The future of the former Dallas Morning News building

Context: As Axios reported last month, Washburne's property would likely benefit greatly from a new convention center.

What's happening: Washburne tells Axios that he'd like to create a 60-acre park that combines the kind of events hosted by the Dos Equis Pavilion and the programming of Klyde Warren Park.

• "I want to recreate the Pearl District in San Antonio," Washburne says, referring to an area centered on the former Pearl brewery there.
• Washburne, who also owns Highland Park Village, says he has already spent hundreds of thousands of dollars on designs for the project.

The intrigue: Because the former DMN building doesn't have a historic designation, Washburne could raze the property and build apartments if he wanted. But he tells Axios he prefers to "create something that’s great for the city."

Of note: Though Washburne is a staunch proponent of plans to build a new convention center, he tells Axios that he will develop his entertainment district even if the city doesn't move forward with plans for a new meeting space.