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​​​FLOWER MOUND – Flower Mound's Town Council this week approved Direct Development's plans for the 35-acre Point mixed-use project at Long Prairie Rd. and Silveron Blvd. in the Lakeside DFW district.

Plans for the $150 million development call for more than 300 apartments in the first phase; a four-story, 100-room Hilton hotel; and office buildings with over 200,000 sf of space. Construction is scheduled to start next year.​

Direct Development is teaming up with Dallas-based Trammell Crow Residential to do the apartments. Architect JHP designed the rental units. LandDesign provided site planning and landscape architecture.