RXR Realty plans to demolish at least portions, if not most, of an 85,000-square-foot historic building at 2625 Elm St. to build an apartment tower, its first project in Texas. Constructed in 1924, the building originally held manufacturing facilities and later housed offices for Baylor Healthcare System. Most recently, it has been used as a charter school. The project is in the Deep Ellum neighborhood.
The Dallas Business Journal reports while plans are still being finalized, the project is likely to be a six- to seven-story building with about 300 units, parking and some ground-floor retail.
Construction could begin by the end of the year or early 2025.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.