Dallas, November 23, 2025
Developers have started construction on Premier at Midtown, an $85 million mixed-use project at the former Valley View Mall site in Dallas. This six-story building will feature 296 luxury apartments and extensive retail space, marking a significant milestone in the Dallas Midtown redevelopment plan. The project is expected to create jobs and contribute to the local economy as it revitalizes the North Dallas area. Completion is anticipated by early 2028, bringing new life to the once-vacant site.
Dallas, Texas
Developers have commenced construction on Premier at Midtown, a $85 million mixed-use project at the former Valley View Mall site in Dallas. This development marks the first tangible step in the long-anticipated Dallas Midtown redevelopment plan.
Project Overview
Premier at Midtown is a six-story building featuring 296 luxury apartments and approximately 26,000 square feet of ground-floor retail space. The apartments will average 865 square feet, with monthly rents around $1,800. The project is expected to be completed in about two and a half years, with the first residents moving in by early 2028. Financing is provided by NexBank, with design by Cross Architects and construction by Anthem Commercial Construction. The development is a collaboration between Dallas-based Anthem Development and PLT America, a joint venture of Toyota Motor Corporation and Panasonic Holdings Corporation. Beck Ventures is also providing equity for phase one of the project.
Background
The Valley View Mall, once a bustling retail center, closed in 2015 and was demolished by 2019. The site has remained vacant since then, with previous redevelopment plans facing delays due to infrastructure challenges and other setbacks. The Premier at Midtown project represents the first significant development on the 110-acre site, which is part of the broader Dallas Midtown plan aiming to transform the area into a vibrant mixed-use district.
Future Plans
While Premier at Midtown is the first project to break ground, plans for the entire Dallas Midtown district include additional residential units, office spaces, retail outlets, and entertainment venues. The success of this initial development is expected to catalyze further investments and developments in the area, contributing to the revitalization of North Dallas.
Community Impact
The development is anticipated to create jobs, boost the local economy, and provide a walkable, vibrant urban environment for residents and visitors. The project aligns with the city’s vision for the area, aiming to enhance the quality of life and attract new businesses and residents to North Dallas.
Conclusion
The groundbreaking of Premier at Midtown signifies a pivotal moment in the redevelopment of the former Valley View Mall site. As construction progresses, the project is poised to play a key role in the transformation of North Dallas into a dynamic and thriving urban district.
Frequently Asked Questions (FAQ)
What is Premier at Midtown?
Premier at Midtown is a six-story mixed-use development featuring 296 luxury apartments and approximately 26,000 square feet of ground-floor retail space, located at the former Valley View Mall site in Dallas.
Who are the developers behind Premier at Midtown?
The project is a collaboration between Dallas-based Anthem Development and PLT America, a joint venture of Toyota Motor Corporation and Panasonic Holdings Corporation. Beck Ventures is also providing equity for phase one of the project.
When is the project expected to be completed?
The development is expected to be completed in about two and a half years, with the first residents moving in by early 2028.
What is the broader Dallas Midtown plan?
The Dallas Midtown plan is an ambitious redevelopment project aiming to transform the 110-acre former Valley View Mall site into a vibrant mixed-use district, including residential units, office spaces, retail outlets, and entertainment venues.
How will Premier at Midtown impact the local community?
The development is anticipated to create jobs, boost the local economy, and provide a walkable, vibrant urban environment for residents and visitors, aligning with the city’s vision for the area.
Key Features of Premier at Midtown
| Feature | Details |
|---|---|
| Location | Former Valley View Mall site, Dallas, Texas |
| Project Cost | $85 million |
| Building Height | Six stories |
| Apartments | 296 luxury units averaging 865 square feet |
| Retail Space | Approximately 26,000 square feet on the ground floor |
| Completion Date | Early 2028 |
| Developers | Anthem Development, PLT America (Toyota and Panasonic joint venture), Beck Ventures |
| Financing | NexBank |
| Design | Cross Architects |
| Construction | Anthem Commercial Construction |
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Dallas Breaks Ground on Premier at Dallas Midtown Redevelopment Project
Author: STAFF HERE DALLAS WRITER
The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
