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High-Rise News

New development in Uptown Dallas will embrace beautiful old building

Teresa Gubbins
Jun 16, 2021 | 5:02 pm
Maple Terrace
A century-old building will be restored.
Courtesy rendering

Construction has begun on Maple Terrace, a new mixed-use development in Uptown Dallas that will be home to a Chicago-bred steakhouse, along with office space, luxury apartment building, and various outdoor amenities.

The project is from Hines, an international real estate firm, along with partners Mitsui Fudosan America and McNair Interests, and is anticipated to open in 2023.

The centerpiece will be Maple Terrace, a century-old apartment building at 3001 Maple Ave. that has housed celebrities such as Judy Garland, Dean Martin, Elvis Presley, and Liza Minnelli. Hines bought the building in 2020 from Dallas-​based Exxir Capital, which had been the owner since 2010.

The 1925 seven-story building will be carefully restored by Dallas-based architects, 5G Studio Collaborative, while two new glass-encased levels will rise behind it, with an open-air rooftop lounge and terrace and a nine-story glass curtain wall system that overlooks a 9,000-square-foot urban garden.

Hines Managing Director Ben Brewer says in a statement that the company is honored to reimagine this Dallas landmark into a multi-faceted Uptown destination.

"Maple Terrace's timeless architecture will be celebrated and merged with state-of-the-art design, luxury amenities and dining options to create a place for everyone to experience," Brewer says.

The Offices at Maple Terrace will feature spacious floor plans complete with ceilings up to 17’ and amenities such as a lobby lounge and library bar, fitness center, boardroom, Trackman golf simulator, valet parking, and lush green spaces, including a park and a special events garden lounge.

The location also offers walkable access to restaurants, retail, and hotels, as well recreational sites such as the Katy Trail and Reverchon Park.

Adjacent to The Offices will be The Residences at Maple Terrace, a 22-story residential tower with 345 luxury apartment homes ranging from 601 to 2,879 square feet, and its own set of amenities that include a fitness center, pool deck, outdoor dog park, and 22nd floor conservatory and rooftop terrace. Parking will include a partially subterranean, seven-story garage.

Maple Terrace will also be home to Maple & Ash, the steakhouse from Chicago hospitality group What If Syndicate, with plans for an additional restaurant forthcoming.

Hines Director Corbin Eckel says that "Maple Terrace presents a unique opportunity to create an all-encompassing live, work and play destination in the heart of Uptown."

"Delivering future-proofed, sustainable, buildings has been deeply rooted in the firm's DNA for six decades, and we’re honored to be able to preserve the legacy of Maple Terrace, while bringing a modernized experience that’s relevant for hopefully another 100 years," Eckel says.

uptown
news/real-estate

living single

Dallas lands among 10 most affordable U.S. metros for living alone

Amber Heckler
Oct 21, 2026 | 9:10 am
Dallas skyline
Getty Images
In DFW, renters can afford to live solo.

Not everyone is cut out for living with roommates, but finding an affordable place to live alone can be tricky. Luckily, Dallas-Fort Worth sits among the top 10 most affordable U.S. metros for living by yourself, according to a new report.

Analysts at Apartments.com discovered North Texas renters spend the seventh lowest share of their monthly income on single-bedroom rent out of the 50 biggest metros in the U.S.

The study used a 30 percent "common budgeting guideline" to calculate the share of median renter household income spent on one-bedroom asking rents across the 50 largest U.S. metros, and determined renters can only afford to live alone in 24 of the 50 metros without crossing the 30 percent threshold.

The median annual income of a DFW renter household is $63,172, and the findings show the typical asking rent for a one-bedroom apartment comes out to $1,348 per month. The study determined single renters spend 25.6 percent of their monthly income on rent based on the budgeting suggestion.

Texas' favorable rental market also extends outside of the Dallas-Fort Worth Metroplex: Austin surprised as the No. 1 most affordable metro for living alone, and San Antonio appeared among the top 10.

Austin renters spend the smallest share of their income on single-bedroom apartment rent, at 23.1 percent. That's based on a median renter household income of $70,008 and a $1,348 monthly one-bedroom asking rent price.

Dwindling rent prices and the prevalence of major tech employers are also attracting new renters, and the city has an 11.6 percent apartment vacancy rate.

"The average rent in Austin has decreased year over year, and construction of new housing increased by 30 percent over the past decade," the report's author wrote. "Tax incentives in Texas draw large tech corporations, like Google and Apple, to the Austin area, which has increased average wages, added more jobs to the local economy, and attracted renters in the process."

San Antonio ranked right above DFW in sixth place nationwide with solo renters spending 25.4 percent of their monthly income on single-bedroom rent, coincidentally the same share as single renters living in Raleigh, North Carolina and Salt Lake City, Utah.

This is the income and one-bedroom rent data in San Antonio:

  • $51,029 – median renter household income
  • $1,082 – one-bedroom monthly asking rent

A separate Apartments.com survey found 39 percent of U.S. adults would never feel comfortable living with a roommate, and 16 percent of renters would rather pay more in rent to live alone than consider living with a roommate.

"Factors contributing to lower rents may include recent high levels of construction, rising vacancy rates as renter demand catches up to supply, and fewer regulations, such as flexible zoning and lower development costs compared to other parts of the country," the report said. "Living alone has become a non-negotiable for many renters, and some renters are willing to make tradeoffs to afford this lifestyle."

The top 10 most affordable U.S. metros for living alone are:

  • No. 1 – Austin
  • No. 2 – Oklahoma City
  • No. 3 – Phoenix
  • No. 4 – Raleigh, North Carolina
  • No. 5 – Salt Lake City, Utah
  • No. 6 – San Antonio
  • No. 7 – Dallas-Fort Worth
  • No. 8 – Denver
  • No. 9 – Portland, Oregon
  • No. 10 – Columbus, Ohio
real estate rent rent prices apartments affordability reports
news/real-estate

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