posted on June 11, 2010 00:48
Cooper & Stebbins, the development company behind Southlake Town Square, is adding another residential component to the project. Called Block 3, it will include up to 77 residences in two buildings at the southeast corner of State Street and Federal Way in Southlake Town Square.
Frank Bliss, president of Cooper & Stebbins, said in a statement that there's a demand for housing in a mixed-use environment. He also said residents would "provide a constant source of energy, engagement and positive financial impact to its retailers, restaurants and other commercial establishments,"
Block 3 will follow the Brownstone residential development located on the Square’s east side. “All of the initial and subsequent Brownstones constructed have sold, further cementing the need and desire for additional downtown living options,” Bliss said.
The average price for a Block 3 residence is projected to be about $400,000. They will be a mix of three- and four-story buildings, with fourth-floor penthouses.
June 7th, 2010 | Dallas Business Journal