100-Year-Old Building In Dallas Being Turned Into Apartments

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DALLAS (CBS11) – Among all the building renovations going on in downtown Dallas one project is attracting a niche crowd.

The Butler Brothers Building on 500 Ervay street is a 100-year-old building being turned into apartment residences catering to millennial entrepreneurs and start-up company owners.

Cheri Garcia, 29, will be one of the first residents to move in when it’s ready in a month.

“I want to fit in more and a lot of entrepreneurs we don’t feel like we fit in,” said Garcia.

Alterra International, the company behind the project says the start up industry in Dallas is booming and with so much new business coming into town so are the people behind this wave, and those people, according to Nile Tuzun, have created a never before seen housing need.

Tuzun, the Creative Director of Design and Branding for Alterra said, “Our niche market is these millennials between 25 and 35 who are just starting out in their own business as a start up.”

She says the units range in monthly rent prices from 1,500 to0 2,400 and they include specialized amenities like tech and art labs and even a recording studio.

The units have European brand appliances and modern finishes.

Tuzun says the idea is to create a living space where the young entrepreneurs can live, work, and play all in one place.

“They tend to combine everything,” says Tuzan.  “They are not your corporate America. That’s for sure.”

As for Garcia, she says she is counting down the days until she moves in.

“My hope is that I can continue to grow my business and collaborate with like-minded entrepreneurs,” said Garcia.

(©2016 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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