The developer behind the Four Seasons Turtle Creek Hotel and Private Residences is moving ahead with the luxury destination.
“We’ve not stopped at all, and we’re going forward full bore,” said Richard Friedman, president and CEO of Carpenter & Company Inc.
The forthcoming Four Seasons, located along Turtle Creek Boulevard in Dallas between Cedar Springs Road and Dickason Avenue, will now feature 205 hotel rooms, according to Friedman.
It’s a slightly smaller room count than the previous 233, and the shift has resulted in taller ceiling heights across what will be the Turtle Creek corridor’s tallest tower.
The residences at the property will continue to comprise 118 condominiums featuring double-height balconies.
Architect Pelli Clarke & Associates designed the building in collaboration with Dallas-based architecture, interior design and advisory firm HKS and landscape architect SWA Group.
Texas-based law firm Winstead PC is handling the legal aspects of the development.
Friedman said there has been incredible interest in the dwellings already. He anticipates the developer will begin to take deposits in the coming weeks.
Contemporary Japanese restaurant Zuma continues to be featured in the plans as a culinary attraction. The restaurant with an international reach has U.S. locations in Boston, Las Vegas, Miami and New York.
Additional amenities at the more than 1 million-square-foot high-rise are expected to include two pools, a private club, and additional bars and restaurants.
A stylistic entry court formed from solar panels is part of the eco-friendly approach to the development. Water recycling is also being incorporated.
Ground could break on the project, which has been in the works since 2021, at the end of this year.
Carpenter & Company has teamed up with Dallas-based Hillwood, as well. Hillwood has held the corner since 2015.
Friedman said Carpenter has received financing commitments from two financial institutions, declining to name names.
“My desire is to build the best hotel in America here,” said Friedman. “I really feel Dallas is becoming the most important city in the United States.”
Friedman’s first hotel was a Hyatt property. He has since led his Cambridge, Mass.-based firm to develop a range of hotel, residential and mixed-use developments. Those include the conversion of Boston’s Charles Street Jail into the Liberty Hotel, the Charles Hotel near Harvard University in Cambridge and the Four Seasons Hotel One Dalton Street, Boston among many others.
Early in his career, Friedman entered a design competition and competed among 27 contenders to develop what would eventually become the Charles Hotel. Among the three finalists was also real estate developer and banker Ray Nasher, Friedman recalled. The property remains among his favorites.
