Gaedeke Plans Major Redo of One McKinney Plaza

[IMGCAP(1)]DALLAS-The Gaedeke Group is planning a major overhaul of the 256,543-sf One McKinney Plaza, where four new deals have taken all but 965 sf of the class A’s remaining space. The estimated $6-million to $7-million retooling, which is still awaiting the owner’s final nod, is slated to start in February.

BOKA Powell LLC in Dallas will be presenting its latest set of plans to the owner in two weeks, according to Belinda Dabliz, vice president of leasing for locally based Gaedeke Group. Built in the mid-1980s at 3232 McKinney Ave., the 15-story building is a marquee footprint in Uptown at the southeast corner of the tony avenue’s intersection with Hall Street. And for the first time in its history, Dabliz says there will be retail space on the first floor with windows on McKinney Avenue. Although the size of the retail space has yet to be determined, the Weitzman Group in Dallas is on the prowl for restaurants and other complementary shops for the asset.

If all goes as planned, Dabliz says One McKinney Plaza will have valet parking for the first time, with other changes bringing a new skin and updated lighting. The owner has yet to pick the replacement for the building’s travertine skin, but that too is on the near-term agenda.