Toll Brothers Apartment Living Opens Lyle, a New Luxury Community in Dallas, Texas By Investing.com

[ad_1]

DALLAS, June 27, 2024 (GLOBE NEWSWIRE) — Toll Brothers (NYSE:) Condominium Dwelling, the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation’s main builder of luxurious properties, in partnership with Fairness Residential (NYSE:), is happy to announce the opening of Lyle. Situated at 17727 Addison Street in Dallas, Texas, this new group options 334 house residences and an immersive assortment of facilities and gives handy entry to thrilling locations in Dallas and past. Lyle’s development, financed by a $55.6 million development mortgage from Santander (BME:) Financial institution, N.A., commenced in 2022.

Lyle’s house properties had been crafted to create a serene, stylish retreat and embody a mixture of spacious studio, one-, two-, and three-bedroom flooring plans. The residences are replete with refined options and finishes, together with kitchens with quartz counter tops and tile backsplashes, fashionable flat panel cabinetry, and hardwood-style flooring within the residing areas. Residents will discover properties designed to exceed their expectations, with options together with customized curler shade window therapies and outsized closets with built-in storage and shelving. As well as, every house house is outfitted with sensible residence know-how, together with keyless entry and sensible thermostats. Choose residences additionally embody non-public balconies, terraces, or fenced-in yards.

Lyle’s upscale facilities embody choices for each social gatherings and particular person pursuits. Out of doors areas embody a luxurious resort-style pool with sundeck and a courtyard with lounge seating, ping pong, and garden video games. The sky lounge with connecting outside terrace gives an leisure kitchen, lounge seating, and expansive metropolis views. Residents can assist their lively existence with Lyle’s health heart, with state-of-the-art energy and cardio tools in addition to flex studios. An immersive coworking lounge, that includes a Starbucks (NASDAQ:) Serenade espresso bar, offers residents with each non-public choices in addition to convention room house. The group was constructed to fulfill LEED Gold certification requirements, and the parking storage consists of EV charging stations.

We’re thrilled to open our latest luxurious group in Dallas with Fairness Residential, stated John McCullough, President of Toll Brothers Condominium Dwelling. The Dallas market continues to be a hub for great progress, and Lyle represents our continued dedication to delivering first-class multifamily communities in extremely fascinating places.

Placing a steadiness between city and suburban, Lyle is completely positioned with straightforward accessibility to the Dallas North Tollway. Residents can discover the various eating, procuring, and leisure choices of North Dallas, whereas solely a brief drive to the perfect of each downtown and the encompassing space. Lyle is positioned within the extremely rated Plano Unbiased College District and boasts a WalkScore ® of 71.

Lyle’s refined design gives an elevated residing expertise to residents, and its premier location affords quick access to each the life-style locations in addition to the main employment facilities of Dallas and past, stated Tommy Rhodus, Managing Director of Toll Brothers Condominium Dwelling within the Central area.

Lyle is considered one of three new communities opening in Texas this 12 months as a part of a strategic improvement partnership between Toll Brothers Condominium Dwelling and Fairness Residential. For extra details about Lyle, go to LyleAddison.com.

ABOUT TOLL BROTHERS APAR™ENT LIVINGToll Brothers Condominium Dwelling is the house improvement division of Toll Brothers, Inc. (NYSE: TOL), an award-winning Fortune 500 firm, and the nation’s main builder of luxurious properties. Toll Brothers Condominium Dwelling brings the identical high quality, luxurious, and repair for which Toll Brothers is understood to its distinctive rental and mixed-use communities in choose markets, together with Atlanta, Boston, Dallas, Los Angeles, New York, Philadelphia, Phoenix, and Washington, DC. Toll Brothers Condominium Dwelling communities mix the power of vibrant places with unparalleled facilities, resident providers, and the design and experience of America’s Luxurious Dwelling Builder ®. In 2024, Toll Brothers Condominium Dwelling was named to the Nationwide Multifamily Housing Council’s Prime 25 Largest Builders listing, the fifth 12 months it has been so acknowledged. The agency has accomplished over 10,000 models nationally, with greater than 18,000 models in manufacturing.

For extra data go to TollBrothersApartmentLiving.com.

ABOUT TOLL BROTHERSToll Brothers, Inc., a Fortune 500 Firm, is the nation’s main builder of luxurious properties. The Firm was based 57 years in the past in 1967 and have become a public firm in 1986. Its widespread inventory is listed on the New York Inventory Change underneath the image TOL. The Firm serves first-time, move-up, empty-nester, active-adult, and second-home patrons, in addition to city and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, in addition to within the District of Columbia. The Firm operates its personal architectural, engineering, mortgage, title, land improvement, insurance coverage, sensible residence know-how, and panorama subsidiaries. The Firm additionally develops master-planned and golf course communities in addition to operates its personal lumber distribution, home part meeting, and manufacturing operations.

In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World’s Most Admired Firms™ listing. Toll Brothers has additionally been named Builder of the 12 months by Builder journal and is the primary two-time recipient of Builder of the 12 months from Skilled Builder journal. For extra data go to TollBrothers.com.

Contact: Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

Images accompanying this announcement can be found at

https://www.globenewswire.com/NewsRoom/AttachmentNg/11c3cb9e-c800-4418-99f4-c67063d03daa

https://www.globenewswire.com/NewsRoom/AttachmentNg/0cd0e79e-57b4-4a3c-8fc5-c20d8e0f31e7

https://www.globenewswire.com/NewsRoom/AttachmentNg/2f73a05b-9a0d-49e6-a9d2-4ca6a9ac9a19

Despatched by Toll Brothers through Regional Globe Newswire (TOLL-REG)

Lyle by Toll Brothers Condominium Dwelling

Lyle by Toll Brothers Condominium Dwelling, the 334-unit luxurious multifamily group, is the corporate’s third to open in Dallas

Lyle by Toll Brothers Condominium Dwelling

We’re thrilled to open our latest luxurious group in Dallas with Fairness Residential, stated John McCullough, President of Toll Brothers Condominium Dwelling.

Lyle by Toll Brothers Condominium Dwelling

Supply: Toll Brothers, Inc.

[ad_2]

Source link