Legacy Partners & Pondmoon Capital Break Ground on 296-Residence Mixed-Use Community in Lewisville, TX

Legacy Partners, a privately held national real estate firm based in California, and Pondmoon Capital Holdings USA, announced the groundbreaking on Merit, a 296-residence mixed-use community in Lewisville, TX. The community is located on Interstate 35E, approximately 15 miles equidistant from the two largest office submarkets in the Dallas-Fort Worth Metroplex. The community is scheduled to deliver mid-2023.

The Lewisville apartment community will feature one-, two-, and three-bedroom layouts ranging from 630 to 1500 square feet. The11.1-acre site will also include three small restaurant spaces comprising a total of 2,300 square feet that share a large open-air patio overlooking a spacious public dog park nestled in natural terrain.

Jordan Cortez, Mason John, and Haley Birmingham of Vanguard Real Estate Advisors, a Dallas-based real estate advisory and capital markets firm, represented Legacy Partners. TJ McNeece of Legacy Commercial Group represented the Seller. Berkadia JV Equity & Structured Capital, led by Noam Franklin, Chinmay Bhatt and Cody Kirkpatrick, was engaged to source the equity partner for Legacy. Dallas-based JHP Architecture is the designer for Merit, and the general contractor is Provident General Contractors.