Gables Residential Breaks Ground on New McKinney Routh Mixed-Use Development
Dallas, Texas (PRWEB) October 29, 2013 -- Gables Residential has broken ground on its newest Dallas development located in the prominent Uptown district at the intersection of McKinney Avenue and Routh Street. Anchored by Whole Foods Market®, Gables Residential plans on opening the mixed-use community in early 2015. On approximately three acres, the community is located on McKinney Avenue, one block from The Crescent, two blocks from the Ritz Carlton and surrounded by restaurants and retailers. In addition, the community is a quarter mile from Downtown Dallas, Klyde Warren Park and the Arts District.
Sue Ansel, CEO of Gables stated, “Gables is pleased to begin construction on our exciting new development which is designed to complement the neighborhood. We believe our community, with the addition of the Whole Foods Market, will enhance the amenity offering in the Uptown area. We are excited Whole Foods Market chose Gables to showcase their next store within the Dallas city limits.”
The community will be comprised of 222 apartment homes and 17 townhomes totaling 239 residences. The eight story high-rise and three story townhome style apartments will feature Whole Foods Market as the sole retail tenant occupying 39,500 sf on the main floor of the building. The eight story concrete high-rise will offer top quality finishes and amenities along with garage parking incorporating separate garages for Whole Foods Market and residents. The design is a contemporary warehouse aesthetic to complement the townhome portion of the community, which is located in the State-Thomas Historic District. The three-story townhomes will have internal garages and are designed to be historically contextual brownstones in the Queen Anne Victorian architectural style.
The community design is focused on the pedestrian experience, including patio seating along McKinney Avenue, and the Whole Foods Market entry adjacent to the McKinney Avenue Trolley. The garage will provide easy access for Whole Foods Market’s customers to enter the store for ease of shopping. Gables will be adding historic markers for the State-Thomas Historic District, open space for neighbors to enjoy green space, brick crosswalks and other enhancements for the neighborhood. In addition, Gables donated $85,000 of mature trees to the nearby Griggs Park renovation.
Mark Dixon, Whole Foods Market Southwest Regional President, is excited about the Uptown location. “The vibrancy of the Arts District, parks, museums and the Trolley; combined with occupancy level of single & multi-use homes and high-rises; and the rich history and the bright future of Uptown, Downtown, Trinity Groves and the Trinity River project make this location ideal for the next Dallas area Whole Foods Market.”
Gables Residential is the developer and general contractor working with WDG Architecture Dallas, PLLC as the architect of record and Architexas as the historic architect for the townhome design. Studio Outside will be the landscape architect in conjunction with Kimley-Horn as the Civil Engineer and Jordan-Skala handling MEP. SJL Interiors was awarded the interior design.
About Gables Residential
Gables Residential is an award-winning, vertically integrated real estate company and privately held REIT specializing in the development, construction, ownership, acquisition, financing and management of multifamily and mixed-use communities. Gables manages approximately 35,000 apartment homes and 500,000 square feet of retail space in high growth markets throughout the United States, including Atlanta, Austin, Dallas, Houston, South Florida, Southern California and metropolitan Washington, D.C. The company has received national recognition for excellence in development, management, sales, marketing, training, benefits and corporate accommodations. These achievements reflect the impact of the company’s experienced and dedicated team members, superior knowledge of the markets served, and expertise in development and management.
About Whole Foods
Founded in 1980 in Austin, Texas, Whole Foods Market (wholefoodsmarket.com), is the
is the leading natural and organic food retailer. As America’s first national certified organic grocer, Whole Foods Market was named “America’s Healthiest Grocery Store” by Health magazine. The company's motto, “Whole Foods, Whole People, Whole Planet”™ captures its mission to ensure customer satisfaction and health, Team Member excellence and happiness, enhanced shareholder value, community support and environmental improvement. Thanks to the company’s more than 73,000 Team Members, Whole Foods Market has been ranked as one of the “100 Best Companies to Work For” in America by FORTUNE magazine for 15 consecutive years. In fiscal year 2012, the company had sales of $11.7 billion and currently has 362 stores in the United States, Canada and the United Kingdom.
Gigi Giannoni, Gables Residential, http://www.gables.com, +1 (404) 923-5569, [email protected]
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