“We don’t want it to become another Uptown.”
Chad Cook
Founder and Managing Member
Quadrant Investment Properties
.…on his company’s plans for the Dallas Design District, via the Dallas Morning News.
Last July, Cook told the Dallas Business Journal “I believe we’ve hit the tipping point” on the growth and momentum of the Dallas Design District. Nearly a year later, that momentum is truly in full swing.
Cook’s company Quadrant Investment Properties has bought 27 properties in the district. QIP developed 141 Manufacturing St. into a 90,000-square-foot “community-centric” office complex for companies like Dallas-based ridesharing service Alto. That development features amenities like Lounge 141, a shared rooftop lounge with kitchen and balcony that features panoramic views of downtown Dallas, a coffee shop, and an outdoor community lounge.
Since then, Quadrant has broken ground on two office buildings in the district, according to the Dallas Morning News’ Steve Brown—a five-story building on Riveredge Drive and the 10-story Thirteen Thirty Three on Oak Lawn near Riverfront Boulevard.
Lounge 141 is a shared rooftop lounge with kitchen and balcony at QIP’s 141 Manufacturing St. in the Dallas Design District. The development is the home of Alto’s HQ. [Photo: © 2022 Paul Go Images, LLC]
Cook says his company aims to offer companies something different in the Design District from what other options like Uptown Dallas.
“Uptown serves a great purpose, but we think there are a lot of tenants that are over that,” Cook told the DMN. “They are looking for something different—a whole different approach to the office. We felt that shift happening even before COVID.”
Restaurants on the new buildings’ ground levels and terraces and balconies that bring the outside in are just part of the QIP recipe. You can read more in the DMN story here.
For more of who said what about all things North Texas, check out Every Last Word.
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“I believe we've hit the tipping point.” Chad Cook Founder and Managing Member Quadrant Investment Properties .…on the growth and momentum of the Dallas Design District, via the Dallas Business Journal. "There's this compounding effect that we've never seen anywhere else," Cook told the DBJ. "The Design District is its own little subdistrict. Every brick we paint and every roof deck we add creates a direct value lift for everything else. Everything we do feeds off everything else we're doing." Dallas-based Alto's new rideshare HQ is in one of many properties in the “Manufacturing District” developed by Quadrant Investment Properties. Originally an industrial…
