De La Vega Provides Updates on The Central Mixed-Use Project in Dallas

DALLAS — Dallas-based De La Vega Development has provided updates on Phase I of The Central, a 27-acre mixed-use project located at the former site of the Leaning Tower of Dallas. In February 2020, the building at the site, an 11-story office tower that was constructed in 1971 for Southland Corp., was demolished but did not entirely collapse, earning it the name Leaning Tower of Dallas. Phase I of The Central currently includes 350,000 square feet of office space, a 350-unit apartment community by local developer StreetLights Residential, 29,000 square feet of retail and restaurant space and a four-acre centerpiece park. Complementing this first phase, JPI is currently constructing a multifamily community, bringing an additional 430 residences to the development that are expected to be complete in the fourth quarter of 2022. The other components of Phase I are expected to be complete in early 2024. Falcon Realty Advisors has been tapped to lease the retail and restaurant space.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Walker & Dunlop

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