The residential towers would be built along popular Cedar Springs strip By Steve Brown, The Dallas Morning News •
Published 2 hours ago •
Updated 2 hours ago
The Dallas Morning News
A development that will dramatically change the heart of Dallas’ Oak Lawn community has gotten the go-ahead from city leaders.
Dallas City Council voted Wednesday to approve a plan by developer PegasusAblon to build two high-rise residential buildings off the intersection of Cedar Springs Road and Throckmorton Street.
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The ambitious building plan would preserve the strip of nightclubs and retail that line the west side of Cedar Springs.
Dallas City Council approves PegasusAblon development
May 12, 2021 | 4
The Dallas City Council voted today (Wednesday, May 12) to give a thumbs up to plans for building two high-rise residential buildings in the heart of the gayborhood.
The plan, which would include green space and expanded parking,
was introduced last November by PegasusAblon and Caven Enterprises. While Mike Ablon will be purchasing the property on both sides of Throckmorton Street in the 3900 and 4000 blocks of Cedar Springs Road from Caven Enterprises, the developer will leave intact the existing buildings facing Cedar Springs the buildings that currently house Sue Ellen’s, JR.’s Bar & Grill, S4, the Rose Room and TMC in the 3900 block, and that house Roy G’s and Skivvies in the 4000 block. Caven will then lease the existing buildings from Ablon and continue operating the bars housed there.
Firefighters help elderly residents evacuate during Dallas high-rise apartment fire
By FOX 4 Staff article
DALLAS - Firefighters had to call in more help for a fire at a Dallas high-rise Tuesday afternoon because so many of the residents are elderly.
The fire was on the 14th floor of the 15-story apartment building near Maple Avenue and Cedar Springs Road, just outside of downtown.
It was contained to just one apartment but the fire alarm caused the elevator to stop. The residents were forced to evacuate using the stairs. When they got there and they noticed the residents and the ages and the potential hazards that we faced that came with that then they put a third alarm on it just in case we were going to need more personnel but thankfully we didn’t, said Jason Evans, a spokesman for Dallas Fire-Rescue.
Meet The Leaders (And Projects) Furthering North Texas’ Resilient Commercial Real Estate Market
In a year of unprecedented challenges, the Dallas-Fort Worth real estate community powered through with notable projects and deals.
By
Bianca Montes and Christine Perez
Published in
D CEO
April
2021
Portraits by Sean Berry, Headshots and Project Images Courtesy of Companies
North Texas commercial real estate players have survived some huge downturns over the years, from transformative tax-law changes to energy crises and tech busts. Those challenges pale in comparison to the pervasive COVID-19 pandemic that took hold in early 2020.
Retail stores and office buildings emptied, and with no historical frame of reference, no one knew what to expect or how to plan for the future. Local industry professionals responded in true resilient form, closing deals, developing new projects, and stepping up to support a community in need.
Apr 28, 2021 | 3
Alexandre’s on Cedar Springs Road will reopen on May 1 at noon.
“And it’s under the same management. Sorry,” said bar owner Lee Daugherty.
The bar will have been closed 410 days due to the coronavirus pandemic.
“It has been a hard time for the entire hospitality industry, and with much financial, mental, and physical stress on its workers,” Daugherty said. “Alexandre’s was fortunate very early to prepare, successfully fundraise, and navigate government programs allowing rent and minimal overhead to be paid throughout, but more importantly basic income and health insurance for workers.”
Daugherty was outspoken throughout the pandemic about the need to protect workers of the industry to maintain higher federal unemployment benefits and for bar owners to either remain closed or to follow extremely strict health protocols to keep workers and guests safe.