With residential tower on hold, developer reboots Uptown Dallas block
A prime McKinney Avenue site north of downtown will get upgrades.
Rastegar Property plans to renovate the commercial building at 1899 McKinney Avenue that dates to the 1960s.(Rastegar Property Co . )
The pandemic has put the brakes on a new residential tower planned for Dallas’ Uptown area, but the project developer isn’t going to let the vacant property languish.
Rastegar Property Co. plans to revamp the existing building at 1899 McKinney Ave., where it hopes to eventually build a 26-story residential tower.
The existing commercial building – constructed in 1966 – will be renovated for new uses, said developer Ari Rastegar. A construction fence has surrounded the midcentury building since Rastegar purchased the block in 2019.