We decided we can't develop our tower in isolation. The Victory tower, announced last spring, was to have been built near Field and Wichita streets. Developers hoped that it would serve as a bridge between the Victory project and Uptown. His company's building will now be in a mixed-use development built by Palladium Cos. of New York. The first phase is scheduled to open in early 2004.
Palladium hopes to begin site work early next year.
Mr. Macleod said his company's mixed-use complex and Mr. Hicks' office building will be a good fit. And certainly having that building with all of its occupants in the middle of the project will put the people in the right place to make the restaurants and stores succeed. The groundbreaking was scheduled before the end of 2000. We've gone back to the drawing boards to design a building that will be a great place to be our home but will also be economical to build. Because of the shift in office plans, the next phase of the Victory project will be two four-story office and retail buildings that will front on either side of the American Airlines Center plaza, Mr. Hicks said.