A curvaceous new Uptown apartment high-rise is almost ready for its first tenants.
The 20-story One Uptown tower has been under construction on McKinney Avenue for more than two years.
The $85 million project includes 198 luxury rental units and 18,000 square feet of restaurant and retail. More than 20 percent of the high-rise is already rented.
“Our first residents move in on the 18th,” said Rick Cavenaugh, CEO of developer Stoneleigh Cos. “We’ve leased five more units this week.”
Stoneleigh Cos. and USA Infrastructure Investments are the developers. The tower was designed by Dallas architect Phil Shepard. Hunt Construction Group is the general contractor.
The smallest studio apartment, with about 540 square feet, goes for around $1,650 a month. A 1,980-square-foot penthouse will run you just under $10,000.
“A lot is going to happen in the next two or three weeks,” Cavenaugh said. “We are moving people in first on floors four to eight.”
The top floor of the tower has a swimming pool and tenants lounge with sweeping views of Uptown and the Dallas skyline.
On the second floor, there’s another swimming pool with a clear glass bottom over the drive-up entry on Routh Street. On the same floor, there’s a fitness center, guest rooms for visitors and a dog park.
Six levels of underground parking serve the apartments and retail.
“Fogo de Chão Brazilian Steakhouse opens on the 13th,” Cavenaugh said. “They are in there cooking and training.”
Circo restaurant will open on the McKinney corner of the building this spring.
Stoneleigh Cos. is rushing to finish the building’s public areas. Two large sculptures by artists Brad Oldham and Shane Pennington will be installed at the entry.
“April 20th, we are doing an unveiling of the sculptures,” Cavenaugh said.
As Stoneleigh finishes up the tower, it’s moving ahead with a new apartment community near Main Street in Frisco.
The developer also is about a week away from starting a transit-oriented apartment project in downtown Carrollton.