Toll Brothers, Inc. (NYSE: TOL) (www.TollBrothers.com), the
nation’s leading builder of luxury homes, through its Toll Brothers
Apartment Living® rental subsidiary, and partner Canyon Partners
Real Estate, today announced the opening of Westerly, a brand-new
luxury multifamily community located at 411 West Commerce Street in
Dallas, Texas. Westerly is open for resident move-ins and leasing
at the community has already reached 36%.
“Westerly is our second community to open in the Dallas-Fort
Worth market and will be a great addition to our growing portfolio
in Texas,” said Charles Elliott, President, Toll Brothers Apartment
Living. “Westerly leased over 100 units in less than two months,
which speaks to the quality of our residences and the incredible
customer service we provide at each of our communities.”
Westerly, a 331-apartment home community located in West Dallas
offers studio, one-, two-, and three-bedroom floor plan styles.
Designed for the modern dweller, Westerly combines spacious floor
plans, coveted industrial touches, and modern, sleek finishes into
a one-of-a-kind contemporary apartment. Each apartment home
features quartz countertops, stainless steel appliances, wood-style
flooring in living areas, LED bathroom mirror lighting, smart
thermostat, keyless entry, included personal in-home WiFi, and HD
local channel package.
Inspired by the prevailing winds from the west, the urban
contemporary community celebrates the industrial spirit and
innovation of West Dallas. Alive with local energy, Westerly’s
curated amenities are designed to inspire active lifestyles and
artistic endeavors. Westerly residents will enjoy amenities
including a resident lounge with gaming and expo kitchen,
complimentary coffee bar, maker spaces, art studio, two-story
fitness center with outdoor yoga, coworking spaces and conference
room, expansive pool with elegant cabanas and fire feature,
courtyard with grills and pizza oven, and a sky lounge with
incredible city views.
“Westerly serves as a gateway to downtown Dallas centrally
connected by the landmark Margaret Hunt Hill Bridge and Continental
Avenue pedestrian bridge,” said Tommy Rhodus, Regional Director of
Acquisition and Development, Toll Brothers Apartment Living. “The
vibrant neighborhood served as an inspiration to the community,
including its active personality and rugged refinement.”
Westerly is set along the Trinity River and just minutes from
downtown Dallas, providing an abundance of shopping, dining, and
entertainment options. Westerly’s authentic, close-knit
neighborhood offers residents numerous local activities including
views atop Reunion Tower, hiking and biking at Trinity Overlook
Park, delicious cuisine at Trinity Groves, entertainment at Kessler
Theatre, and much more.
Toll Brothers Apartment Living manages the development and
marketing of Westerly. Greystar Real Estate Partners, LLC
(“Greystar) is acting as the leasing and property manager. For more
information regarding Westerly, please visit their website:
www.WesterlyDallas.com. For retail inquires contact Amy Pjetrovic
(apjetrovic@venturedfw.com) and Gabi Shaff (gshaff@venturedfw.com)
with Venture DFW.
ABOUT TOLL BROTHERS APARTMENT LIVING®
Toll Brothers Apartment Living is the apartment development
division of Toll Brothers, Inc. (NYSE: TOL). Toll Brothers
Apartment Living is bringing the same quality, value, and service
familiar to luxury home buyers throughout the country to upscale
rental communities in select markets, including Atlanta, Boston,
Dallas, Los Angeles, New York, Philadelphia, Phoenix and
Washington, DC. Toll Brothers Apartment Living was ranked 11th
largest apartment developer in the U.S. in 2020 by the National
Multi-Family Housing Council. The firm has developed more than
6,900 units, has more 4,600 units under management and controls a
national pipeline of more than 15,600 units. Toll Brothers
Apartment Living communities combine the energy of vibrant
locations with unparalleled amenities, resident services, design,
and the expertise of the nation’s leading builder of luxury homes.
For more information visit TollBrothersApartmentLiving.com.
ABOUT CANYON PARTNERS REAL ESTATE LLC
Founded in 1991, Canyon Partners Real Estate LLC® ("Canyon") is
the real estate direct investing arm of Canyon Partners, LLC, a
global alternative asset manager with over $27 billion in assets
under management. Over the last ten years, Canyon has invested
approximately $5.6 billion of debt and equity capital across over
200 transactions capitalizing approximately $15.1 billion of real
estate assets, focusing on debt, value add, and opportunistic
strategies. With 29 years of experience, Canyon has established a
broad menu of investment capabilities spanning property types, US
regions, and project stages (including development, transitional,
and distressed/workouts). For more information visit:
www.canyonpartners.com
- Westerly Exterior_1
- Westerly Exterior_2
John M. Piedrahita
Toll Brothers Apartment Living
202.378.3302
jpiedrahita@tollbrothers.com
Kris Cole
Canyon Partners, LLC
310.614.9208
Pro-canyon@prosek.com
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