Knox: The McKenzie (~240 ST / 22 ST)

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kingpin
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Knox: The McKenzie (~240 ST / 22 ST)

Postby kingpin » 25 Dec 2016 12:26

Construction begins on 22-story residential tower in Knox Henderson neighborhood

http://www.bizjournals.com/dallas/news/2016/03/16/construction-begins-on-22-story-residentialtower.html

Construction has begun on a new 22-story luxury residential tower in the Knox Henderson neighborhood in Dallas, which will bring 183 luxury residential homes and penthouses to this part of Dallas.

The soon-to-be developed high-rise — called The McKenzie — at the corner of Harvard Avenue and Tracy Street will be constructed by Dallas-based StreetLights Residential and equity partner Tricon Capital Group Inc. in an architectural style reminiscent of a historic luxury hotel.


"This will be a special project targeted toward empty-nesters who require a superior level of service that is not often found in the apartment rental community," said StreetLights CEO Doug Chesnut in a prepared statement.

The 183 homes will range from 990 square feet to 2,700 square feet of residential space with one-, two-, and three-bedroom floor plans with a limited number of penthouse units. The average home size will be 1,600 square feet.

Plans for the homes include designer gas cooktops, built-in wine refrigerators and custom detailed cabinetry. The community will have a resident bar, a garden room with exterior garden views, fitness center, elevated pool deck and a resident great room with outdoor dining adjacent to the room.

Looney Ricks Kiss Architects is the project architect. Linda Tycher & Associates is the landscape architect. Waldrop + Nichols Studio is the interior designer.

The high-rise will have a valet, concierge and a 24-hour doorman. Construction is slated for completion in early 2018.


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http://streetlightsres.com/development/the-mckenzie/

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kingpin
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Re: Knox: The McKenzie

Postby kingpin » 25 Dec 2016 12:29

12/24/16 Update

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tamtagon
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Re: Knox: The McKenzie

Postby tamtagon » 25 Dec 2016 15:57

Too bad these units are not for sale; this may be the best neighborhood to own a highrise unit.

Kingpin, thanks for all the pictures!

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Tivo_Kenevil
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Re: Knox: The McKenzie

Postby Tivo_Kenevil » 26 Dec 2016 14:46

This is great. Nice pix KP.

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homeworld1031tx
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Re: Knox: The McKenzie

Postby homeworld1031tx » 26 Dec 2016 20:44

Completely forgot about this one since it took them forever to start one it after they had cleared the land (what was it that they built first again - a dog kennel?) Glad to see that it's well on its way up.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Thymant » 01 Mar 2017 12:16

Taken by me:

Image

Image

Tnexster
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Tnexster » 01 Mar 2017 12:25

I forget this one is going up, thanks for the update.

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dwight
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby dwight » 01 Mar 2017 13:58

It has quite a presence as you drive up McKinney.

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Erick_g02
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Erick_g02 » 01 Mar 2017 17:08

This one seems to be rising ever so slowly. Can't wait to see the finished product. I'm sure it'll look impressive.

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Dtown214
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Dtown214 » 01 Mar 2017 17:09

very nice!

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NdoorTX
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby NdoorTX » 01 Mar 2017 21:37

Yeah- I'm very excited about this one. It has a lovely nod to classical designs and will fit the area well. I hope it's a catalyst for more of the same.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby LongonBigD » 02 Mar 2017 10:41

dwight wrote:It has quite a presence as you drive up McKinney.
It's starting to have a presence as you drive north on NCX as well.

As to the comment about how slow it's coming, I have the opposite impression. This one and Oliver & Central were announced around the same time. O&C is just sitting there without anything done after the old office buildings were scraped. The McKenzie had a slow start because of the relocation of the (three story) Doggie Daycare/Vet, but now they are going great guns. Looks like about 10 of the 22 stories are poured.

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Cbdallas
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Cbdallas » 02 Mar 2017 11:25

Also not only is it tall but it is also wide. This is a big building.

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kingpin
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby kingpin » 04 Mar 2017 13:47

3/4/17
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Thymant » 19 Apr 2017 18:56

From Today:

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By Me

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby LongonBigD » 01 May 2017 21:19

Update photos from yesterday. About 8 more floors to go. Still waiting to see the brick selection.

