Dallas developers are working on a modern condominium building that would be constructed south of White Rock Lake near Tenison Park Golf Course.

The seven-story, 90- to 100-unit project is being designed for a site on Coronado Avenue near East Grand Avenue.

Called the Drake at White Rock Lake, the building would have homes priced between $290,000 and $750,000.

NBKW Partners LLC is building the project, being designed by GDA Architects.

Some of the one-, two- and three-bedroom condos will have views of White Rock Lake.

The development will include a cardio and fitness center, a saltwater swimming pool, a dog park and a roof deck overlooking Lakewood and White Rock Lake.

"The Drake at White Rock Lake will be the newest condominium project being built in Dallas," said Al Coker of Al Coker & Associates, which is marketing the project. "Our prospective homeowners will include first-time buyers, empty nesters and those who want to enjoy life in a neighborhood enhanced with nearby entertainment, nature's bounty and outdoor leisure activities."

The planned home development will be one of the few condominium projects outside Dallas' Uptown and Park Cities area.

The developers have begun preselling the units and have not announced a construction schedule.

Coker said the project will be one of the most affordable condo developments in Dallas.

"The last thing under $300,000 were some apartment conversions we did in Oak Lawn," he said. "In the area around this project, new construction starts in the low $900,000s.

"Where we start is cheaper than a lot. There is a dearth of affordable product for sale."

Coker said the smallest condo would be near 900 square feet. The site is an easy commute from employment centers, he said.

"If you hit Interstate 30, you can be in downtown in no time," he said.

The Drake at White Rock Lake condo building is planned near Tenison Park Golf Course. (GDA Architects)

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