Dallas Midtown Development Officially Underway

First mixed-use apartment building, The Premier, begins construction after over a decade of planning

Apr. 2, 2026 at 12:18am

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After more than a decade of starts, stops, and big plans at the former Valley View Center site in Dallas, construction has officially begun on the first building in the long-planned Dallas Midtown development. Beck Ventures announced that dirt is moving for The Premier at Dallas Midtown, a six-story mixed-use apartment building that will be the first vertical project in the massive redevelopment at Preston and LBJ.

Why it matters

The Dallas Midtown project has been in the works for years, envisioned as a dense, walkable urban district comprising housing, offices, and retail. The development faced delays from demolition issues and disputes with the city over necessary infrastructure, but now more than 13 years since the Beck family originally bought the 110-acre former Valley View Center property, things are starting to get going. This marks a significant milestone in the transformation of this strategic North Dallas corridor.

The details

The $85 million Premier at Dallas Midtown project at the southwest corner of Dilbeck and Preston Road will include 300 luxury apartment units, 13,500 square feet of ground-floor retail, and 10,000 square feet of additional amenities. The development is a joint effort by Beck Ventures, Anthem Development, Prime Life Technologies America, NexBank, XIB Capital Partners, Nova Capital, and Cross Architects.

  • In 2012, the Beck family acquired the former Valley View Center property.
  • The struggling mall officially closed its doors in 2015.
  • The mall itself was finally demolished in 2023.
  • On April 1, 2026, Beck Ventures announced that construction has officially begun on the first building, The Premier at Dallas Midtown.

The players

Beck Ventures

The real estate development company that acquired the former Valley View Center property in 2012 and is leading the Dallas Midtown redevelopment project.

Anthem Development

The developer of The Premier at Dallas Midtown, the first mixed-use apartment building in the Dallas Midtown project.

Prime Life Technologies America

A joint venture of Panasonic Holdings Corporation and the Toyota Motor Corporation that is involved in the Dallas Midtown development.

Bill Roth

The Dallas City Council Member for District 11, which represents the area where the Dallas Midtown project is located.

Scott Beck

The president and CEO of Beck Ventures.

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What they’re saying

“Premier at Dallas Midtown will bring new residential, retail, dining, and office space to one of our city's most strategic corridors, creating jobs, boosting our tax base, and delivering the walkable, vibrant urban district our community has been asking for.”

— Bill Roth, Dallas City Council Member, District 11

“Our promise is not just to construct buildings but to build a vibrant community. This transformation reflects our collective vision to make Dallas an even greater city.”

— Scott Beck, President and CEO, Beck Ventures

What’s next

The $85 million Premier at Dallas Midtown project is expected to open next year, marking a significant milestone in the broader Dallas Midtown development.

The takeaway

The long-awaited start of construction on the Dallas Midtown project represents a major step forward in transforming this strategic North Dallas corridor into a dense, walkable urban district with new housing, retail, and amenities. After over a decade of planning, the development is finally becoming a reality.