As Projects Begin to Take Root in Arts District, Conjecture About Craig Hall's Stalled Tower
|Is this long-planned Arts District tower the project for which Craig Hall's looking to raise $100 mil?|
But as the Dallas Business Journal notes this morning, Hall, through several different ventures, is looking to raise $100 million, as revealed in filings with the Securities and Exchange Commission, like this one under the Hall Funding LLC moniker.
Hall won't say what he's planning on doing with the dough, and so the DBJ speculates: Is Hall finally going to build that Arts District tower, or is this related to a planned office-park project in Richardson?
No one's heard nothin' about either, but do keep in mind: The city's agreement with Hall is dependent upon the tower opening its doors by no later than 2015. And, as John Amend tells the DBJ, the Arts District is hot: "I really think that's going to be the new center of downtown."