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Highlands of Northlake 220 homes coming, but not in ScotlandHighlands of Northlake 220 homes coming, but not in Scotlandhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=31372014-09-09T15:59:00Z2014-09-09T07:00:00Z

NORTHLAKE, DENTON COUNTY - The Highlands in Northlake, a residential community north of Fort Worth, will begin the first of three construction phases by October 1.

Located on 363 acres off FM 407 along I-35W, the 220 one-acre-plus-lot community is approximately ten miles north of AllianceTexas.

Twelve lots have been pre-sold to custom home builders. There are 66 lots in the first phase of construction, which is expected to be delivered by summer 2015.

The community is being developed by Las Colinas-based Realty Capital Management with investment from Dallas-based RCP Properties LLC.

In addition to the equity funding from RCP, the project has also secured $4.385 million in infrastructure reimbursements from the Highlands Public Improvement District.

“The Highlands offers families a great place to call home with convenient access to major employment centers for the parents and open spaces, miles of hike-and-bike trails and access to Northwest ISD schools for the kids,” said Blake Lugash, president of RCP.

GlobeSt.com
Dallas-Fort Worth-Arlington
Housing
http://www.globest.com/news/12_939/dallas/other/RCP-Backed-Highlands-Project-Slated-for-Northlake-350053.htmlRead more at {Source}

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