High-Rise News
New residential high-rise will overlook 75 near Uptown Dallas and Knox
A residential high-rise has broken ground off US-75 between Uptown and Knox-Henderson, that's a collaboration between a Dallas developer and a Japanese real estate company.
Called The Oliver, it'll be a 19-story apartment building with 351 units, located within a bigger development called The Central, on the northeast corner of US-75 and Haskell Avenue in the space best known as the former site of the Leaning Tower.
According to a release, it'll open in 2025.
In bullet form:
- The Central is a huge 27-acre complex from De La Vega Development with office, residential, and retail.
- The Oliver is one part of the Central and is a project from Dallas-based StreetLights Residential and Mitsui Fudosan America, the U.S. subsidiary of Japan’s largest real estate company, Mitsui Fudosan Co., Ltd.
The Oliver has only just broken ground but in a statement, StreetLights VP Greg Coutant predicts nothing but great things.
"The Central will become a top destination for retailors and residents alike and we are thrilled to be part of this mixed-use community, providing a seamless interaction between cutting edge living and urban greenspaces," Coutant says. "Our goal is to design a high-quality, timeless building that enriches the lives of residents and the surrounding neighborhood."
To that end, the Oliver will contain quartz countertops, designer tile, GE grade gas appliances with some units offering a Fabita cooktop, under-cabinet beverage fridges, smart Fabita cooking appliances, 8-foot doorways, and custom lighting.
Floorplans will come in studio, one- and two-bedroom options ranging in size from 585 to 1,830 square feet. They do not say what the rent will be.
Other amenities planned for the building include:
- coffee bar with Starbucks coffee machine
- coworking space with TV and two private offices
- bike storage with tool kit station
- dog wash station with high and low wash basins for all sized dogs, blow dry station, and private covered dog park
There'll be a pool, fitness space with weights, yoga, Pilates, Echelon Reflect mirror and TV, cardio, and elliptical equipment.
Again, they've only just broken ground but if you're going to dream, then dream big.
It's not like there are any new other residential high-rises in the area, at least not right close by. You'd have to go to the Hamilton near Deep Ellum, The Case in Deep Ellum, the East Quarter coming soon to the east side of downtown, plus Hall Arts Residences in the Arts District, The National in downtown, or 3700M on McKinney. Although there is a big complex coming to Knox from Trammell Crow and Michael Dell that'll have several high-rise buildings including luxury condos and a boutique hotel.
StreetLights has multiple multifamily communities in the works in Frisco, Victory Park, Arlington, Deep Ellum, and more.
Mitsui Fudosan America has been active in the U.S. since the 1970s, and currently owns property in New York, Washington DC, Boston, Dallas, Atlanta, Denver, Seattle, San Francisco, Los Angeles, San Diego, and Honolulu metropolitan areas, with 2,000 residential apartments and 5,300 additional units under development, as well as 741 hotel rooms, plus condo projects in New York and Washington DC.
The Central already has a residential 5-story mid-rise with 430 apartment homes called Jefferson Innova that opened in fall 2021. Rents start at $1,372 for a studio, and top out at $3527 for a 1,541-square-foot two-bedroom unit.
Other plans in the works include the addition of restaurants, which they predict will be both both fast-casual and chef-driven concepts.