Construction Set for Downsized Dallas Tower

Construction Set for Downsized Dallas Tower
News| May 4, 2026| Mike Boyd
Texas + Apartment Buildings

Developers of Clover Tower first proposed a 30-story apartment complex in the Turtle Creek area, but have since pared it back by half. The Dallas Business Journal reports Validus Development is expected to begin construction this fall on a 15-story project containing 54 units.

The building cost is set at about $40 million. Clover Tower will have two floors of amenities, including a gym, pool deck and two floors of underground parking.

Construction is slated to begin in October or November. The estimated completion date is January 2029.

The Hood Street site is just north of the new Hanover Turtle Creek apartment tower and Vivante Turtle Creek.

Other News

Development Site Trades within Atlantic Avenue Mixed-Use Plan

New York & Tri-State + Apartment Buildings

Ariel Property Advisors closed the $21-million sale of a development site at 566 Grand Ave. and 836 Dean St. in Prospect Heights, Brooklyn. The corner development site comprises approximately 86,065 buildable square feet and traded for approximately $244 per buildable square foot. The transaction was arranged by Ariel partner Sean R. Kelly along with associate...

Learn more

Fourth Sale Closes in Anaheim Multifamily Portfolio

California & West + Apartment Buildings

Marcus & Millichap arranged the sale of Knott-Orange Apartments, a 35-unit multifamily property located at 515 S. Knott Ave. in Anaheim. The property sold for $9.65 million, or $275,714 per unit. “This transaction marked the fourth closing from a larger Anaheim-area multifamily portfolio as the seller continues to reposition its holdings through a 1031 exchange...

Learn more

JLL Arranges $135M Financing for Luxury Multifamily in Yonkers

New York & Tri-State + Apartment Buildings

JLL Capital Markets arranged $135 million in construction financing and joint venture equity for the development of The Ibex at Ridge Hill, a 282-unit luxury multifamily community at the Ridge Hill mixed-use lifestyle center in Yonkers. Senior managing directors Evan Pariser and Aaron Niedermayer and director John Lowe arranged the senior construction loan with Bank...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up