In the year 2027, it is anticipated that the construction of the second phase of the famed Klyde Warren Park in Dallas would get underway.
A deck element and a new park space that is 1.5 acres in size are the two key components that are included in this ambitious project that constitutes the expansion.
St. Paul Street and Akard Street will be separated by the deck element, which will function as the platform for the park situated between them.
A total of around sixty million dollars is anticipated to be spent on the park component of the project, while the deck itself is predicted to cost one hundred million dollars.
In June of 2021, the Dallas City Council, in conjunction with the Woodall Rodgers Park Foundation, gave its initial approval to the development agreement that was to be implemented for this phase.
The most recent developments, on the other hand, suggest that the project has been experiencing delays. On January 16, the Dallas City Center Tax Increment Financing District granted an extension for the project deadlines.
This decision was made in response to a formal request made by the Woodall Rodgers Park Foundation. New benchmarks for the project are outlined in the extension, which includes the beginning of work by the end of 2027, the completion of the deck component by the end of 2029, and the inauguration of the new park area by the end of 2031.
There is still a lack of clarity around the time frame in which the Dallas City Council will examine and grant approval for this extension request.
Jody Grant, the chairman of the Woodall Rodgers Park Foundation, noted in a letter dated January 6 that the organization has been working along with public partners and an engineering firm to improve the design of the project and address any logistical issues that may arise.
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The objective of this method, which is known as “value engineering,” is to maximize the efficiency of the project while minimizing unnecessary expenditures. Nevertheless, Grant admitted that the progress of the project has been severely slowed down due to the complexity of the project.
Up to this point, the foundation has been successful in raising around $80 million for the deck phase of the project.
The remaining twenty million dollars that are required will be obtained through additional initiatives, which will include reaching out to property owners in the Klyde Warren Park/Dallas Arts District Public Improvement District.
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Kit Sawers, the president and chief executive officer of Klyde Warren Park, had previously noted in an interview with the Dallas Business Journal that the halting of progress on phase two of the project was primarily due to the growing costs of both materials and labor.
Despite these problems, the expansion of the park continues to be a high-priority program, and the foundation is continuing to strive toward bringing this vision to life by making attempts to overcome these obstacles.
“The pandemic affected the construction industry in an unprecedented way,” Sawers stated. “Skyrocketing costs, including the rate of labor, the price of steel and other building supplies compelled us to pause, waiting for the industry to stabilize and provide a window to move forward when it made the most financial sense.”
Klyde Warren Park 2.0’s next phase is a much-anticipated project. Since its opening in 2012, the park has grown to be a well-liked destination for families and city workers alike.
