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Multifamily

Mar 6, 2024

Hines & Munoz + Albin Reveal Plans for 497-Unit Apartment Tower in Dallas' Victory Park

In a move that signals Hines' entry into the Victory Park neighborhood, architecture firm Munoz + Albin revealed plans for an apartment tower, igniting anticipation.

Hines & Munoz + Albin Reveal Plans for 497-Unit Apartment Tower in Dallas' Victory Park
Traded Media
Traded Media

Traded Editorial

1 min read

In a move that signals Hines' entry into the Victory Park neighborhood, architecture firm Munoz + Albin revealed plans for an apartment tower, igniting anticipation.

Project Details and Approvals

An affiliate of Hines has filed plans to construct a 497-unit building and an eight-level parking garage at 2371 Victory Avenue. The Dallas City Plan Commission is set to approve the 28-story project, deviating from the initially reported 23 stories.

Site and Construction Timeline

Situated along Stemmons Freeway near the American Airlines Center, the development will replace a surface parking lot. Spanning 689 feet and over 128,000 square feet, construction is scheduled to commence in July, targeting completion by the end of 2026, with an estimated cost of $150 million.

Key Collaborators and Surrounding Developments

Notable collaborators include Munoz + Albin, House & Robertson Architects, TBG Partners, Pacheco Koch, and Ink + Oro. The site is near other Hines developments, including the One Victory Park office tower and Victor apartment tower. Additionally, it's close to ongoing projects by Goldman Sachs, KDC, and Pacific Elm Properties.

Hines' Presence in Dallas-Fort Worth

Despite its Houston roots, Hines is expanding into the Dallas-Fort Worth area, evident in its Maple Terrace project in Uptown Dallas. The firm also oversees significant developments in suburban areas like Wilmer and Lewisville.

#Texas#Multifamily
Published: Mar 6, 2024Last updated: March 7, 2024