love field apartments

Image: Google Maps

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 DistrictCantabria at Turtle Creek, and Rienzi at Turtle Creek.

Two blocks just south of Love Field along Inwood Road and Sadler Circle will be cleared for the as-yet-unnamed project. The land is currently occupied by a handful of commercial buildings. Demolition is slated for completion by the end of 2015.

Development in this area is gaining momentum, driven in part by the expanded air services at Love Field, as well as growth of the Medical District, like the Parkland expansion. The location is a big factor, too.

“That little pocket of real estate is booming right now—I actually showed a property there this morning to a woman who works at Parkland,” said David Maez, Broker, Creative Director, and Co-Founder of Vivo Realty. “It’s a great location for potential tenants, close to Uptown, downtown, and the airport, as well as the Tollway for people that need to commute up north.”

(more…)