land area
2828 N. Haskell Ave. (Dallas, Texas)
2828 N. Haskell Ave. (Dallas, Texas)
The property was originally a corporate campus for ACS, who was purchased by Xerox Corporation, and deemed it excess property a few years after the acquisition. The property had a significant amount of fiber optics into the buildings which operated partially as a data center. The 10.5 acre urban in-fill property is located directly across from Cityplace tower and the DART light-rail station which serves over 2,000 riders daily. This unique northeast corner is highly visible from North Central Expressway (US-75), which has traffic counts that exceed 300,000 vehicles per day. North Central Expressway is the main north-south freeway that connects greater downtown Dallas to the city's most affluent neighborhoods to the north, including Highland Park, University Park and Lakewood while Haskell connects to Blackburn Street into the popular West Village District and the rapidly growing Love Field Airport.
The property was positioned for a mixed-use redevelopment as it had in-place, high-density, mixed-use zoning and high-quality income from short term leases from Atos and Xerox.
Client: Xerox Corporation | Conduent
Buyer/Developer: De La Vega Corporation
Address: 2828 N. Haskell Ave, Dallas, Texas 75204
Land Area: ±10.5 acres
Sold Date: June 2017
Estimated Development Value: ±$1 billion
Estimate Completion Date: Ongoing
Project Uses: 4 million sf urban mixed-use with
upscale multifamily, hotel, office, retail and restaurant
Services Provided: Land Disposition
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±27 acres
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±2,000
proposed multifamily units
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±110,000 sf
proposed retail and restaurant GLA
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±2.5 million
proposed office NRSF
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4 acres
urban park and open space
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1
experiential destination