Development in Downtown Dallas continues with the revelation of a new highrise residential addtion atop an existing 13-story parking garage. Bisno Development will create Sky Lofts at 717 Leonard Street. The project plans for approximately 202 condominiums (161,460 square feet of residential space) within less than half a mile of the Westin City Center and the Arts District construction including One Arts Plaza. The developers are investing over $43 million in the project, which is slated for completion by 2010. 10% of the residential units will be set aside as affordable or else the developers may opt to transfer the obligation at a cost of $20,000 per set-aside unit.
The architect is Steven Ehrlich, based in California.