Photo courtesy to Conor Commercial Real Estate.
A new multi-family project has been announced by Conor Commercial Real Estate, the five-story building with 327 apartments will feature unique amenities and is anticipated to debut in spring 2025, in East Dallas.
According the company news release, the increase in Dallas’ professional growth has led to a desire to live in neighborhoods adjacent to the Downtown area. Located at 4931 Live Oak Street, the property is in close proximity to Greenville Avenue, Henderson Avenue, and clear-cut access to Uptown, Downtown, and Deep Ellum.
“In recent years with all the new developments that’s happened on Ross and the growing demand of young professionals wanting to live there,” Jason Young Vice President at Conor said. “The time really became right for us to build a flagship property in a community and in a market that was ready for it.”
Young said they are very proud of the property as it promotes a unique opportunity for residents on Live Oak Street. This will be especially unique to the area as there is s not a development of this size. It will add to the neighborhood and get rid of the empty space he added.
The Flynn at Live Oak will offer a variety of modern studios, one-bedroom, and two-bedroom floorpans. Some featuring oversized balconies or ground-floor patios with pedestrian street access. This apartment offers a first-class amenity package, this includes co-working space, private offices, grab-n-go mini mart and a on-site dog park.
In comparison to other buildings in the market, Flynn at Live Oak provides a quality living experience with its additional features. Most of the amenities offered are not common amongst most apartments in the area, and if they do have it, it’s not to the size that they offer, he said.
“I think the quality of this building is going be among those tip two or three buildings in the market,” Young said. “We think it’s [the amenities] going to be a really, really nice benefit and convenience to the residents.”
Amenities
- co-working space
- private offices
- standing desks
- on-site dog park
- pool
- fitness center
- on-site parking garage
- grab-n-go mini market
- courtyards
Inside the apartments will be quartz countertops in the kitchen, laminate wood floors in the living room and kitchen, carpeted bedrooms and closets and tile in the bathrooms. Select units will have tubs or showers as well as oversized patios or balconies.
Photo courtesy to Conor Commercial Real Estate
The development design is by Merriman Anderson Architects and built by Cadence McShane Construction, which provides construction services to Texas specializing in the Dallas area.
Photo courtesy to Conor Real Estate.
The first apartments are expected to be delivered by Spring 2025 and will be managed by Greystar. The property is a joint venue investment between Conor Commercial Real Estate, Globe Corporation, and Origin Investments. The capital raise was assisted by JLL‘s Dallas Office, with a construction loan provided by Wintrust Bank.
