Jun 3, 2014, 2:08pm CDT Updated: Jun 4, 2014, 3:34pm CDT
Staff Writer- Dallas Business Journal
Work has begun on one of Uptown’s prime development sites — a nearly one-acre lot adjacent to the Federal Reserve Bank of Dallas — for a new luxury residential tower near McKinney Avenue at the Maple/Routh Connection and Thomas Avenue in Uptown.
Dallas-based StreetLights Residential started construction on the 23-story high-rise tower, which will total 212 one- and two-bedroom apartments, and become part of Uptown’s landscape, said CEO Doug Chesnut, who has previously told the Dallas Business Journal that he prefers to build in Uptown.
The new project started shortly after StreetLights Residential signed onto another high-profile project helmed by Phoenix-based RED Development in Uptown. The company is also developing The Taylor, a 17-story luxury apartment tower in Uptown.
“The landscape of Dallas’ urban core has changed dramatically over the past few years, and we are excited to be part of this positive change and growth as we begin work on another urban infill project,” Chesnut said.
StreetLights hired Gromatzky Dupree & Associates (GDA) to design the luxury tower, which includes penthouse options with views of Dallas’ skyline. The interior of the apartments are designed by Waldrop + Nichols Studio LLC. Studio Outside is the landscape architect on the project.
StreetLights Residential’s SLR Uptown Construction LLC is the general contractor. Chesnut expects to finish the first apartments by late 2015.