Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Dallas-Fort Worth  + Apartments  | 
Bridgeview closes on two land parcels for Arlington/Denton rental communities

Bridgeview Secures Land for Two N. Texas Apartment Communities

BV Capital has funded the acquisition and development of nearly 30 acres of prime land for affiliate Bridgeview Multifamily LLC to build class-A apartment projects in the North Texas cities of Arlington and Denton. 

Bridgeview Multifamily acquired a 6.34-acre tract at 800 W. Bardin Rd. in Arlington, where it will develop a 250-unit class A project. Tentatively dubbed Mercantile Lofts, Bridgeview Multifamily’s plan calls for a four-story building with three-story wings with one- and two-bedroom units. Featured amenities include a pool, courtyard and single-level parking garage.

The developer also recently acquired a 22-acre tract at 3755 McKinney St. in Denton, the future home of a 360-unit upscale project. The Denton project will consist of 15 three-story buildings with one- and two-bedroom units. Amenities will include a clubhouse, pool, dog park and barbecue area.

“Having side-by-side developments makes good economic sense. It will create economies of scale for our general contractor, Bridgeview Construction,” says BV’s Rob Anderson.

Ground will break on both projects by midyear 2024.

Connect

Inside The Story

BV Capital

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • The Ascent

    San Antonio, TXTexas + Garden Style
    Listing Status:Available
    Listing Type:Highest & best offer
    No. of Units:154
    Average Occupancy:97
    Year Built:1965
    Building Size:102811 Sq ft
    Lot Size:4.88 Acres
    No. of Stories:2
    APN:518703
    Opportunity Zone:No
    Learn More
  • The Pointe Apartments

    Lubbock, TXTexas + Apartments
    Listing Status:Available
    No. of Units:90
    Year Built:1973
    Building Size:76167 Sq ft
    No. of Stories:3
    Opportunity Zone:Yes
    Learn More
  • ◦Development
New call-to-action
New call-to-action
New call-to-action