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1215 E Bear Creek RdGlenn Heights, TX 75154
1215 Crossing
Asset ClassMultifamily
# Units228
A proposed 228-unit multifamily development in explosive growth corridor in Dallas, Texas.
overview of deal


Colliers Dallas Multifamily Advisors has been retained by Shaw Development Group as exclusive agent to arrange the JV equity capitalization for 1215 Crossing Apartments, a proposed $40 million Class A, apartment community located within the rapidly growing Dallas/Fort Worth city of Glenn Heights, TX. When complete, 1215 Crossing Apartments will consist of seven-three-story buildings containing 228 apartment homes with tuck-under garages. The sponsor has already closed an attractive, fixed- rate construction loan with a regional bank and has begun the horizontal development.

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Investment Highlights

The site is strategically located west of Interstate 35 on East Bear Creek Road, a major west-east thoroughfare. The Regional Transportation Council has decided to turn East Creak Road into a four-lane road that will include pedestrian space for enhanced mobility. Google has purchased ~165 acres of land in Red Oak for it’s second $600 million data center project in the Dallas/Fort-Worth metroplex. The acquisition is part of the new Google Cloud region in Dallas, which is part of the company’s $9.5 billion investment in data centers, which began in 2022 and will create 12,000 jobs in aggregate.


  • Experienced Partner with Local Expertise
  • Rapid Growth Corridor
  • Excellent Connectivity
  • Competitive Construction Debt
  • Economic Development - Nearby Google Data Center, Compass Data Center(s), Bombardier Factory, and Qarbon Aerospace

Property Description

Street Address:
1215 East Bear Creek Road
City, State, Zip Code:
Glenn Heights, TX 75154
Site Area:
11 acres
Indicated Density:
28.36 units per acre
PD (Planned Development)
Number of Units:
228 units
Average Unit Size:
922 square feet
Projected Year of Completion:
Design Description:
Seven (7) 3-story apartment buildings
1215 E Bear Creek RdGlenn Heights, TX 75154
Walmart Supercenter
The Home Depot
Outback Steakhouse

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Listing provided by Revere CRE