Matthews Southwest senior vice president Kristian Teleki said the company is laser focused on the renovation, but after it delivers, the firm will consider how to best use the remainder of the six acres. Smaller office developments and a hotel could be developed, but Matthews Southwest will not finalize these plans until after DHS delivers and leases up, Teleki said.
Younger Partners is handling leasing for the remaining office space. Matthews Southwest is utilizing about $15M in state and federal historic tax credits and a TIF fund of about $6.2M, Teleki said. Merriman Anderson/Architects is the historic preservation, core and shell architect. Perkins+Will, the anchor office tenant in the building, is finishing out its own space. Balfour Beatty is the general contractor.
For the ground-floor retail, Teleki said it will be largely tenant-driven and restaurant-focused. Matthews Paradise Developments’ Mitch Paradise also is working on the project with Matthews Southwest.