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 | Apr 9, 2024
March reports record gains in multifamily rent growth in 20 months
Asking rents for multifamily units increased $8 during the month to $1,721; year-over-year growth grew 30 basis points to 0.9 percent—a normal seasonal growth pattern according to Yardi Matrix.
Industry Research | Apr 4, 2024
Expenses per multifamily unit reach $8,950 nationally
Overall expenses per multifamily unit rose to $8,950, a 7.1% increase year-over-year (YOY) as of January 2024, according to an examination of more than 20,000 properties analyzed by Yardi Matrix.
Affordable Housing | Apr 1, 2024
Biden Administration considers ways to influence local housing regulations
The Biden Administration is considering how to spur more affordable housing construction with strategies to influence reform of local housing regulations.
Affordable Housing | Apr 1, 2024
Chicago voters nix ‘mansion tax’ to fund efforts to reduce homelessness
Chicago voters in March rejected a proposed “mansion tax” that would have funded efforts to reduce homelessness in the city.
Standards | Apr 1, 2024
New technical bulletin covers window opening control devices
A new technical bulletin clarifies the definition of a window opening control device (WOCD) to promote greater understanding of the role of WOCDs and provide an understanding of a WOCD’s function.
Adaptive Reuse | Mar 26, 2024
Adaptive Reuse Scorecard released to help developers assess project viability
Lamar Johnson Collaborative announced the debut of the firm’s Adaptive Reuse Scorecard, a proprietary methodology to quickly analyze the viability of converting buildings to other uses.
Green | Mar 25, 2024
Zero-carbon multifamily development designed for transactive energy
Living EmPower House, which is set to be the first zero-carbon, replicable, and equitable multifamily development designed for transactive energy, recently was awarded a $9 million Next EPIC Grant Construction Loan from the State of California.
Adaptive Reuse | Mar 21, 2024
Massachusetts launches program to spur office-to-residential conversions statewide
Massachusetts Gov. Maura Healey recently launched a program to help cities across the state identify underused office buildings that are best suited for residential conversions.
Multifamily Housing | Mar 19, 2024
Jim Chapman Construction Group completes its second college town BTR community
JCCG's 200-unit Cottages at Lexington, in Athens, Ga., is fully leased.
