(For more retail coverage, click GlobeSt.com/RETAILthe multifamily market, click here.)

RICHARDSON, TX-With nearly two years invested into the planning,Legacy Partners Residential Development Inc. has taken down a4.3-acre tract at the heart of Galatyn Park. Construction willbegin Jan. 2 on 285 apartments and about 6,000 sf of MainStreet-style retail.

The Foster City, CA-based Legacy and New York City equitypartner, BlackRock Realty Inc., plan to begin deliveringthe Venuein spring 2008. Completion is eyed for late 2008. Themusical/theatrical design theme plays off its front row-seatlocation to the city's Charles W. Eisemann Center for thePerforming Arts.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.