Apartments Cater to Luxury Living
[pullquote-left]Lang Partners to develop on Lovers Lane[/pullquote-left]Another luxury apartment project is coming to the Park Cities, but this one is a little unique in terms of location and design.
Lang Partners is developing 52 units just west of Highland Park High School, on two lots stretching from Lovers Lane to Grassmere Street.
The three-acre complex includes multi-level apartments with surface garage parking, bisected by a pair of alleys. The two lots are on either side of Hyer Street.
It will replace the former Park Lane Apartments, with the Corrigan family retaining ownership of the land and leasing it long-term to Lang after the two parties reached an agreement to redevelop the property.
“It’s been under-utilized for a long time. It’s a very old property that really needed to be updated,” said Lang Partners president Dirik Oudt. “The Park Cities is sorely lacking for quality rentals.”
The units will have more of a townhome appearance, with three stories at an average of about 2,200 square feet, thereby reducing the density by about 40 percent from the Park Lane complex. The developer also plans to widen the existing alleys and preserve several older trees on the site.
The University Park City Council approved the site plan in April.
With the previous apartments already razed, construction should start this spring.
