ADDISON—A Dallas-based developer has begun work on a multimillion-dollar luxury apartment and townhome project, adjacent to the massive Village on the Parkway redevelopment here.

The developer, Criterion Development Partners LLC, has begun demolishing existing apartment buildings on the six-acre tract of land and will break ground on the new luxury project next week, according to a report in the Dallas Business Journal.

“This project will have an urban design that we tried to design to fit in with Village on the Parkway,” said W. Pretlow Riddick, president of Criterion Development Partners.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.