Dallas: 102-unit Aura on McKinney coming to Fitzhugh Ave.

DALLAS – Trinsic Residential Group has completed its purchase of a key development site near Highland Park. The company purchased the former Hope Cottage building and parking lot at McKinney Ave. and Fitzhugh Ave.

The developer plans to build a six-story, 192-unit luxury rental community on the 1.7-acre site, which is just west of North Central Expressway.

Hope Cottage, Dallas’ oldest non-profit organization, sold the two-story commercial building and is relocating to a new office and family services building at the corner of Texas St. and Florence St., near downtown.