Our appetite for high-rise residential evidently knows no bounds, as Richardson-based Genesis Real Estate Group has announced yet another high-rise project planned for the urban core. This project, a 28-story high-rise at Hi Line Drive and Houston Street inside Victory Park, was designed by Houston-based architecture firm EDI, according to Dallas Morning News reporter Steve Brown. Genesis is the 30-year-old firm that brought the 603-unit 3225 Turtle Creek, AKA The Renaissance, online.
Brown says that there are other high-rise projects in the works by Greystar, Novare Group and Lennar Multifamily. One has to wonder if we are perhaps biting off more than we can chew with all these new high-rise condo developments. Still, I’m optimistic that this project could usher in more foot traffic to Victory Park, which has so much potential but lacks the critical mass of residents to support a lot of retail and restaurants.
What do you think?