Plans are in place for a 39‐story residential tower on one of the last vacant sites in the Arts District. The project will be at Flora and Olive and is right next door to the Museum Tower and a block south of Klyde Warren Park.
The one‐acre development between the Nasher Sculpture Center and the Meyerson will include 370 luxury apartments and 39 artists lofts, which will add a population of 400 to 500 residents to the area.
There will also be 12,000 square feet of ground‐floor retail space along Flora St.
Designed by Boston‐based architect Add Inc., a thin tower will sit on top of the six‐story loft and retail building. The design is classic modern and the hope is that it will fit well with the contemporary architecture the Arts District. Unlike Museum Tower, the Atelier/Flora Lofts building will have a masonry exterior with inset balconies so that much of the glass is recessed into the face of the building. It will also be 100 feet shorter than Museum Tower and all efforts have been taken to minimize the impact on neighbors from sun glare and shadow.
The project is anticipated to begin in the fourth quarter of this year and will take 24‐ to 28‐months to complete.