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Urban Focus toith Innovative Design 67echnology <br />in 1998, Genesis developed Turtle Creek Villas, the first residential high-rise built in Dallas since the <br />early 80s. This luxury rental tower featured 331 units in 14 stories located in the heart of the Uptown <br />a rea. "Ilse property was managed by an affiliate, Genesis Realty Management Inc., and was sold to ING <br />Insurance. <br />Genesis used an innovative construction technology for high-rises to achieve record construction <br />times, thus lowering carrying costs and ultimately increasing profitability. Genesis was also able to <br />price belowthe competition while achieving the same orhiglreryields. <br />High Density Wood Frame 80+Dulsl4cre (Non Podium) <br />PollowingTurtle Creek Villas, Genesisworked with a leading multi-family design architect to develop <br />the urban four-story density product with an integrated, structured garage, nowcommonly referred to <br />asthe'Texas Wrap.'This collaboration created a high efficiency, low-costbuildingframework allowing <br />up to 8S units-an-acre utilization of land. This was accomplished in four stories including an integral <br />garage at grade without the cost penaltiesofa four-storypodium. (Podiumdesign carriesa cost penalty <br />ofa transfer slab and additional two levels ofM EP over a two-storygaragewhere S096 ofillegarise had <br />to be subterranean). Maple Villas and Southern Villas, both in Dallas, were classic examples of a Texas <br />Wrap, with one major distinction. We designed no Texas Dennis where the garage was in the middle, <br />and none of the Genesis units looked into the integrated garage. <br />75B-31