BY NANCY COHEN ISRAEL
PHOTOGRAPHY BY JOHN SMITH
Craig Hall is bridging the Arts
District to the Central Business
District through Hall Arts Tower.
or real estate developer Craig Hall of Hall
Financial Group, the goal of the Downtown
Dallas Arts District is to build critical mass.
For him, this is an essential ingredient for
the continued growth of the Arts District. With
his newest project, Hall Arts, he is doing his part
to make that vision a reality. The five-acre, two-city-block mixed-use project is being constructed in
three phases, with the intention of connecting the
Arts District to the Central Business District. Phase
I, slated to open in the summer of 2015, already
has lease agreements with several established firms.
Because of its long-term lease, one tenant, KPMG,
has earned naming rights to the building, dubbing
it KPMG Plaza. Stephan Pyles’s flagship restaurant,
which will be moving from its current location, will
be another tenant.
Phase II, slated to be completed in three to four
years, will include luxury residences and, ideally, a
full-service hotel and spa. Over 60 percent of the
space has already been leased. Among the tenants
will be Hall and his wife Kathryn. “In addition
to doing the design, I am really looking forward
to moving in there,” he says. This phase will also
include additional dining options.
Phase III is further on the horizon. He
anticipates construction within five to seven years.
Its current plan includes a 50-story tower, housing
a combination of office, restaurant, possibly some
retail, and high-end condominiums.
Hall has owned the property since 1995. In the
intervening 19 years, he has keenly watched the
progress of the neighborhood. He says that the
development of Uptown over the past 10 to 20
Hall Arts Tower construction site
Steinunn Thorarinsdottir, Prospect, cast aluminum, 70 7/8 x 36 7/16 in.