Page 19 - KDC Presentation to Goldman Sachs_2.10.21_highres
P. 19
The Team The Stats
Seritage Growth Properties, a national owner and developer of retail and mixed-use projects, and KDC, a developer of corporate office campuses for the country’s leading
companies, are partnering to develop up to 2.3 million square feet of premier office, living and retail space in Midtown Dallas.
22.4 ACRES
The development, Park Heritage in Midtown Dallas, will feature two Class A office towers with anchor retail and entertainment space, is part of Seritage’s planned 23-acre mixed- TOTAL SITE AREA
use project within the 430-acre Midtown Dallas Redevelopment Zone. This transformational project will create a dynamic live-work-play environment featuring luxury residences
and vibrant shopping, dining and entertainment areas in a walkable community.
BUILDING 1 - 14 levels - 500,000 SF BUILDING 2 - 17 levels - 650,000 SF HOTEL - 13 floors - 300 KEYS
1,000,000 - MULTI-FAMILY 1 - 5 levels - 300 UNITS MULTI-FAMILY 2 - 5 levels - 290 UNITS MULTI-FAMILY 3 - 8 levels - 64 UNITS
1,800,000 SF 300
TOTAL OFFICE AREA HOTEL KEYS
650 - 800
RESIDENTIAL UNITS
300,000 - 50,000 SF
400,000 SF UPPER LEVEL RETAIL / ENTERTAINMENT
TOTAL RETAIL AREA
100,000 SF
7,500 SF SECOND LEVEL RETAIL / ENTERTAINMENT
APPROXIMATE 160,000 SF
PARKING SPACES GROUND LEVEL RETAIL
40 41