The newest apartment tower on the way in Dallas’ Victory Park project won’t open until 2021.

That’s probably a good thing.

The Dallas area has seen a flood of new high-rise, high-priced rental projects in the last few years and more are on the way. Developer Hines’ 39-story Victor tower in Victory Park will be one of the biggest.

The builders are betting that with a 32-month construction schedule, most of their competitors will be out of the market by the time The Victor opens.