Dallas Design District tower hits the market

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Design District apartment tower is latest D-FW rental property up for grabs.

Commercial property firm Jones Lang LaSalle is marketing the tower to investors. It’s one of the largest residential high-rises listed for sale in North Texas.

“This unique offering allows a potential buyer to invest in a high-rise value-add opportunity at a significant discount to replacement cost,” according to JLL’s marketing pitch. The Amli Design District includes ground-floor retail and a sixth-floor amenity deck with swimming pool, grass courtyard and fitness center.The Design District tower is one of two downtown Dallas-area apartment high-rises being marked by JLL.

apartment tower in Victory Park is also on the market. Built in 2008, the 252-unit building has been owned by a New York-based real estate investor since 2016. Dallas-Fort Worth leads the country in apartment investment with more than $2 billion in sales, according to

 

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