Apartment, retail projects start at Cypress Waters

​​​​​IRVING – Billingsley Co. is breaking ground on the next phase of its 1,000-acre Cypress Waters development at LBJ Fwy. and Belt Line Rd.

The Sound, located on the south shore of North Lake,​​ will include 527 lakeside apartments plus retail. Most of the development is scheduled to open in early 2018.

Apartments in The Sound will rent for about $1.80 per sf. ​

Architect Hensely Lamkin Rachel Inc. designed the buildings.

The developer is also starting work soon on a five-story, 250,000-sf office building at 3100 Olympus Blvd. within The Sound.