Everything you wanted to know about the Urban Core, Uptown and Downtown Dallas, Texas & Dallas Ft. Worth Area Real Estate - Its growth, prosperity, setbacks and unprecedented revitalization is told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Monday, March 20, 2017
What's next for Dallas' skyline? Developer buys site, plans 40-story skyscraper
Developers have purchased property to build the first true downtown Dallas skyscraper in seven years.
Chicago-based Amli Residential bought the vacant block on Field Street just north of Ross Avenue.
The developer plans to build a more than 40-story apartment tower on the parking lot next door to the landmark Fountain Place office tower.
Deed records say that Amli's planned high-rise will have 367 rental units.
The nationwide apartment builder bought the building site from Fountain Place owner Goddard Investments. Goddard is currently building a parking garage and retail building on the east side of Fountain Place.
Dallas architect Page Southerland Page Inc. has designed the planned residential skyscraper for Amli. Early concepts show a slender, prismatic tower will compliment Fountain Place.
Amli's Taylor Bowen said construction on the apartment high-rise will start this summer.
Amli's Field Street tower would be the tallest downtown building started since construction began in 2010 on the 42-story Museum Tower condominium building in the Arts District.
The apartment project would be one of about a dozen high-rise residential buildings under construction in the Dallas area. It would be located a block south of Woodall Rodgers Freeway.