Yeah, they are upgrading the building to modern finishes and sized units. My roommate used to live there and he was pushed out. They are doing half the building as phase 1 and whenever they finish they will do the other half. I know that the unit my roommate lived in had no kitchen just a bathroom sink so I imagine there are changes they will have to make just for the sake up being able to rent it out.
Quotes from the old article when it was purchased...https://www.dallasnews.com/business/real-estate/2016/11/07/oak-lawns-historic-argyle-apartment-high-rise-new-owner
With about 50 rental units, the building at Hall Street and Oak Lawn the Argyle is one of the oldest continually operating residential buildings in Dallas. Units in the Argyle range in size from 277-square-foot studio units to 2-bedroom apartments with more than 1,200 square feet.
Indio's Seth Bame said no major changes are planned for the building.
"We're going to clean up a little bit," Bame said. "We want to keep it eclectic as we got it."