Realty Capital secured a loan from Texas Bank and Trust to finance the acquisition of the land.
A new mixed-use development is in the works in Corinth, bringing 275 multifamily units, 16 townhomes and a select-service hotel.
Realty Capital Management announced the purchase of a 20-acre property for the project called Parkway District. The forthcoming project is located at the southwest corner of Corinth Parkway and Interstate 35E. Parkway District will also include 22,000 square feet of retail and restaurant space and a central, linear park that connects the entire project. Realty Capital Residential was selected as the multifamily developer for the project. Construction is expected to start in the summer of 2023, according to a news release. , Development Partner at Realty Capital Management, in a prepared statement.
, Managing Partner for Realty Capital Management, in a prepared statement. “The City of Corinth has a strong vision for this property, and we are grateful to have the responsibility of executing their vision.”in the Lakeside Village development in Flower Mound. The project, located at 3111 Sunset Boulevard, will be a 16-story luxury residential tower overlooking Lake Grapevine.
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