KERA will move from its Uptown headquarters, but not far, and not for long. The news organization announced Thursday that it has made a deal with Kaizen Development Partners to turn part of its campus into new residential and office towers, along with a new headquarters.
The station will sell about 2.4 acres of its property, which is located on Harry Hines Boulevard near the Dallas North Tollway and the Harwood District. Kaizen says the new project, called Chalk Hill, will include a 400,000 square-foot office tower; a 270-unit 25-story residential high-rise; and restaurant and retail space, all opening around 2027. Thanks to its proximity to the Katy Trail and the Hi-Line Connector, it will also offer residents fairly easy access to the LOOP, a 50-mile paved trail that circles Dallas. Kaizen is promoting the access on the project’s website.
The terms of Kaizen’s purchase of the southern end of KERA’s property include an agreement that it will oversee the development of the entire 3.75-acre site, including the broadcaster’s new building on the north end of the property. No purchase price was provided in the joint press release.