The Asel Art building on Cedar Springs will be used to create more of an indoor spot for the popular Katy Trail Ice House in Uptown.
An Uptown Dallas property has sold to the owners of the popular Katy Trail Ice House.
The Asel Art Supply building at Cedar Springs and Carlisle Street is on the next block from the Katy Trail Ice House.
Along with the retail building on Cedar Springs, the purchase includes a parking lot on Routh Street. “We needed to capture that parking,” said Ray Washburne, one of the partners at the Uptown watering hole.
Washburne said the old art supply building will be remodeled into new space for the ice house.
“We’re going to put in what’s called the Katy Trail Depot,” he said. “It’s going to be more of an indoor spot.
“We are going to start renovation as soon as we can get a construction permit.”
Broker Newt Walker handled the property deal. Terms of the sale were not disclosed.
“Most local sites around us are going away as development sites,” said Katy Trail Ice House founder Buddy Cramer. “We rented most of those before, and we had to ensure parking.
“We are going to tear down most of the building but cut it and leave 2,900 square feet for a small bar branded with the Ice House logo.”
The former Asel Art Supply building at 2701 Cedar Springs was built in 1927 and has almost 9,000 square feet of space. Asel had occupied the building for decades. The longtime North Texas art supply firm still has locations in Richardson and Arlington.
The Uptown building purchase follows Katy Trail Ice House’s recent acquisition of a site in Allen.
Cramer, Washburne and Walker acquired 10 acres on State Highway 121 where they plan a beer garden, restaurant and offices.
Katy Trail Ice House opened in Uptown in 2011 and added a Plano location in 2013.