February 26, 2014
Could Texas Stadium Site Become a High-End Destination?
Dallas Business Journal
The former site of Texas Stadium -- the home of the Dallas Cowboys before AT&T Stadium was built -- could soon become a destination for luxury retail, lofts, office and hotels. But Irving officials say they want residents' input before finalizing the master plan for the 78-acre development. The city plans to host a town hall meeting for Irving residents at 6:30 p.m. Monday at Irving City Hall. The city, along with San Diego-based development firm OliverMcMillan, will present early plans from after a two-day intensive meeting held this week with city staff, City Council and community representatives. A number of architectural firms also participated in the meetings, with a total of 62 participants.
"The collaborative effort and brilliant minds that came together over those two days to build the vision of what could be was impressive, to say the least," said Mayor Beth Van Duyne, in a written statement. "I believe residents will be more than pleased with what they see at the public input meeting." OliverMcMillan signed a memo of understanding with Irving in the redevelopment of the former Texas Stadium site on Jan. 9. The land is currently being used to hold highway construction materials for the expansion of State Highway 183. Van Duyne told the Dallas Business Journal she hears Irving residents say they’d like more high-end retail so they don’t have to drive to Southlake and Dallas to shop.
The development firm shares that vision for the property, which Van Duyne says is being called the “Diamond Interchange Property.” After all, Texas Stadium hasn’t existed since it was imploded in 2010. “We’ve had a couple of local developers that have wanted to put warehouse or multifamily on that property, but I think that was short-sighted,” said Van Duyne in January. “It’s way too well-situated in the Metroplex to settle.”
-- by Candace Carlisle, Dallas Business Journal