Frisco Tallest High Rise Is Opening Its Doors With More Than 330 Luxury Apartments

Frisco Tallest High Rise Is Opening Its Doors With More Than 330 Luxury Apartments

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By Steve Brown

6:23 AM on Oct 3, 2019

Frisco's tallest building is about to open its doors.

The 25-story SkyHouse Frisco Station is easy to spot on the west side of the Dallas North Tollway near John Hickman Parkway.

Atlanta-based developer Novare Group broke ground for the project about 18 months ago and is rushing to finish the residential high-rise. It's part of the $1.8 billion Frisco Station mixed-use development.

"We have the first tenants scheduled to move in this week," said Todd Andersen, Novare Group senior vice president. "We are scrambling to get done."

The 332-unit apartment tower is being built in partnership with Batson-Cook Development and is Novare's third project in North Texas. The apartment developer built two other apartment high-rises in Dallas' Victory Park project.

"We are within two weeks of our original construction schedule, and we are slightly under budget — that's hard to do these days," Andersen said.

Balfour Beatty Construction is the general contractor.

The Frisco tower is Novare's 18th high-rise apartment project in the Southeast and Southwest.

"We think we have a niche that works," Andersen said. "But this Frisco project is a little bit different from other buildings we have done.

"Because of the corporate presence in Frisco, we wanted some bigger units," he said. "We have five floors of luxe units that are larger."

The top floor lounge in the SkyHouse Frisco Station.

1/4The top floor lounge in the SkyHouse Frisco Station.(Steve Brown)

The coworking and business center in the SkyHouse Frisco Station.

2/4The coworking and business center in the SkyHouse Frisco Station.(Steve Brown)

The lobby in the SkyHouse Frisco Station.

3/4The lobby in the SkyHouse Frisco Station.(Steve Brown)

An apartment kitchen in the SkyHouse Frisco Station.

4/4An apartment kitchen in the SkyHouse Frisco Station.(Steve Brown)

Those upper floor apartments average just over 1,000 square feet, compared with an average of about 800 square feet for a typical Novare high-rise apartment.

Rents in the building range from just under $1,400 for a studio unit to more than $4,000 for the largest three-bedroom, two-bath with more than 1,500 square feet.

The building has a coworking and business center on the ground floor. On the top level, there's a tenant lounge, a fitness center, a swimming pool and several outdoor terraces.

"In the old days, amenities in these buildings weren't used — now they are," Andersen said.

A 3,500-square-foot first floor space in the tower is also set aside for a restaurant or retail tenant. "We want a user that will be an amenity for our tenants," Andersen said.

Three other large apartment communities surround the SkyHouse Frisco Station, with more on the way. "We are getting a critical mass of residents here," Andersen said. "There is a lot of momentum in this area.

"We can provide a great housing option for people who work in the nearby offices."

SkyHouse Frisco Station is just north of the Dallas Cowboy's Star development. And it's within walking distance of the new hotels, planned retail and more residential units at Frisco Station.

That wasn't the case when the project started construction at the start of last year. "It was a little unnerving to see them still baling hay next door," Andersen said. "It's not as urban a location as we normally do.

"But this whole area is quickly developing."

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Phone: 214-425-3525
Dated: October 3rd 2019
Views: 811
About Josiah: Josiah is the founder of JFI Brokerage. He is a very driven individual with over 15 years’ experie...

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