Uptown acre sells for $375 per sfUptown acre sells for $375 per sfhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=215612018-12-07T06:00:00Z2018-12-08T00:20:00Z

​​​​​​​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.

Dallas Morning News
Dallas-Fort Worth-Arlington
https://www.dallasnews.com/business/real-estate/2018/12/03/uptown-dallas-building-site-sells-new-tower-next-door-crescentRead more at the {Source}

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