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Dallas apartment projects break new ground near Fair Park

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Residents of Larkspur Capital’s new Willow Apartment project will be living with limits.

A 190-unit rental community on the edge of Dallas’ Deep Elm neighborhood is nearing completion. It is also at the edge of Exposition Park adjacent to Fair Park.

The Willow is the first of three apartment projects planned by Larkspur Capital in the transition zone between Deep Ellum and Fair Park.

The Willow Building on Commerce Street is a few blocks from the Fair Park entrance. Several old loft conversion buildings and townhouses are nearby.

Carl Anderson of Larkspur Capital said: “The goal is to be your own neighborhood, not just adjacent to Deep Ellum.

“I think it will be a nice residential area.”

Larkspur has been building Willow and partnering with other nearby development sites for the past two years.

Dallas architects Omniplan designed apartment buildings with a variety of brick and stone exteriors. “We didn’t need the stucco box anymore,” says Anderson. “Areas with historical and architectural context are misleadingly important.

“We try to resemble Deep Ellum fabrics,” he said. “We invest in top-notch architecture.”

Anderson said the building will have a coworking center and a pool deck overlooking downtown. “We have a permanent indoor and outdoor lounge bar on weekends,” he said.

Building rents start at $1,640 for a 618-square-foot studio unit.

Larkspur Capital’s planned Juniper Apartments will be built at I 30 Commerce Street near Fair Park.(Contributor/Corgan)

Larkspur Capital has already finalized plans for a second apartment block on Commerce Street.

The 234-unit Juniper Building is next to elevated Interstate 30 and is slated to break ground next year. Dallas architect Kogan is designing this project.

“It will be an eight-story building very similar to Willow,” says Anderson. “We have a bit of retail, and we are in talks with a few local coffee shops.”

Developers are turning an old railroad route next to a construction site into a linear green space. “We are creating parks and blowing them away with landscape and design,” he said.

Also, new lights brighten the area under the highway.

“We’re looking to modify and improve neighborhoods with a lot of significant mass in a small area,” said Anderson.

The developer has tied up another nearby apartment site closer to Fair Park on Haskell Avenue.

Anderson believes new residents will be drawn to this historic Dallas area.

Fair Park is about to get a boost with a nearly $300 million upgrade just approved by Dallas voters. More investment in the historic fairgrounds building may prompt other property developers to enter the surrounding properties.

“New players are discovering the area as year-round activity increases in Fair Park and Deep Ellum and it becomes more livable by the day,” said Beretta Forsyth, board member of the Fair Park First organization. Lill says. “Public and private investment in Fairpark will certainly accelerate this trend.

“The time for Fair Park is now.

Lill isn’t surprised that developers like Larkspur Capital have their sights set on an old commercial property block just west of Fair Park.

“Many of us have long believed in the natural connection between Deep Ellum and Fair Park, both culturally and physically. What I found was artists and creators.”

Larkspur Capital plans this rental community on Haskell Avenue near Fair Park in Dallas.
Larkspur Capital plans this rental community on Haskell Avenue near Fair Park in Dallas.(Contribution / Larkspur Capital )

Anderson also looks forward to further activity in the region.

“Definitely there are people on the prowl trying to buy land nearby,” he said. “Everybody is forever discouraged from going over I 30.

“But Fair Park has so much momentum.”

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