The owners of the sprawling Dallas Market Center complex north of downtown are looking to the future with a potential redevelopment plan.
Founded in the 1950s by legendary Dallas developer Trammell Crowe, Dallas Market Center spans more than 40 acres on Stemmons Freeway at Wycliffe Avenue.
With nearly 5 million square feet of space in four large buildings, this wholesale trade complex attracts millions of visitors annually.
The property's future could include further construction to make it a major employment center for Dallas.
Dallas architect Kogan has created a “mixed-use development master plan” for the property, which includes millions of square feet of proposed construction.
“This master-planned urban site was envisioned to provide a walkable, attractive, pedestrian-centered environment.” According to the architect's description of the redevelopment, the campus will be located in downtown Dallas. “The master plan, consisting of hotel, office, data center, residential and laboratory space, will provide much-needed density in a neglected area of the , unified by the addition of intermediate parks, gardens, plazas and walkways to improve the pedestrian experience.”
Renderings of the development plan show new towers along Stemmons Freeway, as well as additional low- and mid-rise construction.
According to renderings, the more than 60-year-old market hall will be demolished for redevelopment. Part of the new project will be built on the site of the Dallas Apparel Mart, which was demolished in 2006.
However, the largest market center building will remain.
Dallas Market Center officials and owners emphasize that these are conceptual plans with no concrete start date.
“Such investigations are handled by our owner, Crow Holdings,” Dallas Market Center CEO Cindy Morris said in a message. “I know they have been considering various options over the years to redevelop the land across Market Center Boulevard from the Dallas Market Center.”
Crow Holdings CEO Michael Levy said Kogan's plan only shows the real estate's potential.
“I think our people have looked at the land and done different things over the years,” Levy said in an email. “Right now, there are no concrete plans to do anything about it, but that will change at some point.”
Kogan has since removed the material from his public website.