DALLAS–SWBC Real Estate has purchased 11 acres within the master-planned, mixed-use RiverWalk at Central Park in Flower Mound, TX. The locally-based company plans to build a 357-unit class A multi-family building on the property. Ground is scheduled to break in July.
"Only one multi-family property has been built in the past 12 years in Flower Mound," says Stuart Smith, senior vice president with SWBC Real Estate. "With its location in the heart of the Dallas/Fort Worth Metroplex and easy access to major thoroughfares, Riverwalk Village will attract tenants looking for first-class amenities in close proximity to numerous retailers, restaurants, and entertainment venues that are being built in The River Walk at Central Park community."
Riverwalk Village will be composed of 12 streetscape apartment buildings. Units will average 857 square feet and range from one-, two- and three-bedroom spaces. Interior amenities include nine-foot ceilings, walk-in closets and storage, crown molding in formal living areas, stainless steel appliances, and granite countertops.
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