DALLAS – Carpenter & Company Inc. has made a deal with Hillwood to buy three acres at 3001 Turtle Creek Blvd. for a new Four Seasons.
The 250-room hotel will be part of a larger mixed-use project that will include about 100 luxury condos and 100,000 sf of office space. Amenities will include restaurants, bars, a spa, health club, and small ballroom.
The company will need to get the site rezoned before going vertical.
Carpenter & Co. is partnering with JLL to secure financing for the project.
The Texas Real Estate Research Center has more on DFW’s retail market:
Source: Dallas Business Journals