The first phase of De La Vega Development’s massive mixed-use project in Dallas is now underway.
StreetLights Residential has just begun construction on a 351-unit apartment tower in the 27-acre The Central development, according to The Dallas Morning News. StreetLights has recently moved back into the Dallas market with a 234,000-square-foot, 56-unit high-rise project in the works as well.
This is the first of many projects underway for the progression of this $2.5 billion development, announced back in March of this year.
The Central is one of the largest mixed-use projects in the city of Dallas, which has no shortage of other developments in the pipeline. According to the publication, De La Vega is planning to bring over 4 million square feet of office, residential, and retail space, as well as a large central park to the project.
Commercial property firm Jones Lang LaSalle is currently on the hunt for tenants to occupy the office building, and the apartment tower is slated to open in 2025.
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— James Bell