Over the last week, plans for at least three new apartment complexes have been revealed in Fort Worth, Arlington and Grand Prairie. Here’s a quick rundown of those projects.
More apartments planned within Arlington’s Viridian development
A new four-story apartment complex with 343 units is being planned in Arlington, according to a document submitted to the state. An entity connected with Dallas-based developer StreetLights Residential is planning the project, which would be located at the corner of Bird’s Fort Trail and Snow Goose Trail within Arlington’s Viridian master-planned development. The project could cost an estimated $38 million and break ground by March. It also could be open by April 2023.
Atlanta developer nears groundbreaking for new complex in Grand Prairie
Atlanta-based Wood Partners recently closed on land along S. Forum Drive in Grand Prairie, where it plans to build the 322-unit Alta 161. The complex will be comprised of one-, two- and three-bedroom units with amenities like a modern fitness facility with yoga and digital fitness programming, outdoor spaces for socializing, a resort-style pool with tanning ledges, barbecue grilling areas and fire pits.
The community will also have outdoor spaces including an expansive wooded dog park with rolling terrain and a walking trail with Texas prairie landscaping.
“The 161-Corridor has seen explosive growth in recent years, and we are looking forward to joining the neighborhood with Alta 161,” said Ryan Miller, managing director. “The proximity to Downtown Dallas and convenient access to opportunities across the region will make the new community a desirable living location for a wide range of potential residents.”
“The (State Highway 161) corridor has seen explosive growth in recent years, and we are looking forward to joining the neighborhood with Alta 161,” said Ryan Miller, managing director at Wood Partners, in a prepared statement. “The proximity to downtown Dallas and convenient access to opportunities across the region will make the new community a desirable living location for a wide range of potential residents.”
Construction is set to begin in November with an estimated community opening date of late 2021.
New student housing complex planned near Texas Wesleyan University
Student housing developer Panteras Development Partners, based in Fort Worth, and owner-operator Miyama USA Texas have entered into a long-term ground lease with Texas Wesleyan University to build The Rosedale. Located at 3228 E Rosedale, The Rosedale will feature one-, and two-bedroom student apartments less than a minute away from the heart of campus. Amenities will include private-secured parking, student lounges with large-screen televisions and dedicated study areas.
Each apartment will have an option to come fully furnished and will have wood-style flooring in the common areas, an in-unit washer and dryer, high-end finishes, first-class appliances and cable and high-speed internet. It is unclear when work will begin on the 56-unit, 101-bed community.
“The welcoming, sophisticated environment of the student housing, in a location that allows students to be fully integrated with the campus community, will raise the bar for student living at Texas Wesleyan while fulfilling our strategic vision by enriching our students’ campus experience,” said Fred Slabach, president of Texas Wesleyan University, in a prepared statement.
