High-Rise Living

Maple Terrace luxury apartments at 1920s Dallas landmark are for rent

Maple Terrace Residences

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A mixed-use development in Uptown Dallas in the works since 2021 has hit a major milestone: Maple Terrace Residences, a 22-story residential tower has opened for rent at 3003 Maple Ave.

The building is part of Maple Terrace, a 3.37-acre mixed-use development anchored by the original 1920’s Maple Terrace building, whose frontpiece has been preserved. In addition to the residential building, the complex also comprises office space plus street-facing restaurant space that will be home to a Mexican restaurant and a seafood spot.

The complex is from Hines, global real estate investment manager, along with partners Mitsui Fudosan America and McNair Interests. Hines managing director Corbin Eckel says in a statement that they're thrilled to welcome their first residents to the reimagined Dallas landmark.

"Our residents will enjoy not only luxurious homes and world-class amenities but also the anticipation of two exceptional dining experiences set to open later this year, further enhancing the vibrant atmosphere of this unique community," Eckel says.

Maple Terrace Residences offers 345 apartments ranging from 601 to 2,879 square feet, designed by Dallas' GFF and featuring interiors by renowned Rottet Studio, with light-filled floor plans, European cabinetry, quartz countertops, waterfall-edge islands, and stainless-steel appliances.

Indoor and outdoor amenities include a pool terrace with skyline views and in-pool loungers, fitness center with sunset terrace and two infrared saunas, a clubroom with kitchen, media lounge, game room, golf simulator, coand -working areas.

There's more: a library, secret garden, dog park, private storage, reserved parking, in-building café, dog-washing station, and bike room.

Concierge services, valet parking, and dry cleaning are also available, while residents and office users will get exclusive access to Alfred’s, a craft cocktail bar named after Sir Alfred Bossom, the architect of Maple Terrace.

Rents start at $2,292 for the 601-square-foot studio, while one-bedrooms start at $3,742. A 2-bedroom 2-bath unit with 1,412 square feet is $4,765. The maxed-out option is a 3-bedroom, 3.5-bathroom unit with 2,879 square feet for $17,647 per month, not available until October.

Restaurants will include Doce Mesas, a Tex-Mex concept from Mico Rodriguez, opening late August; and Catch Dallas, featuring seafood, sushi, and steak

Real Estate News

Dallas real estate developer pleads guilty to bribing 2 city officials

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Dallas developer Sherman Roberts

Dallas real estate developer Sherman Roberts pleaded guilty on November 12 to conspiracy to commit bribery, according to a release from the U.S. Attorney for the Northern District of Texas Leigha Simonton.

Roberts, 70, who previously helmed City Wide Community Development Corporation, was indicted in December 2020. According to court documents, Sherman bribed two city council members — Mayor Pro Tem Dwaine Caraway and City Council member Carolyn Davis — to support loans and low-income housing tax credits for his apartment projects.

In return for several thousand dollars in cash – plus the promise of future payments after her city council tenure ended – Davis lobbied for Roberts' real estate projects, including Serenity Place, Runyon Springs, and Patriot’s Crossing.

She promoted Serenity Place to the City Housing Committee, demanded other developers also seeking real estate funding withdraw their applications in order to increase Roberts' chances of success, recommended Serenity Place receive a 9 percent low income housing tax credit, and voted to approve a $1.9 million loan from the city of Dallas.

“Right now you and me are making money,” Roberts texted Davis shortly after the vote.

Later, she repeatedly reached out to ask for more money — "just a few dollars" — and he agreed.

Davis and Roberts then met with Caraway to address a problem with the Patriot's Crossing project. In return for several hundred dollars cash and a $2,000 monthly stipend, Caraway agreed to stop the city from issuing a request for proposal (RFP) for the Patriots Crossing project and to deliver the project for Roberts.

“How much is the project worth?” Mayor Pro Tem Caraway asked. “Once you’re successful with this project, don’t forget about me.”

“I won’t forget about you,” Mr. Roberts responded. “That’s where the money is… the money has never been an issue.”

Roberts now faces up to five years in federal prison. He is slated to be sentenced on March 12, 2025.

Caraway pleaded guilty in 2019 to conspiracy to commit honest services fraud and tax evasion and was sentenced to more than four years in federal prison.

Davis pleaded guilty in 2019 to conspiracy to commit bribery concerning an agent of a local government receiving federal benefits, but passed away in a car crash before she could be sentenced.

Roberts was one of three real estate developers charged in connection with the bribery scandal. Devin Hall, the developer behind the Grand Park Place apartment project, pleaded guilty in August 2020. Ruel Hamilton, the AmeriSouth Realty Group executive who backed the Royal Crest housing project, is awaiting retrial on conspiracy and bribery charges.

The Federal Bureau of Investigation’s Dallas Field Office conducted the investigation with the assistance of IRS – Criminal Investigation’s Dallas Field Office. Assistant U.S. Attorney Marcus Busch is prosecuting the case with the help of Assistant U.S. Attorney Donna Max.