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A high-end hotel development pitched in Uptown has received the final regulatory approval needed to move forward.
Ivy P3 Group and McKinney-based Horizon Capital aim to replace the former St. Germain Hotel at 2516 Maple Ave. with a 23-story residential complex. The development, dubbed the Monclaire Hotel and Residences, will include 65 hotel rooms and suites as well as private residences, restaurants and retail.
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Dallas City Council on Feb. 25 approved modified development standards for the high-rise project. The amended design standards include increasing the maximum height to 350 feet and offering 128 off-street parking spaces.
Residential units will occupy the top 10 floors of the tower. The bottom levels will house the restaurant and retail spaces, with the remaining floors dedicated to the hotel. Construction could start in May 2027, with delivery planned for spring 2030.
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