DALLAS-Compatriot Capital Inc., the real estate operating and investment subsidiary of Sammons Enterprises, together with JLB Partners, has begun construction on a luxury, class A apartment high-rise in Uptown. Situated on the Katy Trail, the 18-story, 299-unit, tower will feature sweeping views of the Dallas skyline.

“This project fits perfectly into JLB's and Compatriot's strategy of building a portfolio of the highest quality assets to be held for the long-term,” said Paul Rowsey, president and CEO of Compatriot Capital.

The project will be located on 2.31 acres at 2728 Cedar Springs. Design elements include a classical architectural style with an integrated brick façade to complement the surrounding neighborhood. The high-rise will include three levels of parking below the building.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.