The Turtle Creek development from Toronto-based Great Gulf Homes has been in the works for about two years now, so chances are, you’ve probably heard of it. Initially, the developer was planning to build a 22-story residential tower at 2505 Turtle Creek Blvd, but now, reports are also coming out about the homebuilder having also acquired 2401 Turtle Creek Blvd, which could eventually lead to a new luxury rental tower also being developed with 50 individual units.
In all, Great Gulf Homes is now investing approximately $275 million in the red hot Dallas real estate market if all goes according to plan, with possibly even more projects on the way down the road as construction finally gets underway for these first two.
As for what to expect from these exciting new projects, not many details have been fully released, or even decided on for that matter, but as noted from a recent Dallas Business Journal piece, Great Gulf is largely basing final finishes and features off buyer feedback which was received at an invitation-only cocktail party for the tower at Winspear Opera House.
Ideally, those behind the Turtle Creek projects would like to break ground before the end of the year, as construction could take about 2 years to complete. Dallas Business Journal also added that Great Gulf plans to heavily market the new condo tower at 2505 Turtle Creek Blvd in Uptown after Labor Day, so its likely even more details about the project will be released then.
Leave A Comment