DALLAS—The successful entrepreneurship of Mike Hoque, CEO of Hoque Global, has been credited as a key catalyst in the revitalization of the city's urban center. For the past three years, Hoque has acquired several blocks in downtown from dozens of owners with the goal of creating a development with lasting impact for the Dallas economy. Understanding the key positioning of this area and its potential for redevelopment, Hoque Global strategically acquired the property for the Dallas Smart District.
“In the 1980s, the CBD was empty,” Hoque tells GlobeSt.com. “City leaders decided to make the city vibrant, and we've now quadrupled the employment with that effort. Now, many Fortune 500 companies are looking at Dallas.”
With that continued revitalization strategy, Hoque Global and KDC have released plans for the acquired land of more than 20 acres in downtown to include class-A office, residential, retail, hospitality and open space uses. The master-planned development is located on several prime contiguous blocks that frame Canton Street from the Dallas Convention Center to the Farmers Market neighborhood, adjacent to city hall.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
