DALLAS-With one apartment community already under development in the Metroplex, Alliance Residential has plans to break ground on two more multifamily projects in North Texas in the coming weeks. Together, the two class A projects total 647 units and have a price tag of roughly $75 million.

Alliance Residential’s new projects are: Broadstone Market Center, 303-unit urban development in the Design District, and a yet-to-be named, 344-unit community in the 1,300-acre Centreport master-planned development in Fort Worth. The Centreport project is located across the street from Broadstone Centreport, a 452-unit apartment community that Alliance delivered in 2008.

Last month, the Phoenix-based firm broke ground on Broadstone Valley Parkway, a 363-unit apartment project in the Dallas suburb of Lewisville. That project had a reported construction price of roughly $35 million.