An 18-story Virgin Hotels & Residences property is scheduled to begin construction in Dallas this fall.
The boutique and luxury condominium residence will be located in the city's Design District, and plans for the property have existed since the Virgin Group revealed its interest in a Dallas development last year. Now, developer Bill Hutchinson expects to begin work on the property this October.
Hutchinson is CEO of Dallas-based developer Dunhill Partners, which is behind the hotel project in collaboration with Vinculum Partners and The Crosland Group. The hotel is expected to be managed by Virgin Hotels, but the condo residences could be managed by either Virgin or a separate management group, though no definitive agreement has been made.
When completed, the property will have 210 hotel rooms and 70 condo residences, named the Virgin Residences. In addition, the hotel will also have luxury suites, restaurants and bar areas, meeting spaces and a rooftop terrace with a pool, spa and gym.