Goldenrod Cos. Unveils Trinity Groves expansion Vision

Goldenrod Cos. has revealed its plan for a massive expansion to Trinity Groves district west of downtown Dallas.

The company proposes to transform nine parcels totaling to about 45 acres with new towers that will pack residences, offices and hotel rooms, surrounding about three blocks of existing residential buildings.

First Phase of Trinity Groves expansion

The first phase will include 2,419 residential units, although that number could include existing units as well, plus 788 hotel rooms, 1.4 million square feet of office space, 126,000 square feet of retail and almost 10,000 parking spaces, according to documents Goldenrod Cos. submitted to the city.

Goldenrod, a Nebraska-based commercial real estate development and investment firm, revealed the new vision for Trinity Groves at a May 24 meeting of the Dallas Urban Design Peer Review Panel.

Trinity Groves At full buildout

At full buildout, Goldenrod could eventually include a little more than 5,000 residential units, 994 hotel rooms, 2.6 million square feet of office space, 222,000 square feet of retail and nearly 18,000 parking spaces in Trinity Groves. That would be quite a change from today’s Trinity Groves, a collection of restaurant and retail spaces not far from the Trinity River.

The plans also call for parks and tree-lined streets. The district would connect to the Ronald Kirk Pedestrian Bridge, so residents could walk about 2 miles to Klyde Warren Park between Uptown Dallas and the Arts District, next to future offices for Bank of America.

“Our partners and us are looking to make this probably the epitome of what a live-work-play community should be,” Goldenrod Managing Principal Zach Wiegert told the design review panel.

Trinity Groves expansion project team

The project team is comprised of esteemed firms, including Gensler and OJB Landscape Architecture. These celebrated companies are renowned for their trailblazing, innovative approach to design, especially here in the North Texas region. With a proud legacy of shattering conventions and redefining what’s possible in architecture and landscape design, Gensler and OJB bring an incredible depth of talent, experience, and creative vision to the table. Their involvement promises to deliver a truly groundbreaking, awe-inspiring outcome that will set a new standard of excellence.

Last year, Goldenrod purchased nearly 90 properties from the developers of Trinity Groves, West Dallas Investments, the Dallas Morning News reported.

“Our goal would be, long term, to create a district in Dallas like Uptown, where people choose to put their businesses, live, go to restaurants and spend time,” Wiegert said at the time. “The great thing with this is we really get a palette to create something that’s unique, which is a developer’s dream.”

The Trinity Groves expansion will add to development along the Trinity River over the last decade following the construction of the $182 million Margaret Hunt Hill Bridge in 2011; the reopening of the Continental Avenue Bridge, now called the Ronald Kirk Pedestrian Bridge, with a reported $12 million walkable park in 2014; and other efforts to transform the Trinity River into a gathering place such as the future 250-acre, $325 million Harold Simmons Park between the levees.

In addition to Goldenrod’s Trinity Groves expansion projects that immediately surround the river, developers have built large new projects in the nearby Design District, such as Quadrant Investment Properties’ high-end office buildings and Columbus Realty Partners’ hundreds of new and planned apartments in a complex called The Margaret.