Commercial Real Estate

Take a Look: Renderings Released for Klyde Warren Park 2.0

The construction of the highway deck that the expanded Park will rest on will be funded using the same public/private partnership used to build the existing Klyde Warren Park.

Klyde Warren Park today unveiled final renderings of the project that will expand downtown’s Klyde Warren Park 1.5 acres to the west over Woodall Rodgers Freeway toward Field Street. The group also announced millions of dollars in new funding, including a $20 million gift from Kelcy and Ann Warren.

The renderings include a three-story, enclosed special events pavilion that will provide an ongoing revenue source to help support the privately-funded and operated Park. Plans also call for a 36,000-square foot multi-use green space.

Construction is scheduled to start in winter 2021 with a completion date of mid-2024.

“This much-needed expansion will create more space in the heart of the city,” said Jody Grant, chairman of the board of the Woodall Rodgers Park Foundation. “It will also secure the financial future of the Park by creating multi-purpose space. The project will further enhance the land value around the Park and those taxes ultimately benefit the City and institutions such as our schools and hospitals.”

Revenue from the rental use of this space will help underwrite the upkeep of Klyde Warren Park, and ensure the more than 1,300 programs and events offered each year at the Park remain free to the public.

Later this year, Klyde Warren Park will welcome its 10 millionth visitor since opening in 2012, making it one of the most popular destinations in the city.

It is estimated that Klyde Warren Park has had a $2.5 billion economic impact on Dallas.

HKS, Gensler, Jacobs, and OJB Landscape Architecture are collaborating on the design. The special events pavilion, which has yet to be named, was designed by Gensler.

Multimillion-Dollar Gifts

In addition to unveiling these plans, Klyde Warren Park announced three major private gifts to cover the $60 million needed to pay for the costs of the amenities on top of the deck, including the special events pavilion.

The gifts include $20 million from Amy and Kelcy Warren, $1 million from Oncor, and a generous donation from Miyama USA Texas, which owns an office building adjacent to the park at St. Paul Street. These are the lead gifts in a private sector capital campaign.

“The generosity of the Warren family is what has made Klyde Warren Park what it is today,” Grant said. “Their commitment to the expansion, alongside the generosity of Oncor and Miyama USA Texas, is an amazing way to kick-off our fundraising. We are incredibly grateful that our expansion plans have been received so positively.”

The construction of the highway deck that the expanded Park will rest on will be funded using the same public/private partnership used to build the existing Klyde Warren Park.

The public sector has committed $40 million, including funds from the North Central Texas Council of Governments Regional Transportation Council and the City of Dallas. These funds will be used only for the construction of the deck and will not be used for any part of the Park itself or the planned enhancements.

The special events pavilion, which will be located on the block between St. Paul and Akard streets, will include space for a single ground-floor tenant. VisitDallas has plans to occupy this space and aims to create an experience center that

The pavilion will also feature a café, a rooftop deck, and a special events ballroom. Additionally, the space west of the pavilion along Akard Street will include 36,000-square feet of multi-use space for markets, festivals, and recreation. Final renderings for this space are forthcoming.

Enhancements to the current park also were announced, including:

• Pearl Street Water Fountain: The Park will be enhanced with a new signature fountain, bringing the lawn closest to Pearl Street alive with choreographed water shows that will light up the night.

• Children’s Park Expansion: One of the most visited spaces in the Park, the Children’s Park, will be expanded and improved to include more water features, playground equipment, a climbing wall, and a family picnic area, providing more room for the youngest visitors to explore and imagine.

Newsletter

Our D CEO Weekly newsletter helps you stay up to speed with breaking news, interviews with industry leaders, and market insights from the editors of D CEO.

More from D CEO

D CEO Healthcare

D CEO Healthcare

D CEO Real Estate

D CEO Real Estate

Events

Events

Dallas 500

Dallas 500

Comments