Dallas Greenlights $200M Oak Lawn Residential Tower

The Dallas City Council allowed a developer to proceed with a 16-story residential tower in Oak Lawn. The council eased a height restriction, allowing the developer, M&A Development, to move forward with its 230-unit project. The Dallas Business Journal reports that construction on the luxury apartment community at 4211 Newton Ave. is set to begin in a year and wrap up in 2029.

The high-rise will replace a 33-unit condo community built in the ‘60s. Rooms will average 1,100 square feet, with one- and two-bedroom units.

The developer plans to reserve 5% of available units for households making 81% to 100% of the area median family income level.

The complex, which will include below-grade parking for residents and visitors and a rooftop pool, is steps away from luxury fitness club Equinox and near Al Biernat’s restaurant on Oak Lawn Avenue.