Dallas Multifamily Advisors has been retained as the exclusive agent to arrange the sale of the Millennium Village Land (“Property”), a 4.54-acre, shovel-ready, multifamily zoned development site, located in Garland, TX within the DFW metroplex. The Property is strategically located along the prominent east-west thoroughfare, Belt Line Road. The highly visible site offers future residents’ convenient access to major employment and retail centers via nearby President George Bush Turnpike, State Highway 78, Central Expressway (US-75) and LBJ Freeway (I-635).
The site is being offered with an approved site plan. It is truly shovel-ready, with full architectural plans in-place and an approved HUD 221(d)(4) loan commitment. The current plans call for a 199-unit multifamily community, that will consist of one 3- and 4-story building with 184 units, and three 3-story buildings containing 15 large townhomes with tuck-under garages.
Millennium Village Land provides an investor with the rare opportunity to begin construction immediately