Walk from Highland Park Village down toward the Katy Trail on a Saturday morning this September and the corridor looks like it should be humming. Cranes are gone at 3333 Knox. A 27-story tower now throws a real shadow across the trail. Renderings of Sant Ambroeus have been circulating for a year. The instinct is to assume everything has arrived.
Most of it has not. The interesting story for anyone who already lives in 75205 is that the pieces landing this fall are almost entirely structural, while the retail and dining wave you have been reading about since 2024 is largely a 2027 event. Meanwhile, the Village itself has spent the past eighteen months quietly doing the actual shopping-and-dining work. Sorting those two calendars is the difference between a wasted trip and a good Saturday.
The Knox Street development is a joint venture between BDT & MSD Partners, Trammell Crow Company, Highland Park Village Associates and The Retail Connection. Spanning more than one million square feet, the project will deliver 150,000 square feet of office space, 100,000 square feet of retail, a 27-story, 186-unit apartment tower, a half-acre park with a direct connection to the Katy Trail, and The Knox Hotel and Residences, a 140-room hotel and 47 ultra-luxury condominiums operated by Auberge Collection. That is the top-line brochure.
Here is what those million square feet actually mean by month:
| Piece | What it is | When |
|---|---|---|
| The Lora | 27-story, 186-unit rental tower | Summer 2026 delivery |
| Knox Street Park | Half-acre green space linking to the Katy Trail | Fall 2026 |
| The Knox Hotel and Residences | 140-room Auberge hotel, 47 condos | Late 2026 |
| 3333 Knox | Nine-story, 150,000 sf office | Late 2026 |
| Sant Ambroeus | 7,800 sf all-day Italian | 2027 |
| Théa Mediterranean Rooftop | Rooftop restaurant | 2027 |
| DÔEN, STAUD, TOTEME, TWP | First standalone Texas stores | 2027 |
The nine-story, 150,000-square-foot office building, 3333 Knox, is also scheduled for delivery in late 2026 and has been 100% preleased since fall 2024. Anchor tenant ISN Software Corporation will be joined by Paul Hastings LLP and BDT & MSD. That is a data point worth pausing on. A fully preleased Class A office two years before delivery, in a market where downtown vacancy is a running conversation, is a signal about who is choosing to be a five-minute walk from Highland Park.
The residences tell a parallel story. Set to debut in late 2026, The Knox Hotel and Residences is already emerging as one of Dallas' most coveted luxury addresses, with the private residences nearly sold out well ahead of completion. Presale absorption on hotel-branded condos that have not opened yet is unusual, and it suggests buyers are reading the corridor the same way the office tenants are.
If you live off Beverly, Armstrong, or Lomo Alto and you are trying to plan the next three months, the useful list is short:
The restaurants and boutiques that have driven most of the headlines are not part of this fall. Sant Ambroeus, the Milan-born group whose Dallas outpost will anchor the base of The Lora, is a 2027 opening. So is Théa Mediterranean Rooftop, the group announced this spring for the same development. DÔEN will open its first standalone Texas location in Dallas on Knox Street in 2026. Trish Wescoat Pound founded TWP to "offer her own take on American sportswear; effortless, unbound, understated pieces that complement the reality of women's lives." The new development, which is a joint venture between BDT & MSD, Trammell Crow Company, the owners of Highland Park Village, and The Retail Connection, will open more than 100,000 square feet of best-in-class restaurants and retailers to the neighborhood following The Knox Hotel's opening in Fall 2026. In practice, "following" means most storefronts light up in staggered waves through 2027.
The point is not that the marketing is wrong. It is that the marketing has been written in the present tense for two years, and the calendar has not caught up.
While Knox Street was under scaffolding, Highland Park Village kept adding anchors. That is the part locals actually got to use.
The most recent flag went up in February. Carolina Herrera celebrated the opening of their new Highland Park Village store and a recent collaboration with Dallas-based Miron Crosby. The collection debuted with three designs that elegantly merge the aesthetics of both brands. Wes Gordon, creative director of Carolina Herrera; Emilie Rubinfeld, president of Carolina Herrera; and Miron Crosby co-founders Lizzie Means Duplantis and Sarah Means Ward, among others, traveled to Dallas to personally welcome guests for the grand opening. The Miron Crosby tie is the local detail. Herrera did not just plant a flagship. It launched a capsule with a Dallas-based bootmaker on the day the doors opened, which reads as a deliberate signal about who the store is for.
On the dining side, the Village's biggest recent get is quieter and stranger. Coach joins a big trend of cafes located inside high-fashion retailers such as Prada, Chanel, and Dior, which debuted a rare location of Cafe Dior By Dominique Crenn — featuring a menu designed by the acclaimed chef — at their store in Highland Park Village in 2025. A Dominique Crenn menu inside a fashion boutique is not a Dallas convention. It is the sort of placement that used to require a plane ticket, and it opened without the runway of press that Knox Street has received.
Add Sadelle's, the brunch import from New York that has been serving sliced-to-order salmon and bagels at the Village since it landed in Dallas, and the picture is a shopping center that has been steadily deepening its bench while the block down the street builds foundations.
For a homeowner in 75205, the two calendars point at different questions.
The Village calendar is a lifestyle question. It changes where you go on a Saturday, which restaurants you can walk your parents to when they visit, and whether a new store is worth the parking hunt. Those choices matter, and they are the reason people move to this Zip code in the first place.
The Knox Street calendar is closer to a market question. When a nine-story office fills two years before delivery and a set of hotel-branded condos sells through pre-opening, that is professional capital telling you how it reads the next decade of the corridor. It does not tell you what your own street will do. It does tell you that the buyer pool for walkable, mixed-use adjacency to Highland Park is behaving differently than the buyer pool for almost anything else in Dallas right now. If you are weighing a renovation, a downsize into something closer to the trail, or a decision about when to list, that context is more useful than a median price on a portal.
A few concrete moves for the next three months:
The corridor is genuinely changing. The mistake is compressing three years of change into one season and then wondering why the block feels quieter than the press release.
If you are thinking about how any of this shapes a decision on your own home, whether that is a move closer to the trail, a listing timed to the Auberge opening, or a renovation before the 2027 wave, Chris Blackman and the team at The Blackman Group would be glad to sit down over coffee. Request a complimentary neighborhood consultation, and we will map the openings, the timelines, and what they mean for your address specifically.
What drives The Blackman Group forward is our shared objective to serve clients at the highest level of professionalism, enthusiasm, and energy. Whether helping clients with a sale, a purchase, a lease, a relocation, or an investment, TBG operates with the standard that every transaction be a "'win" for our clients.