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Kaizen Development Receives $128M Loan for Link at Uptown
Kaizen Development Partners secured $128.3 million in construction financing to build The Link at Uptown, a 300,000-square-foot office tower at 2601 Olive St. in Dallas’ Uptown market. De’on T. Collins with JLL helped the sponsor secure the five-year, floating rate construction loan through Broad Street Real Estate Credit Partners III. The investment fund is managed by Goldman Sachs’ Merchant Banking Division.
The speculative Link at Uptown is being built on one of the last quality development sites in Uptown Dallas. The 25-story property will offer walkability to many housing options, retail amenities, restaurants and entertainment venues. The property, itself, will also provide two ground-floor restaurants, overnight executive suites and an amenity floor, with an outdoor terrace.
The building is scheduled for a fall 2021 completion.
For comments, questions or concerns, please contact Amy Sorter
- ◦Financing
- ◦Development