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**Burk Interests and Greenway Investment Propose $650 Million Mixed-Use District in Preston Hollow**
Burk Interests and Greenway Investment have revealed plans for a transformative $650 million mixed-use development in Dallas’ Preston Hollow neighborhood. The proposed project includes a 28-story hotel and condominium tower, a 24-story luxury apartment tower, two office towers, and multiple restaurants. At the heart of the development lies a central green space intended to serve as a communal hub.
According to the Dallas Business Journal, the developers are seeking city approval for rezoning that would allow for building heights of up to 275 feet for the apartment tower and 325 feet for the hotel and condo tower. The hotel is expected to feature approximately 150 rooms, alongside fewer than 100 residential condominiums.
The development site is located across from Central Market and has been under Burk Interests’ ownership since 2017. Groundbreaking could begin as early as 2028, pending city approvals and permitting.
Dallas-based architectural firm GFF has been selected to lead design efforts for the project.
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