
919 Milam
919 Milam St, Houston, TX, 77002-5338, US
50 439 m²
JLL, as your trusted advisor, is pleased to present a unique investment opportunity at 2727 Turtle Creek Blvd, Cedar Springs Rd, Dallas – a prime 5.5-acre development site with breathtaking proximity to the iconic Katy Trail.
This compelling value-add investment offers three parcels, fully entitled for multifamily, office, hotel, or senior living developments. Parcels A and C permit an impressive maximum building height of 299 feet, while Parcel B allows 279 feet. The strategic zoning framework includes an FAR of 4.5:1 and, under SB-840, no limitation for multifamily projects, inviting visionary concepts to transform this vibrant neighborhood.
Positioned in the heart of Uptown Dallas, this site enjoys unrivaled accessibility to major employment centers with 184,000 professionals within a 2-mile radius and connectivity to robust public transport and infrastructure networks. This area’s affluent demographic – featuring a population boasting an average household income of $150,067 and a youthful average age of 33 years – is a testament to its desirability.
Seize this opportunity to capitalize on Dallas’s flourishing market. With continuous growth in luxury multifamily and Class A office spaces, coupled with strong demand for upscale amenities, the area promises stable cash flows and a significant appreciation potential. These parcels are available both together and individually, offering flexibility for joint ventures or other partnerships to catalyze value creation in one of America’s most dynamic urban landscapes.