Dallas, Texas
Owner | Woodall Rodgers Park Foundation, City of Dallas, TxDot |
Value | $76 Million |
Sq. ft. | 1.2 Acres |
Status | Currently Managing |
The estimated $76 million project adds 1.2 acres over Woodall Rodgers Freeway, just west of St. Paul Street. This land will be used for a 20,000-square-foot pavilion that will house the state-of-the-art VisitDallas Experience Center, a Visitor Center unlike any other in the U.S., fusing “best in class” customer service with interactive technology that tells the Dallas story. The expansion will include additional green spaces and public gathering spots, assist with the Park’s long-term financial sustainability, and allow the privately-operated park to expand the more than 1,300 free programs and events it already provides annually.
The 5.2-acre, $110 million Klyde Warren Park opened in October 2012 and since then has welcomed over six million visitors, created more than $2 billion in economic development, and increased property value in the area around the Park. According to Eric Rothman, president of HR&A Advisors, the consulting firm tasked with analyzing the economic impact of the Park’s completion, this new phase of development will provide another $850 million in stimulus to the area.