Downtown Dallas’ Newest Luxury Apartment Buildings in February 2025

Looking for luxury living in Downtown Dallas? Here’s what you need to know.

Dallas is booming with upscale apartment options, with five standout properties leading the way in February 2025. From historic charm to cutting-edge amenities, these developments cater to diverse lifestyles and budgets:

  • The Margaret on Riverfront: Affordable luxury starting at $1,433/month with rooftop pools and smart home tech.
  • The Sinclair Residences: High-end Arts District living with rents up to $14,730/month.
  • Peridot: Wellness-focused design with meditation studios and a pickleball court.
  • The Willow: Live/work spaces in Deep Ellum starting at $1,410/month.
  • Maple Terrace: Historic Uptown charm with spacious units up to 2,879 sq ft.

Each property offers unique features like EV charging stations, skyline views, and proximity to Dallas’ cultural hubs. Whether you’re budget-conscious or seeking premium living, Downtown Dallas has something for everyone.


Quick Comparison

Property Starting Rent Key Features Location
The Margaret on Riverfront $1,433 Rooftop pool, smart home tech Design District
The Sinclair Residences $2,005 Arts District location, concierge services Arts District
Peridot $2,123 Wellness amenities, meditation spaces Downtown Core
The Willow $1,410 Live/work spaces, rooftop deck Deep Ellum
Maple Terrace $2,535 Historic charm, LEED-certified Uptown Dallas

Tip: New developments often offer move-in perks like free rent for early leases. Explore your options and find the perfect fit for your lifestyle.

1. Overview of The Margaret on Riverfront

Located at 196 Margaret Ave in Dallas’ Design District, The Margaret on Riverfront is one of the most talked-about luxury residential projects in downtown Dallas. It combines easy access to the city center with stunning views of the Trinity River [6].

This development reflects the growing trend of upscale urban living in Downtown Dallas. The Margaret offers studio, one-bedroom, and two-bedroom apartments, all featuring premium finishes like quartz countertops, stainless steel appliances, and hardwood floors [1].

Key highlights of The Margaret include:

  • 6th-floor sky lounge with breathtaking Dallas skyline views
  • Resort-style pool and a cutting-edge fitness center
  • Modern features like electric car charging stations and controlled access
  • On-site professional property management

For those who value a central location, The Margaret is close to the Katy Trail and the American Airlines Center, making it ideal for exploring Dallas’ cultural and entertainment options [6]. Residents also benefit from controlled access and 24/7 maintenance for added convenience and peace of mind [1].

With its prime spot and well-thought-out amenities, The Margaret raises the bar for luxury living in the Design District.

2. Overview of The Sinclair Residences

The Sinclair Residences is a $300M transformation of the former Energy Plaza in the Arts District, combining upscale apartments with 450,000 square feet of office space. Designed by HKS and renovated by Brasfield & Gorrie, this 27-story property offers 239 units with monthly rents ranging from $2,005 to $14,730. Its location puts residents just steps away from some of Dallas’ top cultural attractions, like the Dallas Museum of Art and Winspear Opera House [4] [5].

The Sinclair offers a variety of living spaces, from cozy studios to spacious three-bedroom apartments, all featuring modern designs and high-end finishes. This makes it an appealing choice for those seeking both style and comfort in the heart of the city [5].

Residents also benefit from a range of amenities designed to elevate their daily living experience, including:

  • A cutting-edge fitness center
  • Concierge services
  • Valet and secure resident parking
  • Smart features like package lockers and EV charging stations
  • High-speed internet
  • 24-hour controlled access

What makes The Sinclair stand out is its position as one of Downtown Dallas’ most ambitious office-to-residential projects. Unlike The Margaret on Riverfront, which highlights river views and outdoor amenities, The Sinclair focuses on its central location in the Arts District and offers larger unit options [4]. Its placement within the Dallas Independent attendance zone further appeals to urban professionals looking for a mix of culture and convenience [5].

