Overture Flower Mound won’t be completed until the fall of 2017.
But that doesn’t have to stop Flower Mound residents from getting a sneak peek at the final product.
Greystar Real Estate Partners has purchased 28 acres at Lakeside DFW and plans to begin site work in July on 17 buildings featuring 648,000 square feet for retail/commercial, apartment, and town home uses.
The sale of the property, which includes the western corners of International Parkway (FM 2499) and Lakeside Parkway in Flower Mound, was announced today by officials of Greystar and Realty Capital Management, master developer of Lakeside DFW.
“This will be a Class A project in a very high quality suburban community,” said Laird Sparks, managing director of Greystar.
“It is part of an overall strategy by Realty Capital,” he added, “to deliver a thoughtfully planned mixed-use community to the Flower Mound area, where no similar developments exist.”
Six mixed-use structures along Lakeside Parkway, which will feature 45,000 square feet of retail/commercial uses on the ground floor, are scheduled to be completed first (as early as July 2014).