The West Seventh Street project has been part of the rumor millsince late January when Dallas-based Cypress, an affiliate ofStaubach Co., and Washington, DC-headquartered Carlyle Group boughtthe Acme Brick Co.'s headquarters at 2821 W. Seventh St. Sincethen, the joint venture has assembled three full blocks for a "truevertically integrated" infill project with close to one million sfof retail, residential, hospitality space and possibly service-typeoffice, according to Chris Maguire, president of Cypress Equitiesand Staubach Retail Services.

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Maguire tells GlobeSt.com that the delay in releasing details isdue to negotiations for the hotel flag and putting the finishingtouches on city agreements. "It will be at least a couple monthsbefore we get the agreements in place," he explains.

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Although he can't go into deep detail, Maguire did say the goalis to break ground by year's end. The site, of course, will have tobe scraped.

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"We're real excited about this property," Maguire says. "Wethink it's a gem. We have quite a few mixed-use projects going onin the US, but strategically, it's at the top of the list."

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Maguire says Staubach Retail has been hard at work on preleasingto edge the project closer to reality. Dallas-based Good Fulton& Farrell Inc. designed West Seventh Street, an internal namethat could be changed by the time the plan rolls out to the publicwhich, if a local blog is right, will be at the May meeting of theAssociated Businesses of the Cultural District.

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Meanwhile, another Staubach affiliate, SmithCypress Partners,has two development sites under contract. Maguire has confirmedthat one is situated in North Tarrant County's Golden Triangle andthe other is located in the southeastern quadrant of Fort Worth.But, the details need to come from former Dallas Cowboy and "kingof the dance floor," Emmitt Smith.

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Smith's PR team has declined to comment on the projects orconfirm details in a mid-December 2006 article in which Smith airedpreliminary details for a 500,000-sf to 600,000-sf retail center.He told a Dallas business editor that 64 acres were under contractoff Interstate 35W south of Texas Motor Speedway and talks wereunderway for a second site in southeast Fort Worth.

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