In Dallas, work has begun on a new multifamily high-rise called The Oliver. The 19-story, 351-unit apartment building will be located within The Central, a 27-acre mixed-use development near the Knox/Henderson neighborhood north of downtown Dallas.
StreetLights Residential, a developer of luxury multifamily and mixed-use communities, and Mitsui Fudosan America (MSA), the U.S. subsidiary of Japan’s Mitsui Fudosan Co., Ltd., recently broke ground on The Oliver. The building’s floorplans will consist of studio, one-bedroom, and two-bedroom options ranging in size from 585 to 1,830 square feet. Led by De La Vega Development, The Central will provide 4 million square feet of office, residential, and retail space, plus a four-acre park.
The Oliver’s residential amenities will include a lounge, a coffee bar, a coworking space with a TV and two private coworking offices, and bike storage with a toolkit station. Pet owners will have access to a dog-wash station with high and low wash basins for dogs of all sizes, as well as a blow-dry station next to a private, covered dog park.
The fitness space will have a weights area, a flex fitness space designed for yoga and Pilates, and a fitness patio, in addition to cardio and elliptical equipment. And the outdoor pool lounge will offer a catering kitchen and fireplace.
“Our goal is to design a high-quality, timeless building that enriches the lives of residents and the surrounding neighborhood,” Greg Coutant, StreetLights’ vice president of development, said in a statement.
The Oliver will be less than a block away from the DART Light Rail network, which provides a direct route to DFW Airport.
On the Building Team:
Owner/developer: StreetLights Residential
Design architect and architect of record: StreetLights Creative Studio
General contractor/construction manager: SLR Construction, LLC
Electrical engineer: Power Design, Inc.
Structural engineer: Viewtech, Inc.
Plumbing/HVAC: TDIndustries, Inc.
Related Stories
Multifamily Housing | Feb 2, 2015
D.C. developer sees apartment project as catalyst for modeling neighborhood after N.Y.'s popular High Line district
It’s no accident that the word “Highline” is in this project’s name. The goal is for the building to be a kind of gateway into the larger redevelopment of the surrounding neighborhood to resemble New York’s City’s trendy downtown Meatpacking District, through which runs a portion the High Line elevated park.
Multifamily Housing | Jan 31, 2015
5 intriguing trends to track in the multifamily housing game
Demand for rental apartments and condos hasn’t been this strong in years, and our experts think the multifamily sector still has legs. But you have to know what developers, tenants, and buyers are looking for to have any hope of succeeding in this fast-changing market sector.
Multifamily Housing | Jan 31, 2015
20% down?!! Survey exposes how thin renters’ wallets are
A survey of more than 25,000 adults found the renters to be more burdened by debt than homeowners and severely short of emergency savings.
Multifamily Housing | Jan 31, 2015
Production builders are still shying away from rental housing
Toll Brothers, Lennar, and Trumark are among a small group of production builders to engage in construction for rental customers.
Multifamily Housing | Jan 29, 2015
5 predictions for the multifamily sector in 2015
Brian Carlock of PwC expects more younger adults to get into the game, despite continuing affordability issues.
Multifamily Housing | Jan 27, 2015
Multifamily construction, focused on rentals, expected to slow in the coming years
New-home purchases, which recovered strongly in 2014, indicate that homeownership might finally be making a comeback.
Multifamily Housing | Jan 22, 2015
Sales of apartment buildings hit record high in 2014
Investors bet big time on demand for rental properties over homeownership in 2014, when sales of apartment buildings hit a record $110.1 billion, or nearly 15% higher than the previous year.
Modular Building | Jan 21, 2015
Chinese company 3D prints six-story multifamily building
The building components were prefabricated piece by piece using a printer that is 7 meters tall, 10 meters wide, and 40 meters long.
| Jan 19, 2015
Four Seasons tower will be Boston's tallest
On Jan. 14, 2015, developer Carpenter & Company and executives from the Four Seasons broke ground on the Four Seasons Hotel & Private Residences, which will become the tallest building in Boston at 699 feet.
Smart Buildings | Jan 7, 2015
Best practices for urban infill development: Embrace the region's character, master the pedestrian experience
If an urban building isn’t grounded in the local region’s character, it will end up feeling generic and out-of-place. To do urban infill the right way, it’s essential to slow down and pay proper attention to the context of an urban environment, writes GS&P's Joe Bucher.
