DALLAS - Atlanta-based multifamily developer Wood Partners LLC has begun construction on its 249-unit, $36.3 million apartment community in the Medical District.
The four-story, 212,632-sf apartment property at 5522 Maple Ave. sits on nearly 3.5 acres adjacent to the Alta Maple Station, a transit-oriented development at the Dallas Area Rapid Transit light rail station. The project is part of a larger Maple-Mockingbird city-led redevelopment plan.
Construction is scheduled for completion in early 2015.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.