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Growing Burbs Work to Keep Up with Rental Supply

A multifamily site, Remington at Rockwall Downes, consists of 42.6 acres and is planned to be a two-phase project with each phase consisting of 295 units, as the zoning will allow up to 590 units.

Remington Multifamily Both of the two phases will consist of 295 rental units, comprised of two- and three-story buildings.

ROCKWALL, TX—Multifamily demand continues unabated but fortunately, development remains ready to stem the tide. Case in point is the recent acreage purchased for the development of The Remington at Rockwall Downes, a 295-unit multifamily property. SWBC Real Estate LLC recently purchased 21.3 acres for the project, which will be situated within Rockwall’s Technology Business Park, located about a quarter of a mile south of Interstate 30 at John King Boulevard.

The entire site consists of 42.6 acres and is planned to be a two-phase project. Each phase will consist of 295 rental units, comprised of two- and three-story apartment buildings, constructed of stucco and brick veneer exteriors.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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