Dallas’ Lone Star Lofts a quick hit with tenants

DALLAS-FORT WORTH – The historic Lone Star Lofts in downtown Dallas have only been open a few months, and the apartment project is already mostly leased.

“We’re 72 percent occupied and 81 percent leased — almost done with construction,” said developer Ted Hamilton.

Built in 1924 and 1931, the landmark former utility buildings are located on Harwood St. near the Farmers Market.

Hamilton Partners and Central Dallas Development Corp. spent about $30 million converting the vacant office buildings into 123 apartments. The apartments average about 940 sf and start at near $1,000 a month.