Developer ready to start 1.1 million sq ft Far North Dallas mixed-use project
Developers are kicking off a Far North Dallas mixed-use project starting with 310 apartment units.
By STEVE BROWN Real, Estate Editor, DMN
Published: 30 January 2012 10:24 AM
Developers working with Texas A&M University to build on 73 acres in Far North Dallas are ready to kick off their project.
Arlington-based Realty Appreciation Ltd. is seeking City of Dallas approval to build the first 310 apartments in its development called Urban Living Laboratory on Coit Road in Collin County.
The mixed-use project is planned for land that is part of A&M's decades old extension services facility on Coit south of Frankford Road.
Texas A&M is a partner in the development which was originally announced in late 2010.
The $28 million first phase of construction of the six-phase Urban Living Laboratory project is planned to include 10 apartment buildings and a clubhouse on a vacant tract just east of Coit, according to designs filed with the City of Dallas.
Developer Stewart Hoffman heads Realty Appreciation.
The entire $128 million dollar, 1.1-million-square-foot Urban Living Laboratory project is envisioned to include apartments, offices, retail and hotel space.
The complex will also be used to research, demonstrate and teach concepts of sustainability, energy efficiency and urban planning.
The project calls for the eventual construction of 600 apartments, 200 student housing units, more than 100,000 square feet of retail space and two hotels.
Earlier post on the subject:
http://forum.skyscraperpage.com/show...postcount=1983
Article:
http://www.dallasnews.com/business/c...as-project.ece