HFI Capital Management Transforms 1333 Oak Lawn into 'The Capital Design District'
In a notable development for Dallas's vibrant business landscape, HFI Capital Management has officially acquired 1333 Oak Lawn, a striking 10-story office building. The acquisition, completed in partnership with Quadrant Investment Properties (QIP), marks a significant investment in what is becoming a bustling hub for creativity and entrepreneurship. The building spans approximately 126,000 square feet of Class A office space, poised to serve a curated collection of financial, entrepreneurial, and business services firms under its new name, 'The Capital Design District'.
This rebranding reflects not only the physical transformation of the property but also the dynamic growth of the Design District over the past decade. The area, known traditionally for its artistic flair, has evolved into a recognized business nexus in Dallas, catering to a diverse range of industries. 'It is more than just a design district today,' noted HFI Chairman and Founder Ken Hersh. 'With local ownership and promising leasing activity, The Capital will stand as a center for financial and entrepreneurial ventures in a dynamic area of the city.'
The Capital boasts modern office facilities featuring striking views of Uptown and Downtown Dallas from its upper floors. Additionally, it includes over 8,000 square feet of premier amenities designed to enhance the tenant experience. The ninth floor is particularly noteworthy, housing a private lounge known as 'Capital Spot', executive meeting rooms, a well-equipped fitness center, and even a rooftop pickleball court, promoting both productivity and relaxation.
HFI’s strategic move to relocate its offices into The Capital underscores its commitment to fostering community involvement through various networking initiatives. Plans include a series of engaging events at Capital Spot such as speaker workshops, networking happy hours, and community gatherings which aim to provide added value to tenants and the broader business culture.
In the context of its location, The Capital stands not only as a workspace but also a gateway to Dallas’s vibrant social scene. Situated along Oak Lawn, it is just a short stroll away from renowned dining establishments and entertainment options including Carbone, El Carlos Elegante, and the Virgin Hotel, enriching the overall experience of those working in the vicinity. Moreover, an under-construction development called The Seam is expected to introduce a host of new restaurants and retail venues to the neighborhood, further enlivening the area.
Vice President of HFI, Daniel Hersh, expressed enthusiasm for the new venue, stating, 'We are excited to capitalize on the energy of this neighborhood, surrounded by world-class dining, cultural experiences, and a burgeoning community atmosphere.' The Capital's thoughtfully designed workspace spaces offer proximity to essential amenities and serve to integrate professionals into the lively Dallas environment.
Adding to the building's allure, plans have been announced for Maroma, which occupies the ground floor and will unveil its coastal Mexican cuisine this fall. This new venture arises from Chef Omar Flores, the culinary mind behind several successful restaurants. 'Maroma will add another exceptional dining option to our offerings and amplify the neighborhood's appeal,' commented Chad Cook, Founder of QIP.
The ongoing transformation of the Design District, coupled with The Capital's promising offerings, positions it as a premier location for businesses eager to thrive within an inspiring environment. With fully local ownership and an emphasis on enhancing the tenant experience, The Capital Design District is set to shape the future of work, collaboration, and entrepreneurship in Dallas. Through its modern facilities, strategic location, and commitment to community engagement, The Capital aims to redefine what it means to work in a design-forward, innovative space that meets the demands of today's professionals and firms.
This rebranding reflects not only the physical transformation of the property but also the dynamic growth of the Design District over the past decade. The area, known traditionally for its artistic flair, has evolved into a recognized business nexus in Dallas, catering to a diverse range of industries. 'It is more than just a design district today,' noted HFI Chairman and Founder Ken Hersh. 'With local ownership and promising leasing activity, The Capital will stand as a center for financial and entrepreneurial ventures in a dynamic area of the city.'
The Capital boasts modern office facilities featuring striking views of Uptown and Downtown Dallas from its upper floors. Additionally, it includes over 8,000 square feet of premier amenities designed to enhance the tenant experience. The ninth floor is particularly noteworthy, housing a private lounge known as 'Capital Spot', executive meeting rooms, a well-equipped fitness center, and even a rooftop pickleball court, promoting both productivity and relaxation.
HFI’s strategic move to relocate its offices into The Capital underscores its commitment to fostering community involvement through various networking initiatives. Plans include a series of engaging events at Capital Spot such as speaker workshops, networking happy hours, and community gatherings which aim to provide added value to tenants and the broader business culture.
In the context of its location, The Capital stands not only as a workspace but also a gateway to Dallas’s vibrant social scene. Situated along Oak Lawn, it is just a short stroll away from renowned dining establishments and entertainment options including Carbone, El Carlos Elegante, and the Virgin Hotel, enriching the overall experience of those working in the vicinity. Moreover, an under-construction development called The Seam is expected to introduce a host of new restaurants and retail venues to the neighborhood, further enlivening the area.
Vice President of HFI, Daniel Hersh, expressed enthusiasm for the new venue, stating, 'We are excited to capitalize on the energy of this neighborhood, surrounded by world-class dining, cultural experiences, and a burgeoning community atmosphere.' The Capital's thoughtfully designed workspace spaces offer proximity to essential amenities and serve to integrate professionals into the lively Dallas environment.
Adding to the building's allure, plans have been announced for Maroma, which occupies the ground floor and will unveil its coastal Mexican cuisine this fall. This new venture arises from Chef Omar Flores, the culinary mind behind several successful restaurants. 'Maroma will add another exceptional dining option to our offerings and amplify the neighborhood's appeal,' commented Chad Cook, Founder of QIP.
The ongoing transformation of the Design District, coupled with The Capital's promising offerings, positions it as a premier location for businesses eager to thrive within an inspiring environment. With fully local ownership and an emphasis on enhancing the tenant experience, The Capital Design District is set to shape the future of work, collaboration, and entrepreneurship in Dallas. Through its modern facilities, strategic location, and commitment to community engagement, The Capital aims to redefine what it means to work in a design-forward, innovative space that meets the demands of today's professionals and firms.
Topics General Business）
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