Columbus Realty has begun construction on more than 500 apartments north of the Margaret Hunt Hill Bridge. According to county records, Columbus Realty purchased approximately five acres on Riverfront for the project.
The five-story apartment building is part of a larger development plan on the forty-acre property that includes retail, hotels, and office space totaling 4 million square feet on Riverfront Boulevard near Continental Avenue.
Columbus Realty CEO and founder Robert Shaw will head up the apartment project. Shaw selected the site due to its proximity to Trinity River Park and the trail system. GFF is the project designer, Shaw said in an email to The Dallas Morning News.
The builder is known for kicking off the apartment building boom in Dallas’ Uptown neighborhood in the 1990s.
He has long worked on real estate deals in North Texas with Dallas Cowboys Hall of Fame quarterback Roger Staubach. Shaw and Staubach partnered on the seventeen-story luxury residential property at The Star in Frisco. Jerry Jones also worked with Columbus on the Cowboys Stadium in Arlington.
In West Plano’s Legacy business park, Shaw has built thousands of apartments. He has also built rental communities in the Trinity Groves development on Singleton Boulevard across the Margaret Hunt Hill Bridge.
The entire riverfront property belongs to MissArk Real Estate, which includes a partnership with Houston businessman George Bishop, the founder and chief executive officer of GeoSouthern Energy.
City planners have been working for years to create a viable space on Riverfront Boulevard. The area stands to become a significant part of the Dallas landscape.
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