DALLAS, June 27, 2024 (GLOBE NEWSWIRE) — Toll Brothers (NYSE:) Residence Residing, the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation’s main builder of luxurious houses, in partnership with Fairness Residential (NYSE:), is happy to announce the opening of Lyle. Situated at 17727 Addison Highway in Dallas, Texas, this new neighborhood options 334 condominium residences and an immersive assortment of facilities and presents 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 condominium houses have been crafted to create a serene, stylish retreat and embrace a mixture of spacious studio, one-, two-, and three-bedroom flooring plans. The residences are replete with subtle options and finishes, together with kitchens with quartz counter tops and tile backsplashes, trendy flat panel cabinetry, and hardwood-style flooring within the residing areas. Residents will discover houses 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 condominium house is outfitted with sensible residence know-how, together with keyless entry and sensible thermostats. Choose residences additionally embrace personal balconies, terraces, or fenced-in yards.
Lyle’s upscale facilities embrace choices for each social gatherings and particular person pursuits. Outside areas embrace a luxurious resort-style pool with sundeck and a courtyard with lounge seating, ping pong, and garden video games. The sky lounge with connecting out of doors terrace presents an leisure kitchen, lounge seating, and expansive metropolis views. Residents can help their lively life with Lyle’s health middle, with state-of-the-art power and cardio tools in addition to flex studios. An immersive coworking lounge, that includes a Starbucks (NASDAQ:) Serenade espresso bar, supplies residents with each personal choices in addition to convention room house. The neighborhood was constructed to satisfy LEED Gold certification requirements, and the parking storage consists of EV charging stations.
We’re thrilled to open our latest luxurious neighborhood in Dallas with Fairness Residential, mentioned John McCullough, President of Toll Brothers Residence Residing. The Dallas market continues to be a hub for large 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 varied 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 subtle design presents an elevated residing expertise to residents, and its premier location affords easy accessibility to each the approach to life locations in addition to the foremost employment facilities of Dallas and past, mentioned Tommy Rhodus, Managing Director of Toll Brothers Residence Residing within the Central area.
Lyle is certainly one of three new communities opening in Texas this 12 months as a part of a strategic improvement partnership between Toll Brothers Residence Residing and Fairness Residential. For extra details about Lyle, go to LyleAddison.com.
ABOUT TOLL BROTHERS APAR™ENT LIVING
Toll Brothers Residence Residing is the condominium improvement division of Toll Brothers, Inc. (NYSE: TOL), an award-winning Fortune 500 firm, and the nation’s main builder of luxurious houses. Toll Brothers Residence Residing brings the identical high quality, luxurious, and repair for which Toll Brothers is thought 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 Residence Residing communities mix the vitality of vibrant places with unparalleled facilities, resident providers, and the design and experience of America’s Luxurious Dwelling Builder ®. In 2024, Toll Brothers Residence Residing was named to the Nationwide Multifamily Housing Council’s High 25 Largest Builders listing, the fifth 12 months it has been so acknowledged. The agency has accomplished over 10,000 items nationally, with greater than 18,000 items in manufacturing.
For extra data go to TollBrothersApartmentLiving.com.
ABOUT TOLL BROTHERS
Toll Brothers, Inc., a Fortune 500 Firm, is the nation’s main builder of luxurious houses. The Firm was based 57 years in the past in 1967 and have become a public firm in 1986. Its frequent inventory is listed on the New York Inventory Change below 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 element meeting, and manufacturing operations.
In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World’s Most Admired Corporations™ 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.
From Fortune, ©2024 Fortune Media IP Restricted. All rights reserved. Used below license.
Contact: Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com
Photographs accompanying this announcement can be found at
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Despatched by Toll Brothers by way of Regional Globe Newswire (TOLL-REG)
Lyle by Toll Brothers Residence Residing
Lyle by Toll Brothers Residence Residing, the 334-unit luxurious multifamily neighborhood, is the corporate’s third to open in Dallas
Lyle by Toll Brothers Residence Residing
We’re thrilled to open our latest luxurious neighborhood in Dallas with Fairness Residential, mentioned John McCullough, President of Toll Brothers Residence Residing.
Lyle by Toll Brothers Residence Residing
Lyle’s subtle design presents an elevated residing expertise to residents, and its premier location affords easy accessibility to each the approach to life locations in addition to the foremost employment facilities of Dallas and past, mentioned Tommy Rhodus, Managing Director of Toll Brothers Residence Residing within the Central area.
Supply: Toll Brothers, Inc.