Two mixed-use high-rises will be going up soon in the parking lots behind The Strip. The project, which includes two towers up to 20 stories and over 400 apartments, received unanimous approval from Dallas City Council yesterday. The properties were sold by Caven Enterprises to PegasusAblon. Caven owns Station 4, JR’s Bar & Grill, Sue Ellen’s and TMC.
As a condition of the sale, Caven will continue to operate its bars in their current locations, which will be incorporated into the larger project with a pocket park, 70-foot waterfall and other outdoor community spaces.