As we have mentioned, Luke Crosland, the man who developed The ilume, a mixed-use retail/residential project at Cedar Springs and Knight Street in Oak Lawn, is hoping to build an extremely high end, $100,000,000 residential apartment community into the very heart of Preston Center, south of Northwest Highway.
Crosland, principal of The Crosland Group, developed the 316-unit ilume, with 23,000 square feet of retail space, into one of the most successful apartment communities in Dallas. So successful, in fact, that he snapped up four acres at Cedar Springs Road and Douglas Avenue, almost catty-corner from the original ilume, for another 240-unit apartment complex called ilume Park he recently completed.
Let me tell you, when developers name a second product after the first, you know they’ve hit a home run. Apartment developments are like movies: when one becomes a huge hit, a hundred clones follow. (more…)