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kingpin
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby kingpin » 05 Jun 2017 17:50

6/5/17

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Tnexster » 05 Jun 2017 23:16

So are they pouring the 20th floor?

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kingpin
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby kingpin » 19 Jun 2017 18:36

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R1070
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby R1070 » 19 Jun 2017 19:44

I think we just have 2 more floors to go.

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kingpin
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby kingpin » 20 Aug 2017 20:24

8/20

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kingpin
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby kingpin » 24 Sep 2017 20:51

9/24/17

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joshua.dodd
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby joshua.dodd » 25 Sep 2017 13:57

The brick work looks amazing!
We need more brick and less stucco.

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kingpin
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby kingpin » 27 Nov 2017 13:55

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Last edited by kingpin on 27 Nov 2017 17:37, edited 1 time in total.

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DBadger
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby DBadger » 27 Nov 2017 15:16

Is this the McKenzie or is it the Case building in Deep Ellum?
They look quite similar?

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Waldozer
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Waldozer » 27 Nov 2017 15:58

Even without the lettering, this is definitely Case.

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Tivo_Kenevil
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Tivo_Kenevil » 27 Nov 2017 16:04

Yeah, thats definitely east Dallas..

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kingpin
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby kingpin » 27 Nov 2017 17:19

sorry guys, wrong thread

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Dmkflyer
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Dmkflyer » 30 Nov 2017 22:59

This is 100% The McKenzie

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby LongonBigD » 30 Nov 2017 23:16

I really like the way this one commands the northern end of McKinney Ave. it also stands out looking south from Mockinbird Station. Wonder how preleasing is going.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby interestedobserver » 02 Dec 2017 06:40

I realize that photos of the Case Building were initially posted, but the irony is that these are both StreetLights projects, a development firm which tends to use a cookie-cutter design with cheap off-the-rack windows and a goal to sell the project quickly. I don’t blame them, but I find most of their projects cheap with many short cuts taken, and I say this having lived at both the Taylor and the Jordan.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby LongonBigD » 02 Dec 2017 09:50

It sounds like you are in a better position to make the observations you made having lived in two StreetLights projects. I don't know about the windows, but the comment makes sense.

I will say that MOST ALL developers have the goal of quickly selling the project. If they don't, how do they move on to the next one? As far as the cookie cutter aspect, how many different ways can you build a 20 story apartment tower? It seems to me that all those look alike to some degree (thinking of West Village and VP's latest) regardless of who developed it. Does the architect have a role in this as well?

I will say that I appreciate that brick seems to be StreetLight's predominate skin on the towers you mention and I will give them credit for that.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Matt777 » 02 Dec 2017 12:05

interestedobserver wrote:I realize that photos of the Case Building were initially posted, but the irony is that these are both StreetLights projects, a development firm which tends to use a cookie-cutter design with cheap off-the-rack windows and a goal to sell the project quickly. I don’t blame them, but I find most of their projects cheap with many short cuts taken, and I say this having lived at both the Taylor and the Jordan.


I'm very surprised to hear that. I always regarded Streetlights' projects as a cut above most of the apartments being built out there. Yes, they use almost the same floorplans in every development but there seems to be an emphasis on high quality materials, beautiful amenity spaces, and exteriors that don't look as cookie cutter as other developments. Their kitchens are bar none the best out there in the midrange "luxury" segment.

The Case Building kitchens, which have a near identical layout and feel as their other developments:
Image

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dukemeredith
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby dukemeredith » 02 Dec 2017 12:12

Yeah, the finishes in that picture look nicer than my Gables unit. And I’ve been happy here!

What will the rents be like at the Case Building? Comparable to the Jordan and the Taylor?

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interestedobserver
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby interestedobserver » 02 Dec 2017 15:23

I agree that StreetLights does a great job with unit finishes. The kitchens are fantastic. The built-in Sonos and speakers are also nice. Recessed, dimmable overhead lighting in the living room is a fairly unique feature and one that lends a more polished ambiance. I assume they are able to get great deals on a lot of these things since they must order huge numbers of the same fridge, sink, etc., across their wide portfolio of ongoing projects.

