DALLAS, April 5, 2017 /PRNewswire/ -- LMC, a leader in apartment development and operations, today announced the topping out of The 23, a mixed-use development located in the heart of the emerging Victory Park neighborhood.
The amenity-driven community will feature 23 residential floors, 285 apartment homes, 20,000 square feet of ground-floor retail and Cinépolis Luxury Cinemas–Victory Park, an eight-screen, 700-seat luxury movie theater. Preleasing of apartment homes is set to begin in May with first move-ins anticipated for August. Restaurants, retail and the cinema are slated to open in December.
"We're excited to reach this milestone, as it means we're inching closer to our goal of officially adding much needed luxury housing to the fantastic Victory Park neighborhood," said John Allums, Texas divisional president of LMC. "The area's newfound vibrancy has created buzz throughout the Dallas market, and we believe it's perfect timing to add an amenity-rich community that will deliver a first-class experience for our residents."
Future residents of the community, located at 2370 Victory Avenue, will enjoy sweeping views of the Margaret Hunt Hill Bridge, Reunion Tower, American Airlines Center and Downtown Dallas. The community will cater to urban apartment-home dwellers who crave an unprecedented live-work-play environment, top-of-market amenities and neighborhood conveniences.
The 23 will consist of studio, 1- and 2-bedroom apartment homes. Penthouse suites will also be available and will be located on the top two levels. Community amenities, located on the eighth floor, will include a club-quality fitness center, resort-inspired swimming pool, 8,000-square-foot sun deck, full-scale catering kitchen, dining room, Wi-Fi-enabled lounge areas and private workspaces. The community will also offer residents Lutron Dream Suite packages in the penthouse homes, allowing for easy home automation via any smartphone.
Apartment interiors will feature hardwood flooring, quartz countertops, stainless steel GE Profile appliances, glass tile backsplashes, front-loading washers and dryers, custom lighting, Elfa shelving, Moen fixtures and keyless entry. Select homes will include wine refrigerators, digital shower controls, built-in desk areas and oversized balconies.
LMC, a wholly owned subsidiary of Lennar (NYSE: LEN), is a multifamily real estate development and operating company with a diverse portfolio of institutional quality multifamily rental communities across the US. LMC has a 23,000 unit pipeline of communities ranging from operating to under development that exceeds $7 billion and consists of high-rise, mid-rise and garden apartments.
LMC creates extraordinary communities where people can live remarkably.
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