As one of Downtown Dallas’ leading mixed-use conversions, The Sinclair sets a benchmark for luxury living, competing with other high-profile developments like Peridot.

3. Overview of Peridot

Peridot, located at 1601 Elm St, stands out with its wellness-focused design, offering a unique blend of comfort and convenience in the heart of downtown Dallas. This property reflects the city’s growing trend toward lifestyle-centered developments.

The apartments feature modern layouts with high-end touches, including Kitchen Aid appliances, USB outlets, and advanced home automation. Floor plans range from 607 to 1,557 square feet, with one- and two-bedroom options priced between $2,123 and $4,486.

Some of Peridot’s key amenities include:

  • A private outdoor pool with stunning city views
  • A fitness center complete with a sauna
  • A pickleball court
  • Meditation studios and private offices
  • A fully equipped dog park
  • An on-site restaurant and wine bar

Its prime location near Thanksgiving Square and the Dallas Pedestrian Network Tunnel system makes it ideal for urban professionals. Residents are within walking distance of popular spots like the Dallas Farmers Market, Neiman Marcus, and other downtown attractions.

Unlike The Sinclair, which highlights its proximity to the arts district and mixed-use offerings, Peridot focuses on promoting a balanced lifestyle with features like meditation spaces and private offices. Security is also a priority, with 24/7 building security and controlled access, ensuring peace of mind for residents.

While Peridot emphasizes wellness and urban accessibility, The Willow appeals to professionals seeking live/work spaces tailored to their needs.

4. Overview of The Willow

The Willow, located at 3900 Commerce Street, is an 8-story luxury apartment complex designed by Omniplan architects and developed by Larkspur Capital. Its design pays homage to Deep Ellum’s rich history and architecture, offering 190 thoughtfully crafted units that highlight Downtown Dallas’ shift toward high-end, amenity-packed living spaces [2].

The apartments range in size from 618 to 1,793 square feet, with rental prices starting at $1,410 for studios and reaching $3,475 for two-bedroom layouts [3]. Each unit features spacious 10-foot ceilings, walk-in closets, and premium finishes throughout [2].

Amenities include:

  • A rooftop deck with a pool, outdoor kitchens, and stunning downtown views
  • Fiber-enabled co-working spaces and a fitness center
  • Electric vehicle charging stations
  • A dog wash station
  • 24/7 controlled access and professional management by ZRS LLC

The building is pet-friendly, allowing up to two pets per unit with a $25 monthly fee [3]. Nestled between Fair Park and Deep Ellum, The Willow offers convenient access to entertainment, dining, and the heart of Dallas’ business district, making it an appealing choice for professionals seeking a balanced lifestyle [2].

Blending modern elegance with historic charm, The Willow is designed for those looking for a vibrant yet polished urban living experience. It also aligns with the vision of other developments like Maple Terrace, further shaping the future of Dallas living.

5. Overview of Maple Terrace

Maple Terrace blends historic charm with modern luxury, offering a standout living experience in Uptown Dallas. This 22-story residential tower, completed in 2024, reimagines its 1925 origins into 345 sleek, contemporary apartment units. The building was designed by GFF, with interiors crafted by Rottet Studio.

The residences range from 601-square-foot studios to spacious three-bedroom apartments of up to 2,879 square feet. Here’s a snapshot of the unit options and pricing:

Unit Type Size (sq ft) Starting Price
Studio 601 $2,535
1 Bedroom 906-959 $3,540
2 Bedroom 1,412-1,828 $4,681
3 Bedroom 2,341-2,879 $17,905

Residents enjoy a range of standout amenities, including:

  • A pool terrace offering sweeping skyline views
  • A golf simulator room
  • A cutting-edge fitness center with a sunset terrace
  • On-site premium dining, highlighted by the CATCH restaurant

The property is designed to meet LEED Silver and WELL Silver 2019 certifications, reflecting its focus on eco-conscious and high-standard living. With current occupancy at 10%, Maple Terrace is offering new residents up to six weeks of free rent for January 2025 move-ins. Pets are welcome, with a simplified fee structure.

