Billion-dollar Bayside development spurs area investment

​​​GARLAND – Madera Residential​ ​secured nearly $82 million in bridge financing ​for the acquisition and repositioning of Landmark at Lake Village North and Landmark at Lake Village East.

The two garden-style apartment communities, built in 1983, are currently undergoing significant renovations.

Landmark at Lake Village North is an 848-unit community located near the intersection of I-635 and I-30 and close to the President George Bush Turnpike.

Landmark at Lake Village East is a 321-unit community that sits on a peninsula of Lake Ray Hubbard.

The newly-renovated properties will cater to residents looking to live near Bayside, the $1 billion master-planned, resort-style development along the shore of Lake Ray Hubbard.