Wednesday, October 12, 2016

WHY ONE UPTOWN IS THE CROWN JEWEL OF STONELEIGH COS

Jack Sovern, Philip Kingston, Paul Cheng, Rick Cavenaugh, Peter Lloyd, Phillip Shepherd at the ground breaking of One Uptown

Stoneleigh Cos president Rick Cavenaugh announced today that One Uptown (which topped out in June) will open in January 2017. We sat down with Rick before the Class-A 20-story tower opens (and before Rick speaks at our 2016 Development & Construction Forum event) to hear what makes the project unlike anything Uptown's seen in quite a while.
Adaptation The 100-year flood Dallas got in 2014 delayed One Uptown's construction significantly. While Rick calls the weather "irritating," the delay also allowed Stoneleigh to take another look at the rapidly changing market and adapt the project accordingly. He saw what was happening with rents in other trophy projects and knew Stoneleigh needed to offer more for residents to remain at the top of the market, Rick says. After that, Stoneleigh upped One Uptown's amenities and unit finishes. Site Location On the cross streets of McKinney Avenue and Routh Street, One Uptown's lot resembles a parallelogram more than a square. Stoneleigh used that shape as inspiration for the 198-unit tower.  Here are Jack Sovern, Philip Kingston, Paul Cheng, Rick, Peter Lloyd and Phillip Shepherd at One Uptown's groundbreaking.
Architecture Unlike a typical Uptown apartment that runs 10 to 25 stories with brick exterior, punched windows and concrete balconies in a linear building, Rick tells us One Uptown utilizes a constantly flowing fa├žade so no part of the building is a straight line. Every way you look, the building has a distinctly different impression. Rick says the building, designed by Dallas-based Humphreys Partners, has a lot of motion.

Read Full Story
Written by Julia Bunch - BisNow DFW