Their project quietly waltzed through the City Plan Commission in late June as a preliminary plat application that was prepared by Brown & Gay Engineers Inc. and approved by the commission without discussion.
According to state architectural project records, this involves new construction of a multifamily structure that will contain 336 units, a garage, club room for tenants, and a gym. The estimated cost is $34 million.
HLR Architects, the designer, estimated the project could be complete by May 2019.
Stillwater did not respond to a request for comment. The company has been busy marketing its latest completed development; The Ellison is a multifamily community on three acres that opened earlier this year in Northeast Dallas. Stillwater has also been active in Austin and San Antonio.
The Deep Ellum project is on a 4.8-acre tract, an entire block bounded by South Hall Street, Jeffries Street, Chestnut Street and Interstate 30 East. The new plat divides the block into two lots.
Stillwater named this project Deep Ellum Hall and the developer put the property ownership under a separate entity—Deep Ellum Hall LLC.
This isn’t exactly a happening location. Even though it is in a district that is experiencing gentrification at a fast pace, the immediate surroundings are typical of the old Deep Ellum, known for its aged one-story brick warehouses.
Future tenants will also be directly across Chestnut Street from the Dallas Police Department’s Central Patrol Division, and that isn’t going away anytime soon.
The preliminary plat notes that there is a one-story stucco building on site that will have to be demolished. That is already in progress. On July 31, Dallas Demolition obtained a demolition permit to remove what it described as a 114,110-square-foot office showroom/warehouse, according to city records.
The heart of Deep Ellum’s popular nightlife scene is several blocks north of the Stillwater site and until recently the new residential projects had been sprouting up within the eastern half of the district. In November 2015, Westdale Properties and StreetLights Residential redefined the western limits of high-end development when they broke ground on The Case Building, a 17-story luxury residential tower at Hall and Main streets. The Case Building is to be completed this summer.
There is a third apartment development in progress that is near Hall Street and much closer to the Stillwater project. 42 Real Estate owns a 1.2-acre block of one-story brick commercial buildings that front Canton Street. It is also bounded by South Walton Street, South Malcom X Boulevard, and Virgil Street (really just an alley).
Last summer, Crescent Communities approached 42 Real Estate about doing a multifamily project. At the time, 42 Real Estate had not agreed on a project and in media reports indicated they had been reluctant to work with apartment developers because they felt the timing wasn’t right.
Apparently, that sentiment has since changed. Just as quietly as the Stillwater project, 42 Real Estate walked through a preliminary plat in May titled Crescent Deep Ellum. The listed owners on that application were 42 Deep Ellum LP, and Crescent Acquisitions LLC/42 De Canton LP. No other details were available.