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Alamo Manhattan targets “left behind” Uptown site for apartments

Carlisle Street project would add 400 units across two high-rises in Dallas’ hottest neighborhood for development

<p>Alamo’s Matt Segrest with office building at 3400 Carlisle Street in Uptown Dallas (Getty, Alamo, Google Maps)</p>
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Key Points

AI Generated.
This summary is reviewed by TRD Staff.

  • Alamo Manhattan is planning to build two apartment towers with a total of 400 units at the corner of Lemmon Avenue and Carlisle Street.
  • The project involves rezoning a 1.5-acre site at 3400 Carlisle Street, currently occupied by a five-story office building.
  • Construction is expected to begin in early 2027 and take two to two and a half years.

A Dallas developer is teeing up a high-rise double play in Uptown.

Alamo Manhattan Companies is planning a pair of apartment towers totaling 400 units at the corner of Lemmon Avenue and Carlisle Street.

The firm recently filed a rezoning application for 3400 Carlisle Street, a 1.5-acre site occupied by a five-story office building, the Dallas Business Journal reported

The firm plans to start construction in early 2027, with construction expected to take two or two and a half years, its president Matt Segrest said.

Renderings show the project will include a tower of about 24 stories and one of 15 or 16 stories, with amenities such as a rooftop dog park, pool, lounge and fitness center. Minneapolis-based BKV Group is the project architect.

The development will also feature 7,500 square feet of retail, including two ground-level restaurant spaces, and a focus on pedestrian-friendly street design. Segrest said the team intends to preserve 32 mature trees and add significant landscaping to help soften what’s now a “concrete-heavy” pocket of Uptown.

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“It actually occupies the high ground in Uptown, and the hills slope away in each direction,” Segrest said. “For what Dallas and Uptown in particular are becoming, this site has been left behind.”

The neighborhood is becoming Dallas’ hottest office market and a hub of urban living. It joins a surge of projects targeting Uptown’s growing daytime and residential population, including Goldman Sachs’ $500 million office campus under construction just south of the neighborhood.

The office building on site is owned by Oklahoma-based Hall Capital, which acquired the property in 2017. Segrest said the project will include a prominent public art piece to anchor the corner, replacing a recognizable yellow sculpture by the building’s address sign currently on loan. It’s positioned just across from Gloria’s Latin Cuisine and within walking distance of West Village and a forthcoming Central Market grocery store. 

Alamo Manhattan has developed projects nearby, including Marriott Uptown, Monaco on the Trail and Fairmount Tower, and it said it has built over $1.2 billion in real estate across the U.S.

— Judah Duke 

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