DALLAS – A prime Uptown property has been sold to apartment developers at one of the highest prices yet for the area—close to $375 per sf.
San Antonio-based Kairoi Residential and Chicago-based investor RREEF bought the just-over-one acre on Maple Ave. across the street from the Crescent.
Kairoi, which formerly operated as Lynd Residential, is planning a high-rise apartment project on the site that would be built in partnership with RREEF.
The vacant half block was formerly the site of the Old Warsaw restaurant. The lot is one of the few vacant high-rise development sites available in Uptown.
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