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Palladium Delivers $30M Lewisville Rental Community
Palladium USA started work on Palladium Lewisville – a new $30 Million, multi-family community in Lewisville. The four-story development has residences featuring 90 units of one-, two-, and three-bedroom floor plans with amenities that will include a swimming pool, fitness center, conference center, business center, children’s playroom, and clubroom containing a mini-kitchen with upgraded appliances and quartz countertops.
Construction has started. The company hopes to deliver the clubhouse and first units in December of 2025.
Arrive Architects designed Palladium Lewisville, and Treymore Construction is the general contractor teaming up with Operation Community Care Living to complete the construction. The Texas Department of Housing and Community Affairs provided $15 million of 9% Housing Tax Credits, PNC Bank provided $13.3 million of equity and over $10.8 million of long-term debt, and TDHCA provided $4.4 million of MFDL funding for this placement.
The new 2.69-acre multi-family community is located at 305 E. Round Grove Road in Lewisville.
- ◦Development
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