My beef is when it comes to other areas where I feel corners are cut, likely since they don't have the same purchasing power. For example, at both The Jordan and The Taylor there are two primary elevator units. They are models which have very slow door opening / closing and travel between floors. They are frequently down (less so now). Contrast that with a building like Gables Park 17 or The Brady which have four primary cars that are also higher end models with upgraded parts / motors allowing for faster travel and door opening / closing. It seems like a minor quibble but the elevator situation means I have to build in 5 - 10 minutes every day of my commute just to get to the garage. Ingress / egress at the Jordan is atrocious. Cars constantly have to back up and move out of the way in order to pass one another. And in a stroke of genius, moving trucks must park out front of the main entrance, blocking sight lines for the garage, and using the main driveway as a passage for dollies, furniture, etc.

I agree that most developers want to sell quickly, but I just find no comparison between the exterior appearance and quality of, say, The Ascent, to The Jordan. Or The Brady to The Jordan. Does anyone think that The Jordan's exterior style will look as good as The Ashton does at the latter building's current age?

Or compare The Jordan to Park District, going up just down the street. Both have bricks, but Park District clearly is done to a higher grade with much better windows and no apparent reliance on stucco.

Has anyone walked down an interior corridor of The Jordan or The Taylor and compared it to The Katy or The Brady? Night and day upgrade in terms of finish and quality for the non-Street Lights projects.

Another comparison: The Katy and its sister property at Preston Hollow Village. Better windows, better exterior finish.

I hate to sound whiny as that's not my intention, but I have been lured twice by the great photography and marketing of a Street Lights project. I won't make that mistake again (moving out next month). For the record: the management and building services at the Jordan are phenomenal.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby kingpin » 26 May 2018 12:48

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby LongonBigD » 15 Aug 2018 17:13

It's been a while since an update on this one. I still like the way it acts as an exclamation point at the north end of McKinney Ave. They light it up at night now (very subtle, just some accent lighting at the top).

From the outside, evidence of tenants has begun (there are chairs and bikes on some of the balconies). I saw some people enter the building after walking their dog. They have finished skinning the garage. It's not disguised/hidden very well, but who's going to complain? The garage faces a storage unit facility and the dog hotel/veterinarian. I will be watching to see how well this leases up. With all the activity proposed for Knox Street, it should be fine.
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Matt777
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Matt777 » 15 Aug 2018 23:10

It would be nice to see new residential highrises with this aesthetic in Downtown. This kind of reminds me of brand new versions of the prewar residential you'd see in older cities. I think they'd fit right in Dowtown.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby ContriveDallasite » 16 Aug 2018 03:32

^ ^ It doesn't seem to be part of the StreetLight Development strategy to build in downtown quite yet. They could make quite the statement if they did.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Tnexster » 05 Oct 2018 08:45

Living the high life: Dallas high-rise aims for tip top of rental market

https://www.dallasnews.com/business/rea ... tal-market

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby tamtagon » 05 Oct 2018 11:18

Tnexster wrote:https://www.dallasnews.com/business/real-estate/2018/10/05/living-high-life-dallas-high-rise-aims-tip-top-rental-market
"They want high-end services like at condominiums."

"Our residents are treated like this is their home when they walk in," Chesnut said. "We went with the high-quality finish-out and custom construction."


Okay, treated like they're home owners, just not. Hopefully, anyway, the next one will be a condo tower. This northern nook Knox is on track to become the highrise equivalent of Highland Park, but the dwellings need to be owner occupied for greatest stability, renters don't really care.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Tnexster » 28 Nov 2018 14:59

The Most Exclusive Rental Property in Dallas is Ready: Welcome to The McKenzie


https://candysdirt.com/2018/11/28/the-m ... -mckenzie/

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Tucy
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Tucy » 28 Jun 2019 18:09

$95 Million loan for The McKenziehttps://www.dallasnews.com/business/real-estate/2019/06/27/new-dallas-residential-tower-lands95-million-loan

Seems surprising they are only at 50% occupancy this long after opening (getting close to a year).

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Hannibal Lecter
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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby Hannibal Lecter » 28 Jun 2019 18:56

Tucy wrote:Seems surprising they are only at 50% occupancy this long after opening (getting close to a year).


"...and has apartments that rent from $3,500 a month for the smallest to more than $18,000 for a top-floor penthouse."

I think that explains it.

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Re: Knox: The McKenzie (~240 ST / 22 ST)

Postby eburress » 29 Jun 2019 08:58

This is a huge building, seeking very high rents. Makes sense.