Provided By: http://www.dallasnews.com/business/commercial-real-estate/headlines/20140730-apartments-more-single-family-homes-coming-to-joe-pool-lake-community.ece
Developer Hanover Property Co. will build a $43 million apartment community on Joe Pool Lake in Grand Prairie.
The
project is part of the Mira Lagos master-planned community, which
Dallas-based Hanover is developing with Alpha-Barnes Real Estate
Services.
Work on a new single-family-home community is also
underway in Mira Lagos, which is on the peninsula at Joe Pool Lake on
Lake Ridge Parkway and has 2,000 houses.
“This addition of luxury
apartments in Mira Lagos introduces another high-end product for those
who prefer to rent rather than own in a master-planned community,” Dick
LeBlanc, president of Hanover Property, said in a prepared statement.
The
Enclave at Mira Lagos apartments will have 310 units; 199 will be built
in the first phase. Demarest Architecture designed the buildings.
The apartments will also have a clubhouse, a fitness center and a large resort-style pool.
Located
south of Interstate 20, the 1,000-acre Mira Lagos will have 171 lots in
the next phase of single-family homes. Houses are planned by Grand
Homes, Bloomfield Homes and First Texas Homes and will be priced from
more than $300,000 to almost $700,000.
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