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Alliance Residential Readies $75M in MF Development

DALLAS-The developer plans to break ground on two apartment communities with 647 units in the coming weeks.

By Jennifer Duell Popovec | Updated on June 23, 2011

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.

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