A new multifamily project has been announced by Conner Commercial Real Estate, a five-story building with 327 apartments and unique amenities scheduled to debut in East Dallas in spring 2025.
Dallas' increased professional growth has created a desire to live in neighborhoods adjacent to the downtown area, according to a company news release. Located at 4931 Live Oak Street, this property is close to Greenville Avenue and Henderson Avenue, providing easy access to Uptown, Downtown, and Deep His Elm.
“Los Angeles has seen new development in recent years, increasing the demand for young professionals who want to live here,” said Conner Vice President Jason Young. “The time is right to build a flagship property in a community and a market that is ready for it.”
Mr. Young said he is extremely proud of the property, which facilitates unique opportunities for Live Oak Street residents. This will be particularly unique to this area as there has not been development on this scale. It will add to the neighborhood and remove the empty space he added.
Flynn at Live Oak offers a variety of modern studio, one- and two-bedroom floorpans. Some rooms have a large balcony or ground floor patio with access to the pedestrian street. This apartment includes a top-notch amenity package including co-working space, private office, grab-and-go mini-mart, and on-site dog park.
Compared to other buildings on the market, Flynn at Live Oak offers a quality living experience with additional features. Most of the amenities offered aren't common to most apartments in the area, he said, and even if they are, they aren't as spacious as they are.
“I think the quality of this building is going to be one of the top two or three buildings on the market,” Young said. “We think so [the amenities] It's going to be a really great benefit and convenience for residents. ”
Amenities
- coworking space
- private office
- standing desk
- Dog run on site
- pool
- fitness center
- On-site parking
- takeaway mini market
- courtyard
Apartments feature quartz countertops in the kitchen, laminate wood floors in the living room and kitchen, carpeted bedrooms and closets, and tile in the bathroom. Some units have a bath or shower and a large patio or balcony.
The development was designed by Merriman Anderson Architects and constructed by Cadence McShane Construction, which specializes in the Dallas area and provides construction services to Texas.
The first apartments are expected to be delivered by spring 2025 and will be managed by Greystar. The property is a joint venue investment by Conor Commercial Real Estate, Globe Corporation and Origin Investments. This financing was supported by JLL's Dallas office with construction financing provided by Wintrust Bank.