Southern Land Company Announces New 270-Unit High-Rise Residential Project Near Knox/Henderson

DALLAS - July 6, 2015 - PRLog -- Southern Land Company (http://www.southernland.com/), a Nashville-based multi-family developer, announced today its plans for its fifth project in the Dallas/Forth Worth area – a new luxury high-rise project on Oliver Street in the Knox neighborhood of Dallas. Construction on the 270-unit, 18-story development is set to begin in the first quarter of 2016. Other Dallas-area properties developed by Southern Land include Junction 15 (http://www.junction15apartments.com/junction15) (historic downtown Plano), The Lofts at Watters Creek (http://www.loftsatwatterscreek.com/) (Allen), Arthouse (http://www.arthousekeller.com/) (Keller) and Tucker Hill (http://www.tuckerhilltx.com/) (McKinney).

“This project is going to bring something new and unique to the Knox Street neighborhood which is the most vibrant retail and restaurant district in Dallas,” said Todd Marchesani, acquisitions manager for Southern Land. “The demand for urban living within walking distance to lifestyle amenities has continued to increase. This property provides the ideal location with its proximity to offices, shops and restaurants in Downtown Dallas, Uptown, Highland Park and Preston Center. Crafting communities where lifestyle thrives is our ultimate objective.”

Designed by local architect Gromatzky Dupree &Associates (GDA), the community will feature unobstructed views of downtown Dallas. The property will have multiple outdoor amenity spaces including a 10,000-square-foot private open space that connects to McKinney Avenue. This Charleston-style courtyard will feature a dog park and outdoor seating area with grills and fireplace.  In addition, the property will provide luxury amenities including concierge and resident services; the fifth floor will feature a resort-style pool and private cabanas complete with TVs, fitness center and residents’ lounge. Due to its irreplaceable location, residents will also enjoy access to the Katy Trail and be within a five minute walk to more than 21 restaurants, 32 retails shops and a new Trader Joe’s grocery store.

Southern Land CEO Tim Downey noted, “Southern Land creates communities. In all of our projects, we are attracted to sites with a strong sense of urbanism and walkability; the Knox neighborhood was a perfect match. Dallas has been a very opportunistic market in this regard, and this property will highlight the cornerstones of our company – great design and desirable lifestyle.”

Residential units range from 500 square feet to 3,000+ square feet, offering efficiencies, one-bedrooms, two-bedrooms and three-bedroom apartments providing a variety of price points and layouts for potential residents. Some penthouse units will offer private terraces unique to the market. Residents will have access to four levels of above ground parking and private garage options. Other in-unit amenities include high-end stainless steel appliances, washer/dryer, quartz countertops, and 10-foot ceilings. Estimated lease-up is projected for the spring of 2018.

Southern Land currently has more than $1 billion in development across the United States. In addition to its projects in Dallas, Allen, Keller, McKinney and Plano, Southern Land is also currently working on projects in Denver and Boulder, CO, Nashville, TN and Philadelphia, PA.

Southern Land Company will serve as the general contractor and oversee commercial construction. Special thanks to Pat Patman of Patman Realty Company and Dallas Cothrum of Masterplan Consultants for their work on this project.

Southern Land Company seeks unique, high-barrier-to-entry development opportunities in select markets and communities. Site availabilities may be directed to Todd Marchesani at todd.marchesani@southernland.com

About Southern Land Company

Southern Land Company builds quality communities that enhance the lives of residents and tenants across the United States. With a comprehensive set of services that span the entire development cycle, Southern Land delivers distinctive settings where people want to live, work and shop. By upholding stringent standards for single-family, multifamily and mixed-use developments, the company creates projects with long-term viability that investors, residents, employees and partners can rely on. Founded in 1986, Southern Land is headquartered in Franklin, Tennessee and develops properties in several key U.S. markets including Dallas. www.southernland.com.