A South Carolina-based developer is eyeing a high-rise residential project near downtown Dallas’ Farmers Market. Woodfield Development has filed plans with the state for a 21-story residential tower on South Good Latimer Expressway near Interstate 30.
The high-rise would be built on one of the last large development sites in the Farmers Market area, where hundreds of new apartments have been built in the last decade.
The $125 million residential building called the GreenHouse would be one of the first high-rise projects in the Farmers Market neighborhood.
Construction is set to start on the 573,000-square-foot project in May with a two-year development timetable.
Dallas architect Corgan is designing the building.
Founded in 2005, Woodfield Development has built more than 30 luxury apartment communities in the Carolinas, the Washington, D.C., area, Atlanta, Philadelphia and Florida.
Earlier this year, the developer opened a Dallas office to expand its activities to Texas.
The company’s first Dallas project is planned across the street from the 340-unit Skyline Farmers Market apartments, which was purchased this summer by investor SPI Advisory of Dallas.
The Farmers Market development it’s planning is a couple of blocks from where construction is underway on Pearl Lofts, a six-story community with 100 apartment units along Pearl Street.
Woodfield’s high-rise would be one of several such projects in the works in downtown Dallas.
On Young Street west of the Farmers Market, developer Mill Creek Residential has broken ground for a 16-story apartment tower called Modera St. Paul.
On Main Street on the eastern edge of downtown, developer Todd Interests has designed a 47-story, $195 million residential tower. The high-rise would be part of Todd Interests’ East Quarter development.
Read More:South Carolina developer plans downtown Dallas high-rise
2022-12-13 20:00:55
