Massive 10,000 unit residential project underway at North Lake in Dallas
This is a significant project for the City of Dallas. From the article, Billingsley is going to be very aggressive in developing this project and the masterplan above shows the extent of the project's size.
Phase 1's 673 apartments are shown on the masterplan in red. Preparation ground work is shown in the second image above.
“Our hope and dream is we build a master-planned rental living community.”
“It is a site close to tremendous employment, freeways and great neighborhoods.
“In the first phase, we are building three different neighborhoods,” she said.
Designed by WDG Architecture, the buildings will range from high-end townhouse-style units to contemporary Texas-themed designs.
Each project will have a different feel and will tie in with walking trails and other features, including resort-style swimming pools, project manager Tom Holland said.
“It’s all about creating neighborhoods and not self-contained complexes,” he said.
The developer has land set aside for retail, restaurants and the like.
“We have 82 acres on LBJ Freeway that we have saved at the project’s primary entry point so that we can have retail to service the development,” Billingsley said. “We will also have restaurants on the lake.”
North Lake, which is filled with water acquired from local water districts, will be reduced to about 300 acres. The old power plant at the north end of the reservoir is being removed.
Along the north end of the project land is available for future development; this could by a TOD which would be a natural for what Billingsley is doing here.
As mentioned in the article, the lake is being reduced slightly in size but will be upgraded significantly and will play a major role in the development.
This project alone will easily add 15,000 to 20,000 people to Dallas' population in the upcoming decade.
This is fantastic news for the City of Dallas!
Originally Posted by JoninATX
Billingsley starts work on ambitious Dallas rental development
Developer Billingsley Co. has started construction on the 1,000-acre development, with the first 673 apartments expected to be ready by early 2013. . .
. . .“We have the potential to build 10,000 units here, so we needed to start this project in a major way,” developer Lucy Billingsley said. “Our hope and dream is we build a master-planned rental living community.”
. . .Each project will have a different feel and will tie in with walking trails. . . the buildings will range from high-end townhouse-style units to contemporary Texas-themed designs. . .
. . .“We will also have restaurants on the lake.” (The lake) will be reduced to about 300 acres. The old power plant. . . is being removed. . .