Beyond its residential offerings, Maple Terrace integrates office spaces and street-level dining, creating a vibrant urban community. Its Uptown Dallas location ensures easy access to the city’s business hubs and entertainment venues.

This development showcases how Downtown Dallas merges historic preservation with modern luxury, setting a benchmark for future projects in the area.

Strengths and Weaknesses of Each Apartment

Property Key Strengths Notable Limitations
The Margaret on Riverfront • Located in the heart of the Design District
• Pricing ranges from $1,433 to $2,800
• 6th floor sky lounge with city views
• Smart home technology
• Rooftop pool
• Limited variety in unit sizes
• Newer property, still building its community
• Situated in a high-traffic area
The Sinclair Residences • Prime Arts District location
• Charging stations for electric vehicles
• Upscale finishes
• Concierge services
• 293 luxury units
• Higher pricing ($2,005-$14,730)
• Converted from office space
Parking availability is limited
Maple Terrace • Combines historic charm with modern features
• LEED Silver-certified
• Golf simulator available
• On-site CATCH restaurant
• Floor plans range from 601 to 2,879 sq ft
• Higher price range
• Currently only 10% occupied
• Community still in development

These properties highlight Downtown Dallas’ transformation into a hotspot for upscale urban living.

The Margaret stands out for its modern design, Design District location, and a blend of luxury and affordability, making it appealing to young professionals who value both style and cost-effectiveness.

The Sinclair offers a premium Arts District address, a wide range of luxury amenities, and reflects the growing trend of converting office spaces into residences [4]. However, this level of luxury comes with a steep price.

Maple Terrace combines timeless architecture with modern amenities, including sustainability certifications like LEED Silver and WELL Silver 2019. Its spacious floor plans and unique charm are attractive, but the low occupancy rate signals a property still finding its footing.

When deciding on a property, renters should weigh factors like:

  • Preferred location
  • Budget considerations
  • Desired amenities
  • Space requirements

Final Thoughts and Recommendations

The luxury apartment scene in Downtown Dallas offers a variety of options designed to suit different lifestyles and priorities. Based on our research, here are some tailored suggestions for renters:

For Young Professionals on a Budget: The Margaret on Riverfront strikes a great balance between upscale living and affordability. With rents starting at $1,433, this property in the Design District features modern perks like a rooftop pool and smart home technology, making it a top choice for professionals looking for quality without breaking the bank.

For High-End Living Enthusiasts: If you’re after a premium experience, The Sinclair Residences in the Arts District is hard to beat. With rents ranging from $2,005 to $14,730, this property offers a high-end lifestyle with breathtaking city views and top-notch amenities. Its transformation from Energy Plaza is a testament to Downtown Dallas’ growth in luxury housing [4].

For Fans of History with a Modern Twist: Maple Terrace blends historic charm with modern comforts. Featuring LEED Silver certification and spacious units (601 to 2,879 sq ft), it attracts eco-conscious renters who value both character and sustainability. With only 10% occupancy during its initial leasing phase, it’s a rare opportunity to enjoy a quieter community atmosphere.

Location Highlights:

  • The Sinclair Residences: Perfect for arts and culture lovers, offering easy access to the Dallas Art Museum and Winspear Opera House.
  • The Margaret on Riverfront: Located near Dallas’ creative hub and providing direct access to Katy Trail.
  • Each neighborhood brings its own unique cultural and recreational perks.

These properties showcase the evolution of Downtown Dallas, particularly its leadership in converting urban spaces into residential hubs. Whether you’re prioritizing budget, location, or amenities, these options cater to a wide range of preferences.

When narrowing down your choice, think about:

  • Your budget
  • The vibe of the neighborhood
  • Must-have features
  • Flexibility in lease terms
  • The sense of community in the building

Timing your lease strategically, especially in newer developments, could also work to your advantage as these communities continue to grow.

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Alexander Concepcion

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