Dallas-based Trinsic Residential Group appears to be planning to launch a $50 million second phase of a multifamily project in Lewisville.
The upcoming development is located at the southeast corner of SH 121 and FM 544 and will total 300 units on build-out, according to documents submitted to the Texas Department of Licensing and Regulation. The project was filed under the name Aura Crown Centre Phase 2. The project will total about 460,700 square feet and include a five-story wood-framed building wrapped around a parking garage. The apartment complex is scheduled to break ground in November and deliver late in 2024.
Trinsic did not respond to a request for comment by publication time. The ownership of the project is listed as Trinsic Acquisition Company, and the owner’s address matches that of Trinsic’s headquarters. The firm has another project listed on its website named Aura Crown Centre. That project is a five-story wood-framed construction wrap with a structured parking garage and is expected to open in Q4 this year. The upcoming phase appears to be within the same vicinity as the existing development.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Odyssey Properties Group finds 'needles in a haystack' in North Texas' multifamily market - Dallas Business JournalMultifamily investment sponsor and private equity real estate firm Odyssey Properties Group has acquired three communities in Dallas-Fort Worth with an eye toward capitalizing on the region's strong job growth, fast-growing economy and low cost of doing business.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Billingsley to bring 17-building residential development The Chase at Wilson Creek to McKinney - Dallas Business JournalDallas developer Billingsley Co. is listed as the owner behind the project dubbed 'The Chase at Wilson Creek,' according to a filing with Texas Department of Registration and Licensing.
Source: DallasBizNews - 🏆 525. / 51 Read more »
New projects in North Texas for Sept. 20 - Dallas Business JournalHere’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Blue Tide Environmental expanding, redesigning gulf shore base oils recycling plant - Dallas Business JournalThe scope of Blue Tide's plant in Baytown has changed a lot since plans for the project were first unveiled. Blue Tide itself has also changed a lot since first launching as The Woodlands-based TopSail Energy LP in 2016 with a $100 million commitment from Dallas-based private equity firm Tailwater Capital LLC.
Source: DallasBizNews - 🏆 525. / 51 Read more »