Thursday, November 03, 2016

Crow Residential Kicking Off Third Oaklawn Apartment Project in Dallas

Apartment builder Trammell Crow Residential is tripling down on the Oak Lawn rental market.
The Dallas-based developer is about to begin work on its third major rental community in the Maple Avenue corridor near Oak Lawn Avenue.
Crow Residential built the 299-unit 4110 Fairmount apartments two years ago.
Then the developer built the 368-unit Alexan Fairmont apartments on Fairmount Avenue. The apartment project just sold to a Canadian investor for $71 million.
Now Crow Residential is working on a third project at Fairmount and Throckmorton Street.
The 340-unit project will replace older apartments on the block. Building permits value the development at $43 million.
"We are excited to the be part of the all the changes going on in the neighborhood, specifically the completion of Old Parkland and the new restaurants open along Maple Avenue," Matt Enzler, Crow Residential managing director, said.  
Crow Residential is one of Dallas' busiest apartment builders, with projects under way in several close-in neighborhoods.
Written by Steve Brown- Dallas Morning News