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An iconic Uptown Dallas property may soon see a towering new addition.
Crescent Real Estate LLC has proposed building a 30-story apartment high-rise with roughly 215 units at the northern tip of The Crescent, according to public documents submitted to the Oak Lawn Committee for consideration during its April 2 meeting.
It appears the proposed Crescent Point Tower at Cedar Springs Road and Maple Avenue would take the place of a parking garage entrance, according to those documents. It would be across the street from 23Springs, an ongoing office development that has attracted several big-name tenants.
Crescent Point Tower would be 415 feet tall. The developer is asking to surpass the currently allowed maximum of 285 feet.
In addition to housing, the building would also include some restaurant and retail space, plus two new outdoor dining areas and a new landscaped parkway on Maple Avenue.
The design team includes Pelli — likely referring to Pelli Clarke & Partners — and OJB, according to the documents.
This comes a day after multiple outlets reported Crescent Real Estate would add a second office building to its Crescent Fort Worth mixed-use development.
The Crescent in Uptown spans more than 10 acres and encompasses 1.3 million square feet of hotel, retail, dining and office space. It's a hub for high-powered financial firms and high-end shops.
The development opened in 1986. Retail tenants include fashion boutique Stanley Korshak and The Capital Grille restaurant.
The tower would add to a continued construction bonanza in Uptown. Lincoln Property Co. earlier this week announced plans to develop a mixed-use project just north of The Crescent at 2500 Cedar Springs Road with about 400,000 to 500,000 square feet of office space, 250 luxury apartments, 200 hotel rooms or residences and 25,000 square feet of food and beverage space.
