About Addison's Vitruvian Park

Addison Pacesetters Get an Update on Vitruvian Park at Dunn Bros. Coffeehouse.

Addison Pacesetters (Addison, Texas residents 50+ years of age) meet the first Wednesday of each month at Dunn Bros. Coffeehouse on Belt Line Road and learn about the Town of Addison. This month, Tom Lamberth, UDR's lead developer for Vitruvian Park, spoke to us.

Here are some interesting tidbits from Tom's presentation:

• the park at Vitruvian Park will be opening soon and there will be an Addison celebration -
• planned for October 27-28, 2011
• event will be open to the public
• Richard Chamberlain will have a pop-up restaurant on the bridge & he'll be cooking with natural elements
• there will be 4 seatings
• Farmers Branch Creek runs along the south end of the property and will be included in the 12 acre park
• there will be a 1 mile hike and bike trail that will connect to the Addison trail system and the Brookhaven Community College trail system
• there will be a 320-seat ampitheater and waterfall in the park
• the park will be unique (similar feel as Turtle Creek, but different)
• UDR purchased 9 older apartment complexes plus the Tom Thumb shopping center to create Vitruvian Park
• Brookhaven Club Drive was renamed Vitruvian Way and the street was reengineered, making the intersection at Spring Valley easier to navigate (in front of the new Bush Elementary School)
• Savoye (phase 1) apartments are 97% occupied (total of 392 units)
• Savoye II (phase 2) opened to residents on Thursday with 65 units pre-leased
• building permits were pulled 2 weeks ago to begin work on phase 3 - when completed, the whole south side of Vitruvian Park will be built out
• the entire Vitruvian Park project will unfold over a 10-year period and will include 125 acres and 6,000 homes for sale or rent
• current rental rate is a healthy $1.55/sq ft and residents are coming from Uptown and Preston Center
• there may be room for an active senior housing option
• UDR is a pubicly traded REIT and is financially strong enough to withstand the current economy

If you're not an Addison resident and would like to become one, please contact me about purchasing a condo, townhome, duplex or single family home in Addison, Texas. Addison is a great place to live, work and play!

Next month, the first Wednesday is October 5th. Come out and join the Addison Pacesetters at Dunn Bros.

Vitruvian Park is the redevelopment project in Addison, Texas just northwest of LBJ & the Tollway. Savoye, the first phase of the residential element of the Vitruvian Park project, is now about 50% occupied. The ground-breaking for Savoye II, the second phase (of six planned phases) at the 100 acre new urban neighborhood and master planned community, has occurred. There will be 352 apartment homes and 28,140 square feet of retail in Phase II. Vitruvian Park includes office, restaurant, retail and living space - all eventually connected by a lush, 12-acre park and spring-fed creek, now under construction. There will be 2 vehicular bridges and 2 pedestrian bridges in the development, along with two more parks and connections to a trail for walking and biking.

The Savoye lifestyle includes unlimited access to amenities such as a luxury fitness center, resort-style pool, poker salon, and demonstartion kitchen. There are park trails for jogging and biking that link into a 6-mile trail system. Wi-Fi will be available in the public spaces.

Apartments are one or two bedrooms and each apartment comes with a 42" HDTV and a full-size front load washer and dryer. The location, on Vitruvian Way (formerly Brookhaven Club Drive) is just minutes from Addison's restaurant row and is convienient to major highways.

For information about apartments in Savoye Phase I, check out their website: http://savoyeaddison.com.

Vitruvian Park is the redevelopment project in Addison, Texas just northwest of LBJ & the Tollway. Savoye is the first phase of Vitruvian Park, a 100 acre new urban neighborhood and master planned community that includes office, restaurant, retail and living space - all connected by a lush, 12-acre park and spring-fed creek. Savoye is in the pre-leasing phase, with occupancy beginning March, 2010.

There is a wide variety of floor plans to choose from:
(to see some of the layouts below, point to the plan and it will display the name of the plan)

*Key:
Nourish = Kitchen
Relax = Living Area
Dream = Bedroom
Primp = Bath
Breathe = Balcony
Keep = Closet
Think - Study

The Savoye lifestyle includes unlimited access to amenities such as a luxury fitness center, resort-style pool, poker salon, and demonstartion kitchen. There are park trails for jogging and biking that link into a 6-mile trail system. Wi-Fi will be available in the public spaces.

Savoye will have 392 apartments and retail space in a 5-story building and a 7-story building. At this time, there are no plans to build units for purchase. Phase II, scheduled for completion 2 years from now, will have 352 apartments. The park is scheduled for completion by the 3rd Quarter, 2010, along with 2 vehicular bridges and 2 pedestrian bridges.

If you'd like additional information about leasing retail or living space in Savyoe in Virtuvian Park call me!