Dunhill Partners and Bill Hutchinson Sell Dallas Design District Properties

May 6, 2022

The sale includes the Dallas Decorative Center on Hi Line Drive and the Dallas Design Center on Stemmons Freeway, which together house more than 100 tenants, interior design showrooms, art galleries and restaurants, including Carbone, Tango Room and Markowitz Fine Art Gallery.

The properties together have about 800,000 square feet of showroom, restaurant and retail space on 40 acres. About 3 acres are undeveloped.

The Virgin Hotels Dallas and the Dunhill Apartments are not part of the sale. HN Capital is also an original development partner in Virgin Hotels Dallas and in 2019 also partnered with Dunhill to purchase the W Dallas Victory Hotel, a 252-room luxury hotel that anchors Victory Park.

“The Design District has been a thriving showroom community for decades, and we would like to celebrate this as the canvas and soul of the district, while realizing commercial realities of Dallas’ growth,” Nambiar said. “Our job here is to bring complementary commercial and entertainment uses around this long-term base to thoughtfully activate this one-of-a-kind area.”

Read more…