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


Texas  + Dallas-Fort Worth  + Apartments  | 
Richardson's Trellis hotel converting to apartments

Richardson Okays Hotel-to-Apartment Conversion

The Richardson City Planning Commission greenlighted the conversion of a former hotel into an apartment complex in Richardson. The approval will allow developer Blue Ocean Real Estate to more easily convert hotel rooms inside the former Trellis extended-stay hotel, located between North Collins Boulevard and US 75, into studio and one-bedroom apartments.

The sizes of the rooms will be a minimum size of 350 square feet for studio apartments and 400 square feet for one-bedroom units.

The apartment complex will have units spread across four buildings with a main clubhouse area.

Blue Ocean says its strategy is acquiring well-located properties with deep value creation potential across all Real Estate product types. Typical scope includes moderate-to-heavy rehabilitation over a three-to-five year period.


Inside The Story

Blue Ocean

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.

  • ◦Development
New call-to-action
New call-to-action