1400 Hi Line Glass Tower Opens Half Leased
1400 Hi Line – a glass tower in the Dallas Design District – opened with half of its available apartments leased: 57 of the 110 luxury apartments built out on the lower 10 floors. The tower opened on July 2, 18 months after it broke ground.
The 24-story tower will ultimately feature 314 total units; the upper floors are expected to be completed by mid-January 2013, according to the Dallas Business Journal.
The 312,708-square-foot apartment property features some incredible amenities, such as a salt water infinity-edge pool with underwater sound system, a relaxation and reading area nestled among the trees, grass lawns with a fountain, a 100-inch outdoor movie screen for special events, and a skyline lounge with movable walls that expand to the outdoors. That’s just part of the reason why the high-rise apartments cost between $1,461 for a one-bedroom and $4,780 for one of the yet-to-be-completed penthouses.
The apartments have floor-to-ceiling windows and seven-foot decks that look onto the Margaret Hunt Hill Bridge, the American Airlines Center and downtown Dallas along Interstate 35E, according to the dedicated Web site.
The tower was designed by Gromatzky Dupree & Associates, the same architectural firm that designed Victory’s Cirque apartment tower and PM Realty’s Park Lane project. Rogers-O’Brien Construction is the general contractor, according to The Dallas Morning News.
Houston-based PM Realty Group is developing the high-rise property, the same company that built the residential tower in Dallas’ Park Lane complex across from NorthPark Center mall. The glass tower will also feature 27,000 square feet of retail space.
The 1400 Hi Line project was awarded Multifamily Residential Deal of the Year in 2012 by the Dallas Business Journal.Tags: 1400 Hi Line, Architecture/Design, Brokers, Condo, Co-op, HOA, Consumer, Dallas, Dallas Design District, Dallas Lead Story, Developers, Development, economy, Finance/Investment, Financiers, Glass tower, Gromatzky Dupree & Associates, high-rise, Investors, leasing, Local, luxury, luxury apartments, multi-family, Multifamily Residential Deal of the Year, National, Owners, PM Realty Group, Regional, retail space, Rogers-O’Brien Construction