Uptown’s newest high-rise is almost ready for first residents
Dallas News | Steve Brown | January 8, 2017
A curvaceous new Uptown apartment high-rise is almost ready for its first tenants.
The 20-story One Uptown tower has been under construction on McKinney Avenue for more than two years.
The $85 million project includes 198 luxury rental units and 18,000 square feet of restaurant and retail.
“Our first residents move in on the 18th,” said Rick Cavenaugh, CEO of developer Stoneleigh Cos. “We’ve leased five more units this week.”
More than 20 percent of the high-rise is already rented.
Stoneleigh Cos. and USA Infrastructure Investments are the developers. The tower designed by Dallas architect Phil Shepard.
The smallest studio apartment with about 540 square feet goes for around $1,650 a month.
A 1,980 square-foot penthouse will run you just under $10,000.
“A lot is going to happen in the next two or three weeks,” Cavenaugh said. “We are moving people in first on floors four to eight.”
The top floor of the tower has a swimming pool and tenants lounge with sweeping views of Uptown and the Dallas skyline.
On the second floor there’s another swimming pool with a clear glass bottom over the drive-up entry on Routh Street.
Also on the second floor there’s a fitness center, guest rooms victors and a dog park.
Six levels of underground parking serve the apartments and retail.
“Fogo De Chão Brazilian Steakhouse opens on the 13th,” Cavenaugh said. “They are in there cooking and training.”
Circo restaurant will open on the McKinney corner of the building this spring.
Stoneleigh Cos. is rushing to finish the public areas in the building.
Two large sculptures by artists Brad Oldham and Shane Pennington will be installed at the entry.
“April 20th we are doing an unveiling of the sculpture,” Cavenaugh said.
As Stoneleigh finishes up the Uptown tower, it’s moving ahead with a new apartment community near Main Street in Frisco.
And the developer is about a week away from starting a transit oriented apartment project in downtown Carrollton.