By month's end, Winston Capital will have 140 townhouse lots ready to turn over to David Weekley Homes. The first units will deliver by early fourth quarter. In sync with the 10 acres of townhouse construction, Winston Capital will build three multifamily buildings, totaling 500 units, and incorporate 36,000 sf of retail and 10,000 sf of office into the project at 111 E. Spring Valley Rd. The first retailer to jump on board is Dunkin Donuts, which will put its flagship urban format into a 2,000-sf build-to-suit at the hard corner of Spring Valley Road and Greenville Avenue.

"This is not density for the sake of density," Chris Ray, assistant vice president of Dallas-based Winston Capital, explains to GlobeSt.com. "It's density for urban use and sustainability."

Ray says city leaders agreed to pare Spring Valley Road to two lanes so pull-in parking spaces can be provided on both sides of the street. He says the vision is to line sidewalks with boutique local shops, well-known restaurants and prominent retailers, all brought to the project by the developer's leasing team, the Weitzman Group of Dallas. [IMGCAP(2)]Two freestanding buildings, with 20,000 sf, will be topped off with second-floor office space while the remaining 16,000 sf retail will be part of the apartment buildings.