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Design District: Urby High-rise Apartments

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jetnd87
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Design District: Urby High-rise Apartments

Postby jetnd87 » 13 Nov 2019 14:09

A New Jersey developer that has major projects in the New York metro area plans to build a high-rise residential building in Dallas’ Design District.

Urby – a unit of Hoboken-based Ironstate Development Co. – is working on the luxury rental project on HiLine Drive near Turtle Creek Boulevard.

The two-tower development is right across the street from the new Virgin Hotel.

Urby recently bought the almost four acre vacant block which fronts on the Trinity Strand Trail.

The property is one of the last large vacant development sites in the Design District, which is seeing a wave of construction and new projects.

Nearby property owners expect Urby’s residential tower to reach almost 30 floors.

“I can tell you that phase one is 381 rental units,” Urby representative George Cahn said in an email. “Construction will start in March, 2020.”

The tower will take about 26 month to complete, he said.

Urby is know at home for its sleek modern designs, high-end amenities and affordable apartment rents. The company has new projects on Staten Island, in Jersey City and near Stamford, Conn.


https://www.dallasnews.com/business/rea ... r-project/

DPatel304
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Re: Design District: Urby High-rise Apartments

Postby DPatel304 » 13 Nov 2019 14:15

Thanks for sharing! I'm curious to see what this will look like, and they also mention that 'phase one' will be 381 rental units, so I wonder what phase two will entail.

I'm very happy to see yet another tower going up in the Design District and glad to see this one fronting the Trinity Strand Trail. I think that's definitely an underutilized asset and hopefully if we get enough development in the area, we'll eventually get someone to clean it up and make it look a bit nicer.

It seems like it's been a great week for Dallas so far. Could this, in part, be because of the Uber effect? I know Dallas has been doing just fine even before Uber, but I'm sure they definitely helped provide more confidence for developers in our city.

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eburress
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Re: Design District: Urby High-rise Apartments

Postby eburress » 13 Nov 2019 14:17

Almost 30 floors is tall for that part of the Design District! How exciting!

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muncien
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Re: Design District: Urby High-rise Apartments

Postby muncien » 13 Nov 2019 14:19

I only see ONE high rise on Urby's website... But, it is one sweet looking building. Glad to see some new blood in the area. It doesn't look like they have done much at all.
"He doesn't know how to use the three seashells..."

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emmasensei
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Re: Design District: Urby High-rise Apartments

Postby emmasensei » 13 Nov 2019 15:40

yaaaay. I especially want to see the Trinity Strand Trail begin to pop. I live so close to the Katy Trail that I never have the urge to go down there, especially when it's as un-vibrant as it currently is. But with the KT becoming downright crowded on weekends, there's no reason why we can't start spreading the love to our other trails.

Tnexster
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Re: Design District: Urby High-rise Apartments

Postby Tnexster » 13 Nov 2019 17:13

Wow 30 floors and then don't forget the planned tower next to Cabana which could be close to 35 if I remember correctly. Maybe DD is going to be a bigger player going forward.

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eddieg1
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Re: Design District: Urby High-rise Apartments

Postby eddieg1 » 14 Nov 2019 06:30

Urby Redefines Big City Apartment Living

[https://www.forbes.com/sites/keithflamer/2017/11/30/urby-redefines-big-city-apartment-living/amp/]

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texasstar
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Re: Design District: Urby High-rise Apartments

Postby texasstar » 14 Nov 2019 09:05

The hits just keep on coming!

cowboyeagle05
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Re: Design District: Urby High-rise Apartments

Postby cowboyeagle05 » 14 Nov 2019 09:23

I will believe it when I see it.

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ContriveDallasite
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Re: Design District: Urby High-rise Apartments

Postby ContriveDallasite » 15 Nov 2019 03:07

Does anyone wonder where the next natural transition of the retail that is in the design district will move? As the pSQFT rents start lifting, it will make less economically feasible for some of these galleries and showrooms to stay in the area.

Not against what is happening - but where do we see this retail moving to? Further north-east towards Mockingbird / Love Field?

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tamtagon
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Re: Design District: Urby High-rise Apartments

Postby tamtagon » 15 Nov 2019 12:25

I really wouldn't mind seeing a shift of the edgier galleries to Deep Ellum and Expo/Fair Park with Design District trending toward the higher end galleries.... the flow from Design District thru Victory Park to the Arts District is a fantastic corridor of citified experience catering to the art world, with East Dallas and Fair Park providing a big kicker of emerging art trends.

DPatel304
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Re: Design District: Urby High-rise Apartments

Postby DPatel304 » 15 Nov 2019 12:34

Deep Ellum seems like a natural fit, but that neighborhood is changing way too rapidly at this point. Expo park might be a possibility. Perhaps even the Cedars?

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eburress
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Re: Design District: Urby High-rise Apartments

Postby eburress » 15 Nov 2019 13:58

tamtagon wrote:I really wouldn't mind seeing a shift of the edgier galleries to Deep Ellum and Expo/Fair Park with Design District trending toward the higher end galleries.... the flow from Design District thru Victory Park to the Arts District is a fantastic corridor of citified experience catering to the art world, with East Dallas and Fair Park providing a big kicker of emerging art trends.


To some extent this is already happening. One of my favorite galleries, Maestri, is now in Exposition Park.


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