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Kay Bailey Hutchison Convention Center Land Acquisition (25-594A)

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Authorize acquisition from Charter DMN Holdings, LP, of approximately 185,941 square feet of land located near the intersection of Young and Houston Streets, for the Kay Bailey Hutchison Convention Center Dallas Master Plan Component 1 Convention Center Expansion Project - Not to exceed $45,120,000.00 ($45,000,000.00, plus closing costs and title expenses not to exceed $120,000.00) - Financing: Convention Center Construction Fund

site_specificCity Council
The city is acquiring approximately 186,000 square feet of land near Young and Houston Streets to expand the Kay Bailey Hutchison Convention Center. The acquisition, priced at up to $45.1 million, will increase the convention center's capacity and support economic activity in downtown Dallas. The land seller is Charter DMN Holdings, LP.
1 eventFirst seen Apr 23, 2025Last activity Apr 23, 2025File #: 25-594A
City Council: Approved As AmendedApr 23, 2025
Topics
development
contract

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Actions

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Attorney
As of Apr 2025

Pull amended resolution text from convention center acquisition to identify title conditions

Context: The council voted 'approved as amended' on April 23, 2025 — amendments to acquisition authorizations sometimes introduce conditions that do not appear in the original staff report or recorded deed.

Recommended: Obtain the final as-amended resolution from the April 23, 2025 council meeting and compare it against the original staff recommendation to identify any title covenants, reversionary clauses, or use restrictions that may bind the ~185,941 sq ft parcel going forward.

Source: City Council — Apr 23, 2025 →
Developer
As of Apr 2025

Map remaining parcels near Kay Bailey Hutchison Convention Center before city assembly closes

Context: The April 23, 2025 council authorized a dual land acquisition from Charter DMN Holdings as part of the Kay Bailey Hutchison Convention Center expansion, one of the largest financial actions ($51.7M) from a meeting with $302.3M in total impact.

Recommended: The city's $51.7M dual acquisition of ~185,941 sq ft from a single owner signals active land assembly for the convention center expansion — identify adjacent parcels not yet in city control to assess displacement pressure, site control windows, or complementary development opportunities before the footprint is locked in.

Source: City Council — Apr 23, 2025 →
Journalist
As of Apr 2025

Request appraisal records for convention center land purchase from Charter DMN Holdings

Context: The council voted 'approved as amended' on April 23, 2025 — meaning the authorization terms changed from the original staff recommendation on a $51.7M acquisition from a single private owner for the Kay Bailey Hutchison Convention Center expansion.

Recommended: File a public records request for the independent appraisal(s) of the ~185,941 square feet acquired from Charter DMN Holdings and the specific language added before the April 23 vote. A last-minute amendment to a $51.7M single-seller transaction warrants documentation of whether the price was independently validated.

Source: City Council — Apr 23, 2025 →

Timeline

Vote
Approved As Amended

Authorize acquisition from Charter DMN Holdings, LP, of approximately 185,941 square feet of land located near the intersection of Young and Houston Streets, for the Kay Bailey Hutchison Convention Center Dallas Master Plan Component 1 Convention Center Expansion Project - Not to exceed $45,120,000.00 ($45,000,000.00, plus closing costs and title expenses not to exceed $120,000.00) - Financing: Convention Center Construction Fund