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Key Facts
Year Built | 2018 |
Building Area |
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Property Description
JLL is pleased to present a SHOVEL READY 4.8 ACRE, 300 UNIT MULTI FAMILY ENTITLED SITE in Lewisville, TX.
Investment Highlights
• 4.8-acre multifamily site available for sale in the 130-acre master planned community of Crown Centre.
• Located in the 2,900-acre master planned golf course community known as Castle Hills
• Just south of Lake Lewisville in the highly-sought area of Sam Rayburn Tollway and SH 121 Business, this opportunity is one of the only remaining tracts of developable infill land in DFW of this size and magnitude. 12-miles northeast of DFW International Airport, 7 miles west of Legacy and less than
5- miles from the recently developed Nebraska Furniture Mart .
• Crown Centre’s designed plan and remaining entitlements include 2,000 apartment units, 500 hotel keys, 3.4 million SF of office, and 200,000 SF of additional non-residential
• A unique Public/Private Partnership exists with the City of Lewisville and Denton County to provide funding for roads, water, sewer, drainage, and park spaces (and others uses) through a Public Improvement District/Fresh Water Supply District (“PID #5” or “FWSD 1-G”) and a Tax Increment Reimbursement Zone (“TIRZ #3”).

