City Living Real Estate

It’s been years since developer Larry Hamilton began working on overhauling the historic Lone Star Gas complex, bringing hundreds of new apartments to downtown Dallas

The Dallas resident said he enjoys living in the urban neighborhood and plans to move into a newly-completed loft penthouse within the 1931 art deco building on Harwood Street, which Hamilton’s firm Hamilton Properties Co. recently finished redeveloping with the help of historic tax credits.

“I love where I am now, but this is cool, too,” he said, standing on a wooden stage within his new 2,600-square-foot home. The stage was used for company functions for Atmos Energy before the energy firm vacated the building.

Hamilton is one of nearly 8,000 residents living in downtown Dallas, which has been growing in recent years as developers complete apartment projects and place more on the drawing board. In North Texas, the city’s urban core has the largest concentration of apartment development, with 7,424 under construction in downtown, Uptown and the Oak Lawn-Park Cities neighborhoods, according to Carrollton-based apartment research firm MPF.