$100M Luxury Apartment Complex Slated Near Highland Park
Cover2 Capital is building a 20-story, $100 million apartment tower close to the border of Highland Park. Dubbed The Savannah, the development will include a rooftop pool and only 100 units. Units are expected to average 1,800 square feet and the Dallas Business Journal reports rents will be on the high end of the scale. The Savannah will have a mix of one-, two- and three-bedroom units, including three penthouse apartments.
Construction of The Savannah is scheduled to begin in late 2027 and will take about 30 months to complete.
Cover2 Capital targets multifamily and mixed-use development opportunities across Dallas-Fort Worth, focusing on sites supported by strong demographics, durable demand drivers and long-term neighborhood value creation, according to its website. The firm has developed more than 11,000 multifamily units and overseen roughly $2 billion in development value.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout