Developers want to dramatically transform the area west of downtown.
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Goldenrod has unveiled plans for a major expansion into the popular Trinity Groves neighborhood west of downtown Dallas.
The proposed project would transform nine parcels totaling about 45 acres into new towers densely packed with housing, offices and hotel rooms, surrounding about three blocks of existing residential buildings.
According to documents filed with the city, the first phase would include 2,419 residential units (that number could include existing units), as well as 788 hotel rooms, 1.4 million square feet of office space, 126,000 square feet of retail and about 10,000 parking spaces.
Nebraska-based commercial real estate development and investment company Goldenrod unveiled its new vision for Trinity Groves at a May 24 meeting of the Dallas Urban Design Peer Review Panel.
When fully completed, Trinity Groves will house just over 5,000 residential units, 994 hotel rooms, 2.6 million square feet of office space, 222,000 square feet of retail space and nearly 18,000 parking spaces — a significant increase from the current Trinity Groves, which is a collection of restaurants and retail stores not far from the Trinity River.
The plan also includes parks and tree-lined streets: The neighborhood would be connected by the Ronald Kirk Pedestrian Bridge, allowing residents to walk about two miles to Klyde Warren Park, which is between Uptown Dallas and the Arts District and next to Bank of America’s future offices.
“We and our partners want this to be the epitome of, perhaps, a live-work-play community,” Zach Wiegert, Goldenrod’s managing principal, told the design review committee.
The project team also includes Gensler and OJB Landscape Architecture, both known for cutting-edge design in North Texas.
Last year, Goldenrod purchased about 90 properties from Trinity Groves developer West Dallas Investments, according to the Dallas Morning News.
In April 2023, Wiegert spoke to the Dallas Business Journal about plans to develop the site into a place that could attract corporate headquarters.
“Our long-term goal is to create an Uptown-like district in Dallas, where people will choose to do business, live, go to restaurants and spend time,” Wiegert said at the time. “What’s great about this plan is that it really gives us a palette to create something unique. This is a developer’s dream.”
Wiegert did not immediately respond to a request for further details. The former NFL player founded Goldenrod in 2005 to manage his property portfolio. Goldenrod also owns the Van Zandt and One University projects in Fort Worth’s Cultural District.
The Trinity Groves expansion would add to other developments along the Trinity River over the past decade that have transformed it into a gathering place, including the $182 million Margaret Hunt Hill Bridge built in 2011, the Continental Avenue Bridge (now called the Ronald Kirk Pedestrian Bridge and with a pedestrian park reportedly built at a cost of $12 million), which reopened in 2014, and the future 250-acre, $325 million Harold Simmons Park between the levees.
In addition to projects immediately surrounding the river, major new projects are underway in the nearby Design District, including a luxury office building from Quadrant Investment Properties and hundreds of new and planned apartments in Columbus Realty Partners’ mixed-use development called “The Margaret.”
