DALLAS--Palladium USA International, along withits development partner NE Development, hasbroken ground on 7.4 acres of land in the LakefrontDistrict of Little Elm for a mixed-use community thatwill include 203,090 square feet of luxury rental homes and 6,000square feet of retail and restaurant space.

The retail development from the Dallas-based companies will belocated at the southeast corner of Eldorado Parkway and MainStreet, across from Hydrous WakePark, HulaHut and Towers Tap House.

"This segment of North Texas is growing at an incredible paceand we wanted to be a part of this growth by providing a high-end,mixed-use development in the City of Little Elm," TomHuth, president and CEO of Palladium USA, toldGlobeSt.com. "With the tremendous growth in Little Elm andsurrounding communities, along with the huge appeal and amenitiesof the Lakefront District, we see tremendous potential in this newdevelopment."