From Real Estate Center Online:

ALTA'S LOFTY TOWER


DALLAS (The Dallas Morning News) – Contractor J.E. Dunn has begun excavation work for building the glass-clad, 375-unit Alta Rosewood residential tower near the southern entrance to the Dallas North Tollway.

The 22-story tower at McKinnon and Hunt streets is the biggest residential building yet in the uptown neighborhood. A 425-space parking garage, outdoor pool and fitness center will be on the lower levels.

The more than $72 million development is a partnership between Wood Partners of Atlanta and the California Public Employees' Retirement System, or Calpers, whose investment is $11 million.

Preston Partnership architects, also of Atlanta, designed the building. The loft-style apartments with hardwood floors will be ready for residents in late 2008.