love field apartments

Image: Google Maps

Developers have their eye on the Love Field-Medical District areas, and a new residential community is underway.

Fairfield Residential recently purchased about six acres near Denton Drive and Inwood Road for a 350-unit apartment complex. Fairfield has ten residential developments in the DFW area, including the upscale 21 Forty Medical DistrictCantabria at Turtle Creek, and Rienzi at Turtle Creek.

Two blocks just south of Love Field along Inwood Road and Sadler Circle will be cleared for the as-yet-unnamed project. The land is currently occupied by a handful of commercial buildings. Demolition is slated for completion by the end of 2015.

Development in this area is gaining momentum, driven in part by the expanded air services at Love Field, as well as growth of the Medical District, like the Parkland expansion. The location is a big factor, too.

“That little pocket of real estate is booming right now—I actually showed a property there this morning to a woman who works at Parkland,” said David Maez, Broker, Creative Director, and Co-Founder of Vivo Realty. “It’s a great location for potential tenants, close to Uptown, downtown, and the airport, as well as the Tollway for people that need to commute up north.”

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Photo courtesy Wood Partners

Another residential development is underway near West Dallas’ super hot Trinity Groves neighborhood with the construction of Alta Yorktown by Wood Partners LLC.

The development will include 226 luxury apartments in three, four-story buildings on six acres. The property, located at 660 Yorktown St., is just one mile west of downtown Dallas, and sits near the Trinity Groves restaurant, retail, and entertainment area.

Rents at Alta Yorktown will average just over $1,300 a month for apartment homes that average 827 square feet (available as studio, one, two, and three bedrooms). Leasing will begin toward the end of 2015, and construction is slated for completion toward the middle of 2016.

Interior finishes in the apartments will include granite countertops, stainless steel appliances, tile backsplashes, Shaker wood cabinets, upgraded fixtures, and wireless technology packages. Community amenities will include an outdoor swimming pool and courtyard, grilling stations, and fire pits. The property will also have a small amount of retail space.

Alta Yorktown is just one of multiple new developments in and around Trinity Groves, where Wood Partners has a big stake in the neighborhood. It sits next to the Sylvan Thirty mixed-use project, in where Wood Partners built the 200 apartments, and the Alta West Commerce apartments, which will have 252 units. Jump to read more!

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Photo courtesy Oak Cliff Blog

The clock is ticking for the old Mission Motel in West Dallas as Trammell Crow Residential begins work on a new development on the site and adjoining lots, which will include 300 rental units, as well as 14,000 square feet of retail space.

“We are tearing it down. We just finished asbestos abatement and will start demo soon,” said Matthew Enzler, Managing Director for Development at Trammell Crow Residential.

We reported on the developer’s purchase of the Mission Motel last July. Over the holidays, the developer tore down an old bank at Fort Worth Avenue and Yorktown Street. The Mission Motel and two other nearby properties will also be cleared soon, Juan’s Body & Frame and Nino’s Body Shop. Jump to read more.

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