Apartment Development
D-FW is once again showing itself to be a powerhouse when it comes to new multifamily construction, with a recent report placing it No. 2 for expected unit delivery in 2025. Some 28,958 units are anticipated this year in the Metroplex, putting the region only below the New York City metro area when it comes…
A new report from Apartment List analyzes the top trends in the 2017 rental market and predicts their impacts in 2018. For example, the report highlights the increase in the homeownership rate after a decade of declines, as well as the decrease in the share of rental units considered affordable to the lowest-income renters. Although…
Developers have their eye on the Love Field-Medical District areas, and a new residential community is underway. Fairfield Residential recently purchased about six acres near Denton Drive and Inwood Road for a 350-unit apartment complex. Fairfield has ten residential developments in the DFW area, including the upscale 21 Forty Medical District, Cantabria at Turtle Creek, and Rienzi at Turtle Creek. Two…
Another residential development is underway near West Dallas’ super hot Trinity Groves neighborhood with the construction of Alta Yorktown by Wood Partners LLC. The development will include 226 luxury apartments in three, four-story buildings on six acres. The property, located at 660 Yorktown St., is just one mile west of downtown Dallas, and sits near the…
More good news for development in West Dallas with word Thursday that Dallas-based Stonelake Capital Partners has closed on a 25-acre tract of industrial property on Singleton Boulevard, west of Sylvan Avenue. Along with developer StreetLights Residential, Stonelake is planning a $200 million mixed-use development at 1000 Singleton Boulevard, on the southwest corner of Singleton and…
