GARLAND – OM Housing is building the 112-unit Lakeview Pointe Apartments, a $30 million rental community on Lake Ray Hubbard.
The 122,000-sf project at 3102 Zion Rd. will have a third of the units priced at market rate. The rest will be at affordable rates.
Amenities will include a swimming pool, clubhouse with kitchen, coffee lounge, and children’s activity center.
The community will be built using tax credits from the Texas Department of Housing and Community Affairs.
Bank OZK, Capital One Bank, Freddie Mac, and Boston Financial provided financing for the project.
HEDK Architects designed the project. The general contractor is Spring Valley Construction.
Completion is set for fall 2021.
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Source: Dallas Morning News