Tuesday, February 18, 2014

Lovers Lane apartments are welcoming their first tenants


The Landmark on Lovers has 336 units. (Steve Brown)
A new North Dallas apartment community that’s been in the works for more than a year is welcoming its first tenants.
The Landmark on Lovers apartments are located less than a block from the Central Market store on Lovers Lane just east of Greenville Avenue.
Developer Carbon Cos. and Thompson Realty Capital are building the luxury rental community on land that once had an older apartment complex.
The old Signature Pointe apartments on Lovers were empty for more than two years before lenders foreclosed on the property.
The apartments start at more than $1,100 a month. (Steve Brown)
In 2012 Carbon bought the east half of the property for its project.
The rental community that’s opening up would be at home in Dallas’ Uptown district.
“We gave it an urban feel in what is a transitioning neighborhood,” said Thompson Realty’s W.T. Field as he gave a tour of the property.
The 4-story buildings wrap a large central “park” with swimming pool and outdoor facilities.
There are two large tenant lounges, exercise facilities, a professional kitchen and business center.  The project even has a dog park and dog grooming center.
“The quality level has risen so much that people expect these things in a new apartment project,” Field said.
Rents in the building start at over $1,100 a month. The units average 870 square feet.
Landmark on Lovers is one of three new rental projects under construction in the neighborhood.
Next door on Lovers, Tradition Senior Living is building a 311-unit seniors housing community.
And a few blocks away at Amesbury Drive and Skillman Street, developer JLB Partners is building the first of more than 1,000 apartments in can ultimately build.

 Steve Brown, Dallas Morning News