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Dallas investors plan to restore historic shopping center

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Dallas investors plan to restore historic shopping center


At four times the size of Highland Park Village, there’s nothing small about the idea of turning around and tuning up Kansas City’s Country Club Plaza.

As of Friday morning, Ray Washburne, president of HP Village Management, planned to have power washers cleaning the grounds of the shopping and office center built more than 100 years ago.

An affiliate of HP Village Management officially closed on the Kansas City property with 970,000 square feet of commercial space spread across 15 blocks on June 28.

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Country Club Plaza’s notoriety in the real estate community is that it was one of the first planned suburban shopping centers to accommodate shoppers arriving by car.

In the Midwest, it has served as a destination for out-of-town and out-of-state shoppers, much like Highland Park Village has, through the years, according to Washburne.

The opportunity to purchase the aging property was first brought to Washburne when he was speaking at an Urban Land Institute conference last May. Someone from investment manager Nuveen, coincidentally the lender on Highland Park Village, asked him if he’d be interested in another big project.

More than $100 million was spent on the updates to Highland Park Village. Washburne said that much more than $100 million will be spent on the Missouri complex, with Nuveen remaining involved.

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Given Country Club Plaza’s size, it’s been envisaged into separate districts with a contemporary fashion district, a food and beverage district, and a luxury and designer district.

It’s similar to the retail balance that’s been struck between Dallas’ Knox Street, with which an affiliate of HP Village Management has also been involved, and Highland Park Village, Washburne said.

Currently, there are Tiffany & Co. and Coach stores at Country Club Plaza, but Washburne said there have been conversations with a lot of luxury retailers.

“They’ve seen what we’ve done [with Highland Park Village], and that’s very important,” he said. “There’s a trust factor with the tenants as there is a trust factor that they come in and they’re going to be in with someone who’s taking a long-term approach. We’re not going to put lipstick on it, paint a few storefronts, put a couple tenants in and sell it.”

Washburne said the first priority is security.

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“We spend four times as much on security in the Village than they do, and they’re four times the size we are,” said Washburne.

Kansas City, like the Dallas area, has been tapped as a site for FIFA World Cup games in 2026, including a quarterfinal.

It’s a milestone that makes improvements at Country Club Plaza all-the-more critical without forgoing a sense of place.

“The pixie dust on this stuff is really creating an authenticity and uniqueness to the center. What we did at the Village is lead with a food and beverage scene that’s local. Second, you also have to have a number of local retailers,” said Washburne.

Terms of the transaction were not disclosed.

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Multiple Kansas City architects have been engaged to help with an updated master plan for the Edward Delk-design buildings. Baroque revival and Moorish revival styles were utilized to mimic the architecture of one of Kansas City’s sister cities, Seville, Spain.

Leasing efforts are being led by Stephen Summers, whose family co-owns HP Village Management.

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Dallas, TX

Dallas weather: Severe storms bring hail and tornado threats | See timing

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Dallas weather: Severe storms bring hail and tornado threats | See timing


Severe thunderstorms are forecast to return to North Texas late Tuesday, bringing threats of damaging hail, high winds and localized flooding. While the primary concerns are wind and hail, a few tornadoes cannot be ruled out.

Tuesday Forecast

Scattered showers and storms are expected to develop as a dryline to the west moves into the region. Storm conditions are expected to intensify as the day progresses.

The greatest concerns remain damaging winds and large hail. The leading edge of the storm front will likely be the most intense, with the potential for straight-line winds and brief spin-up tornadoes.

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LIVE Radar: Dallas-Fort Worth

Dallas Storms: Timing and Impact

The highest potential for severe weather in the Metroplex is from 2 p.m. to 6 p.m., though lingering activity could continue until 2 a.m. Wednesday. Residents are advised to seek shelter immediately if a warning is issued for their area.

7-Day Forecast

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A final round of storms is expected Wednesday, primarily between noon and 7 p.m., according to the National Weather Service. These storms carry a threat of half-dollar-sized hail and damaging winds. 

Behind this system, North Texas will dry out and briefly cool off. Sunny skies return Thursday with a high in the mid-60s. Temperatures will then warm into the upper 70s on Friday before a sunny weekend with highs in the low 80s.

The Source: Information in this article comes from the National Weather Service and FOX 4 forecasters.

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Dallas, TX

How a women-led nonprofit is helping South Dallas residents stay in their homes

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How a women-led nonprofit is helping South Dallas residents stay in their homes




How a women-led nonprofit is helping South Dallas residents stay in their homes – NBC 5 Dallas-Fort Worth



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Dallas weather: Storms return this week with large hail and tornado threat

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Dallas weather: Storms return this week with large hail and tornado threat


North Texans will enjoy a brief break today before the next weather system arrives, bringing multiple rounds of storms. A warmup is on the way, with temperatures climbing back into the mid-80s by the weekend.

Monday Forecast

Following a few morning showers in the eastern counties, expect a warm and breezy Monday. High temperatures will climb into the low 80s under partly cloudy skies.

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Tuesday Forecast

As an upper-level low-pressure system moves to the west, scattered storms will move into the region Tuesday afternoon. Some of these storms could become severe, with the primary threats being large hail, damaging winds and isolated tornadoes.

Simultaneously, storms are expected to develop ahead of a dryline to the west. While the tornado threat remains low in this area, any storms that form could produce large hail and damaging wind gusts. 

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7-Day Forecast

Those overnight storms should push out to the east by Wednesday morning, but don’t put the umbrella away just yet. As the main weather system moves directly over us Wednesday afternoon, we’ll likely see another round of scattered storms that could still bring with some hail. Once everything finally clears out Wednesday evening, we can look forward to some drier, much more comfortable air moving back into the area.

Thursday will be noticeably cooler, with high temperatures settling in the mid-60s. However, sunshine and a quick warmup are expected by the weekend. Temperatures will rebound into the 80s on Friday and Saturday.

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The Source: Information in this article comes from the National Weather Service and FOX 4 forecasters.

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