News Summary
University Place Asset Management and Axonic Capital have secured $97.5 million in financing for the Rosewood Residences Turtle Creek project in Dallas. This funding will refinance construction loans and provide capital for completion. The 17-story luxury condominium development features 33 units, high-end amenities, and is strategically located in the upscale Turtle Creek neighborhood. As the project advances, strong sales reflect rising demand for luxury living in Dallas. With a projected completion date of summer 2026, this development is set to redefine luxury residential options in the area.
Major Financing Secured for Rosewood Residences Turtle Creek in Dallas
University Place Asset Management (UPLAM) and Axonic Capital LLC have finalized a significant $97.5 million senior construction loan aimed at facilitating the growth of the luxury condominium project, Rosewood Residences Turtle Creek, located in Dallas. This financing will assist in refinancing an existing construction loan, replenishing interest reserves, and providing the necessary capital to complete the development, which signifies a strong commitment to the flourishing real estate market in the area.
About the Development
Situated in the historic Turtle Creek neighborhood, the Rosewood Residences Turtle Creek is poised to be a standout addition to Dallas’ luxury housing options. Developed by One Turtle Creek LP, this elegant project features a 17-story building with 33 ultra-luxury condominiums, each designed to range from 2,000 to 6,380 square feet in size. Recently, the building reached its full height, a milestone known as “topping out,” indicating that the construction is well underway.
Sales and Market Response
As the construction progresses, sales for the condominiums have already commenced, showing strong demand and interest among potential buyers. The project is attracting a mix of local and international clientele, particularly high-end buyers drawn to the luxurious features and desirable location. The completion of the Rosewood Residences Turtle Creek is expected by summer 2026, just in time for the anticipated influx of new residents to Dallas.
Amenities that Elevate Luxury Living
The design of the Rosewood Residences Turtle Creek focuses not only on visual aesthetics but also on providing residents with unparalleled views of the Dallas skyline and the beautiful Turtle Creek neighborhood. Among the luxurious amenities offered are a rooftop oasis complete with an infinity pool, a private garden, a sophisticated dining room, a secure dog park, and a pet spa, ensuring that every aspect of comfort and lifestyle is addressed.
Architectural Excellence
The architectural vision for the project is led by renowned architect Lucien Lagrange, with interior design by Dan Fink Studio, both of whom are acclaimed in the luxury real estate market. The building promises hospitality-focused services, including valet parking, 24/7 security, electric vehicle charging stations, and a private residential porte-cochere, further enhancing the exclusive living experience.
Trends in the Dallas Housing Market
The Rosewood Residences Turtle Creek aligns with a broader trend of increasing luxury home developments in Dallas, joining the ranks of other high-end options such as Vivante Turtle Creek and the Mirra apartments. The project is part of a larger narrative of migration towards Dallas from regions like California, Florida, and New York, bolstering the demand for premium condominium living.
Management and Future Developments
Management of the property will be handled by Rosewood Hotels & Resorts, which has a solid track record with luxury residential projects, including its successful developments in Beverly Hills. Additionally, Rosewood has plans for more residential offerings in trendy locations such as Naples and Miami Beach, signaling its commitment to expanding luxury real estate options across the United States.
For More Information
As the project continues to develop, those interested in learning more about the Rosewood Residences Turtle Creek can visit its dedicated website for the latest updates and detailed information about this luxurious residential opportunity.
Deeper Dive: News & Info About This Topic
Additional Resources
- Multi-Housing News
- Dallas News: Rosewood Residences
- Paper City Magazine
- Candy’s Dirt
- Salon Privé Magazine
- Wikipedia: Luxury Condominium
- Google Search: Rosewood Residences Dallas
- Google Scholar: Dallas Real Estate Market
- Encyclopedia Britannica: Luxury Real Estate
- Google News: Dallas Luxury Condos
Author: Construction NY News
NEW YORK STAFF WRITER The NEW YORK STAFF WRITER represents the experienced team at constructionnynews.com, your go-to source for actionable local news and information in New York and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the New York Build Expo, infrastructure breakthroughs, and cutting-edge construction technology showcases. Our coverage extends to key organizations like the Associated General Contractors of New York State and the Building Trades Employers' Association, plus leading businesses in construction and real estate that power the local economy such as Turner Construction Company and CMiC Global. As part of the broader network, including constructioncanews.com, constructiontxnews.com, and constructionflnews.com, we provide comprehensive, credible insights into the dynamic construction landscape across multiple states.
