DALLAS-Wood Partners has broken ground on its 249-unit, four-story multifamily property named Alta Maple Station. The $36.6 million development is adjacent to the Dallas Area Rapid Transit's Inwood/Love Field Station, and is close to the area's Medical Center District.

The project, located at 522 Maple Ave., will begin leasing in late 2014, with construction completed by early 2015. Wood Partners is acting as its own general contractor, providing supervision and contracting with qualified subcontractors to perform the work. Good, Fulton & Farrell Architects is the architect of record.

“We are very excited about this project,” says Ryan Miller, development associate for Wood Partners in Dallas. “Not only is Alta Maple Station a transit-oriented development, but the entire area is under transformation led by the $2.5 billion investment in the Dallas Medical District which will generate more than 5,000 new jobs.” Miller adds that Alta Maple Station is offering a lower-cost alternative to rents in the nearby Uptown submarket.