- StreetLights Residential and Mitsui Fudosan America are launching a 365-unit Dallas luxury project.
- The 20-story tower will be situated near NorthPark Center, with completion set for 2029.
- The tower will offer amenities like a pool, gym, coworking lounge, and direct retail access.
- This marks the second Dallas collaboration between Mitsui Fudosan and StreetLights.
Development Details
StreetLights Residential and Mitsui Fudosan America have announced plans to break ground on a Dallas luxury project this month. The 20-story apartment tower will rise at Park Lane and US Route 75, across from NorthPark Center. The site is adjacent to The Shops at Park Lane, creating connectivity to major shopping amenities just 7 miles from downtown Dallas, reports Multi-Housing News.
Features and Amenities
The Dallas luxury project will introduce 365 apartments with layouts ranging from 505 to 1,707 square feet. Residents will have access to amenities like a swimming pool, gym, coworking lounge, and coffee bar. Similar to other high-end multifamily developments breaking ground across the country, the community’s design emphasizes natural light, with floor-to-ceiling windows and curated access to adjacent retail. The community’s design will maximize natural light with floor-to-ceiling windows, and will include direct access to nearby retail.
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Partnership Momentum
This project continues the partnership between Mitsui Fudosan America—a subsidiary of Japan’s largest real estate firm—and StreetLights Residential. Their previous Dallas luxury project, The Oliver, opened in 2025 with 351 units. Mitsui Fudosan America’s US portfolio now includes over 6,000 completed apartments and significant commercial space.
Multifamily Sector Activity
The Dallas multifamily market continues to expand, with 42,200 units delivered in 2025 and occupancy gaining 30 basis points to reach 93.1 percent. Despite rents dipping 2 percent year-over-year, developers remain active: in nearby Frisco, a $57M loan was secured for a 313-unit project set to complete in 2028.
