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1119 S Riverfront Blvd - 1119 South Riverfront, "Cedar West" Dallas Lot • Terrain commercial • 1,13 Acres • Dallas, TX 75207



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Résumé de l'annonce
There are several other major public projects underway in the immediate area. These include the following:
- Complete reconstruction of IH 30 "Canyon" from IH 35E on the west to IH 45 on the east;
- Complete reconstruction of Riverfront Boulevard from Dallas County Center Justice Way north of Commerce Street south to Cadiz Street at IH35/IH30;
- Three new bridges on Cadiz Street and S. Riverfront Boulevard over the Trinity River Meanders which is planned and funded for Dallas Water Commons.
Once Riverfront Boulevard and Cadiz Street are completed the area will look very different with increased local traffic returning.
“Location, Location, Location” is described as being of major importance in real estate.
The ingress and egress to the Interstate Highway system are outstanding in all directions for 1119 S. RIVERFRONT BLVD: IH 30 eastbound and westbound; IH 35E northbound and southbound. Additionally, Riverfront, Cadiz and Hotel streets provide easy access to KBHCC, Downtown Dallas, and neighborhoods on both sides of the Trinity River Dallas Floodway. This Property is well positioned with outstanding views in all directions and visibility from the traveling public plus an outstanding view of the Trinity River Dallas Floodway Greenspace.
The private sector has taken notice as well. Most recently the European wellness company Therme Group began efforts here in early 2025. Together with Matthews Development, which owns over 60 acres of Cedars West land, the European firm is planning a 30.78 acre Therme Spa Wellness Center on S. Riverfront. In August 2026 the Dallas City Plan Commission voted to recommend a revised Planned Development District to create Therme Spa.
Today the property is priced for immediate sale. Now is a good time to purchase this property and bring a project online at the same time as the completion of the major projects in the area. All of these improvements are likely to cause substantially increased property prices, and one should not overlook the importance of this inner-city area even at the present time. The KBHCC was the International Media Center for the 2026 FIFA World Cup with nine football matches here even while the area construction activities were underway. The famous Longhorn Ballroom entertainment center is at S. Riverfront and Corinth Street in Cedars West. Additionally, a portion of the Matthews land remains the Dallas Station Location for the proposed Dallas/Houston High Speed Rail Project, and Matthews is the lead on the public/private Dallas Water Commons Project to be constructed along the Meanders of the Old Trinity River connecting with Therme Spa.
1119 S. RIVERFRONT BLVD currently consists of three old industrial buildings built in the 1940s that might be put to interim use. These might include artist, sculpture, and showroom design workspace; rustic entertainment, music, restaurant/bar; exercise and recreation activities; pet related activities and services; ... For decades the property was operating as Industrial Electric Equipment Company, which has been closed in recent years. This property has been in this same ownership for decades and is available for purchase as a whole only. One might be able to assemble additional land or develop in conjunction with other property owners in the block. Inquire as to price and details about 1119 S. RIVERFRONT BLVD and the area.
Faits sur la propriété
1 Lot disponible
Lot
| Taille du lot | 1,13 AC |
| Taille du lot | 1,13 AC |
This large property of 49,343+- Sq. Ft. consists of one parcel of 9,788+- SF of land at 1119 S. Riverfront Blvd and six adjoining parcels to the rear of 39,555+-SF of land being 1106-1128 Rock Island St. offered as a unit in The Cedars West.
Description
Le corridor de Riverfront Boulevard est parallèle et situé à l'est du Trinity River Dallas Floodway, avec le centre-ville de Dallas à l'est. Le 1119 South Riverfront et d'autres propriétés dans le PD 784, ainsi que le PD 800, forment "The Cedars West". L'activité la plus connue de la région est le Longhorn Ballroom, situé à l'intersection de S. Riverfront et Corinth Street. Le KBH Convention Center et le Dallas County Criminal Justice Center se trouvent à proximité. Matthews Development, anciennement connu sous le nom de Matthews Southwest, possède une grande partie de Cedars West et a annoncé plusieurs projets de développement. Parmi ceux-ci figurent le Dallas Water Commons, une initiative publique/privée utilisant l'ancien canal et les étangs du Trinity Meander, actuellement financée par 11,25 millions de dollars provenant des fonds obligataires de la ville de Dallas (projet actuellement en attente); le projet récemment annoncé d'un complexe hôtelier et spa de 24 acres par le groupe autrichien Therme Group, avec un investissement potentiel de 800 millions de dollars; et la station Dallas pour le train à grande vitesse Dallas/Houston, si ce projet est relancé. Deux autres activités notables, mais moins visibles, méritent d'être mentionnées : (1) Une entité associée à Unique Chateaus of Dallas a discrètement rénové l'intérieur d'anciens bâtiments en résidences situées de l'autre côté de S. Riverfront, donnant sur les anciens méandres de la rivière. Ces propriétés, situées au 1208-1212 S. Riverfront, offrent une vue imprenable sur la skyline du centre-ville et sont proposées à plus de 2 millions de dollars chacune. Les passants sur Riverfront ignoreraient totalement leur existence. (2) Un développeur expérimenté de logements multifamiliaux basé à Washington, DC, Petra Development, possède le terrain vacant à l'angle de S. Riverfront et Dearborn Street, près de l'IH 35E. Il a obtenu l'autorisation du conseil municipal de Dallas pour construire un immeuble résidentiel de 200 unités, qu'il prévoit de développer.
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 2 371 850 $ CAD | |
| Évaluation du terrain | 888 672 $ CAD | Évaluation totale | 3 260 523 $ CAD |
Impôts fonciers
Présenté par
Marcus Wood & Company
1119 S Riverfront Blvd - 1119 South Riverfront, "Cedar West" Dallas
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