design Group is a full-service architecture and design firm headquartered in Seattle. Formed in 2012 by four principals and a talented group of collaborators, Graphite’s team has designed millions of square feet of diverse projects in the Pacific Northwest and around the world. The firm’s design expertise, market insight and global reach pay dividends in the form of world-class design and project delivery. Services include master planning, architecture and interior design for commercial, corporate, retail, financial, residential and mixed-use projects. www.graphitedesigngroup.com

About OJB:
The Office of James Burnett (OJB) was founded in 1989 in Houston, with the primary focus of creating landscapes that transform perspective and evoke emotional responses, creating unique and unforgettable sensory experiences in the garden. OJB has been involved in multiple, major urban projects in Dallas including Hall Arts Tower, The Ritz-Carlton Hotel and Residences, Crescent Real Estate’s 2001 McKinney, the renovation of Crescent Court, and The Plaza of The Americas. OJB recently completed Klyde Warren Park, the $100 million deck park in Dallas that has literally and figuratively bridged the city’s downtown cultural district with the burgeoning mixed-use neighborhoods to the north, reshaping the city and catalyzing economic development. www.ojb.com

PUBLIC RELATIONS CONTACT INFO
Media Inquires
Amy Lopez, J.D.
Vice President of Marketing
RED Development, LLC

One East Washington Street,
Suite 300
Phoenix, AZ 85004
T: 480.556.7733
alopez@reddevelopment.com