$100 million luxury tower in the works for Legacy West
Dallas-based developer Palladium USA is readying to begin construction next year on a ultra-luxury, 30-story apartment tower expected to cost more than $100 million within the Legacy West development.
The $2 billion Legacy West mixed-use development will house Toyota North America's new headquarters and Liberty Mutual's new regional insurance hub with more than 10,000 jobs already committed to the West Plano project.
"This will exceed anything built in the area," Tom Huth, president and CEO of Palladium USA, told the Dallas Business Journal. "There's 15,000 jobs going to the $2 billion Legacy West development by Fehmi Karahan. He was extremely hard on us, as far as the design goes, and was very demanding, but we said this was where we needed to be."
The 30-story, 312-unit apartment tower will sit on the north side of Legacy West at the future Columbus Avenue and Windrose Avenue and is part of the development's second phase. The apartments will have high-end finishes in homes ranging from 616 square feet to more than 6,000 square feet.
Plans include bringing a pool deck on the ninth floor of the tower with a spa, as well as a dry sauna and wet sauna for residents. Other amenities include conference rooms, dog wash and bike wash areas, a 27th-floor viewing area with an outdoor kitchen and fireplaces and a fully operational bar on the ground level.
The tower will have an above ground parking garages with about 500 parking spaces.
Dallas-based Humphreys & Partners Urban Architecture LP is the project architect. Huth said the development firm has yet to hire a general contractor.
The developer expects to begin construction in summer 2016, with completion expected in summer 2018.
Earlier this week, Liberty Mutual Insurance officially started its massive $325 million regional hub at Legacy West. Toyota North America's new headquarters is also underway — and on schedule — within the $2 billion development.