Victory Park Starts Construction to Transform an Unfinished Parking Garage into Premier Retail-Restaurant Space
DALLAS, TX Victory Park is making two sided retail on Victory Park Lane a reality with the start of construction on the unfinished parking garage across from the W Dallas - Victory Hotel and adding an additional 22,030 square feet of retail and restaurant space to the 75-acre mixed-use development in downtown Dallas.
"Transforming the unfinished parking garage is a vital component of our retail strategy at Victory Park," said , CEO of ., Victory Park's retail partner. "Creating a two-sided retail district along Victory Park Lane is essential to crafting the vibrant, pedestrian environment we envision for the district. Now, with the two-way traffic conversion on Houston Street and Victory Avenue implemented, the new Victory Park will begin to rapidly evolve into the premier walkable retail and restaurant district of Dallas."
Once complete, the garage, which sat unfinished since 2008, will add street-level retail and restaurant space to Victory Park, as well as a dramatic, 2,600-square-foot second-floor covered patio connected to a signature restaurant at the northeast corner of the garage. The project also will include constructing new garage faÃ§ades and the addition of materials complementary to the surrounding district. Completion is slated for this summer.
"The unfinished garage has been considered by many to be the eyesore of the district, and now it will be transformed into one of its greatest assets," said , COO of and Vice President of Victory Park. "This block serves as a gateway into Victory Park, and the vision for its completion supports our vision for the district as a whole."
Phase I will continue through early this year with the installation of new directories, district IDs, seating and landscaping throughout Q1.
Victory Park currently features more than 160,000 square feet of retail, restaurant and entertainment space, including: Buda Juice, Chad Rookstool Salon, Classic Pilates, Cook Hall, Hard Rock CafÃ©, The Hangar, Havana Social Club, House of Blues, Jimmy John's, Joanna Czech, Kenichi, Medina Oven & Bar, Metro Tickets, Naga Thai Kitchen & Bar, Olivella's Neo Pizza Napoletana, Read Between the Lines, Shooters, Simply Elegant - Dallas, Victory Park CrossFit and Victory Tavern.
In addition, BuzzBrews' and CafÃ© Victoria are slated to open in early 2016, and CinÃ©polis USA will join Victory Park in 2017.
Victory Park currently contains 160,000 square feet of retail, restaurant and entertainment space, with an additional 88,000 square feet planned; 621,000 square feet of Class-A office tenants with another 455,000 square feet planned in Hines/Cousins' Victory Center office tower; the 252-room W Dallas - Victory Hotel; and more than 1,700 residential units, with another 1,799 units either planned or under construction.