Fully Entitled Lot for Development. An exciting opportunity exists for investors and developers to build 20 units, new construction apartment condo flats in Deep Ellum. Deep Ellum is a very trendy location near downtown Dallas, TX. The building is 5 stories over parking and about 75 feet tall. An excellent investment for those looking to capitalize on the growing demand for upscale living in Dallas.
Approved plans and permits will convey with the sale and are available upon request.
OFFERED AT $1,749,000
20 TOTAL UNITS
40 BEDS
40 BATHS
27,325 AC SF
0.155 ACRES
THE JUNIPER
0.1 MILES E OF
190-Unit Multifamily Development | Recently completed with Featuring context-sensitive architecture, live-work units along Commerce, an amenity The project abuts the DART Green Line and the Santa Fe Trail. The project
JUNIPER OF SUBJECT SITE
with planned phase 2 development next door (The Willlow) amenity deck with views of Downtown Dallas, and abundant coworking space. project represents Larkspur’s second Qualified Opportunity Zone investment.
THE WILLOW
0.1 MILES NW OF
220-unit multifamily project with ground floor retail in Exposition Park | Site
Featuring stunning views of Downtown Dallas, a half-acre private park, and access
WILLOW OF SUBJECT SITE
cleared late 2023, Construction began Jan. 2024 for a mid-2026 delivery access to the Santa Fe Trail. The Juniper will be located across the street from The Willow.
DEEP ELLUM BREWERY MIDRISE
0.6 MILES SW OF SUBJECT SITE
192-Unit DevelopmentConstruction commenced with plans to deliver initial units mid-2024.
ABOUT DEEP ELLUM
As one of Dallas’ first commercial districts for African-Americans and European immigrants, Deep Ellum is one of the most historically and culturally significant neighborhoods in the city. Deep Ellum was established in 1873 as both a residential and commercial neighborhood. Originally called Deep Elm as much of the activity centered around Elm Street just east of downtown Dallas, the pronunciation “Deep Ellum” by early residents gave rise to the district’s current name.
Deep Ellum is home to a community of over 400 businesses. Since its founding in 1873, Deep Ellum has been associated with an ever eclectic range of commercial interests. From the theaters, gambling halls, and pawn shops of the 1920s to the punk rock venues and industrial warehouses of the 1980s to the bars, restaurants, shops, galleries, and creative offices of today, Deep Ellum has continually fostered an atmosphere of entrepreneurship. The district is home to independent businesses, mom-and-pop shops, and start-ups as well as regionally and nationally recognized brands. Together, they form a symbiotic ecosystem with architects and design shops inspired by local artists, restaurants collaborating with music venues and craft breweries, and technology firms from Mark Cuban’s first business, Broadcast.com, to Uber have been drawn to make the district home.
