DALLAS-Greystar is ready to move forward with development of a 424-unit, luxury apartment community called Elan City Lights, at the City Lights property just east of downtown.
Greystar recently bought the 4-acre vacant tract at Live Oak Street and Good-Latimer Expressway, and has broken ground on the long-dormant site, says the Dallas Morning News.
The South Carolina-based property manager bought the parcel out of bankruptcy, and hopes to have apartment units ready for occupancy by late next year.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
