A New Jersey developer that has major projects in the New York metro area plans to build a high-rise residential building in Dallas’ Design District.
Urby – a unit of Hoboken-based Ironstate Development Co. – is working on the luxury rental project on HiLine Drive near Turtle Creek Boulevard.
The two-tower development is right across the street from the new Virgin Hotel.
Urby recently bought the almost four acre vacant block which fronts on the Trinity Strand Trail.
The property is one of the last large vacant development sites in the Design District, which is seeing a wave of construction and new projects.
Nearby property owners expect Urby’s residential tower to reach almost 30 floors.
“I can tell you that phase one is 381 rental units,” Urby representative George Cahn said in an email. “Construction will start in March, 2020.”
The tower will take about 26 month to complete, he said.
Urby is know at home for its sleek modern designs, high-end amenities and affordable apartment rents. The company has new projects on Staten Island, in Jersey City and near Stamford, Conn.
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