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Hillwood Reels In House of Blues

DALLAS-Hillwood and JV partner, Tomlinson-Leis, get a long-term lease to set up a $25-million makeover of the historic 60,000-sf White Swan Building. The plan is to cut the ribbon on a House of Blues by the end of this year or early 2007.

By Connie Gore | Updated on March 03, 2006

DALLAS-After three years of trying to land the deal, Hillwood has secured a 60,000-sf, long-term lease with House of Blues. If the plan stays on track, the Los Angeles-based operator will open doors on its first music hall in Texas by the end of this year or early 2007 in the historic White Swan Building.

“We always wanted House of Blues to do a venue here,” says Jonas Woods, president of Hillwood Capital. “But, it wasn’t until they saw all the momentum at Victory that they were ready to make a commitment.” Plans stalled to include House of Blues in Victory’s West Plaza building, but talks picked up again about six months ago with HOB Entertainment Inc.

Woods says the White Swan Building at 2200 N. Lamar St. is now jointly owned by Hillwood and Tomlinson-Leis Corp. He tells GlobeSt.com that $25 million will be invested into an adaptive reuse of the building, which rose in stages between 1900 and 1924 and is on the National Register of Historic Places.

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