The Atelier Tower – a 41-story mixed-use luxury high-rise will begin breaking down on the vacant blocks in the Art District at Flora and Pearl Street. The project will consist of 364 luxury apartments, 15,000 square feet of storefront retail space, and a parking garage to become the tallest residential building in Dallas. The Flora Lofts – providing more than 50 artists’ lofts – will come later. “It’s a very important development to really round out the Arts District,” said Kourtney Garrett, CEO of the economic development group Downtown Dallas Inc. “The next evolution for the district is to add more residential, retail and street level experiences.”
The Atelier Tower is expected to open in 2020. Developer Craig Hall is building a $250 million, 25-story building on Flora Street that will have about 44 condo units. Hall’s Arts District project will also have a luxury hotel. And Chicago-based developer AMLI Residential is constructing a 45-story apartment tower next door to downtown’s landmark Fountain Place skyscraper on Field Street.