High-Rise News
New Dallas high-rise apartment guarantees the good life near Knox Street
Nashville-based Southern Land Company is breaking into the Dallas residential market with a 270-unit, high-rise apartment building planned at Oliver Street and Central Expressway, just south of Knox-Henderson. The developer plans to turn dirt for the 18-story building in the first quarter of 2016.
“This project is going to bring something new and unique to the Knox Street neighborhood, which is the most vibrant retail and restaurant district in Dallas,” Todd Marchesani, acquisitions manager for Southern Land, said in a release. “Crafting communities where lifestyle thrives is our ultimate objective.”
Southern Land has hired architecture firm Gromatzky Dupree & Associates to design a building with more than 10,000 square feet of private open space connecting to McKinney Avenue, which will include a dog park and outdoor seating. Outdoor grills and fireplaces, resort-style pool with private cabanas, and fitness center and residents lounge will also feature prominently in the development.
“In all of our projects, we are attracted to sites with a strong sense of urbanism and walkability; the Knox neighborhood was a perfect match,” said CEO Tim Downey. “Dallas has been a very opportunistic market in this regard, and this property will highlight the cornerstones of our company – great design and desirable lifestyle.”
Units will range from 500 to more than 3,000 square feet, with a variety of floorplans, from studio up to three bedrooms. According to the release, other amenities include stainless steel appliances, washer/dryer, quartz countertops and 10-foot ceilings. Penthouse buyers can expect unobstructed views and private terraces.
The company plans to start leasing the units in spring 2018.
Southern Land Company has four other residential projects in suburbs surrounding the city, including multifamily projects in Plano, Allen, Keller and McKinney.
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A version of this story originally was published on Candy’s Dirt.