New Castle Hills Apartment Complex

by Liz | July 19, 2019 4:07 pm

New Castle Hills Apartment Complex

by Steve Gamel

Castle Hills continues to expand as more families and businesses flock to one of North Texas’ fastest-growing communities. And now, they will have even more options when it comes to where they want to live, work, and play.

Bright Realty, a full-service commercial and residential real estate company, has broken ground on Phase II of Castle Hills’ luxury apartment community, Discovery at The Realm. The Realm is a multi-family development located in the master-planned The Realm at Castle Hills community. Per a press release, this project will include 312 new apartments and 271,868 square feet of multi-family space, bringing the total number of units to 735.

It is also one of several mixed-use developments currently underway in the community, including multi-family, office, condos, retail, single family, and entertainment additions. Phase II is located just south of Windhaven Parkway at Castle Hills Drive in Lewisville, just off State Hwy. 121/Sam Rayburn Tollway.

“Texas continues to be the top destination in the country for business, and people who live and work here need a variety of residential products to choose from,” Bright Realty CEO Chris Bright said in the press release. “Our multi-family residents have an average household income of $70,000 a year, so they have several choices when it comes to where they want to live. They are telling us they want the advantages of a suburban setting – outstanding schools, access to a large airport and major employers – while living in a walkable, urban-type setting that allows them to upgrade over time without leaving that community.”

The first phase of Discovery at The Realm delivered 423 high-end apartments and amenities, including a staffed, resident-only bar and lounge, in 2016. The second phase of Discovery at The Realm apartments is set to open in late 2020. It will feature two 4-story over podium buildings with 312 luxury apartments and high-end amenities such as a dog park with bench seating, a second fitness center and flex work-out/yoga room, bocce ball court and landscaped, outdoor seating areas with barbecue grills, fire pits, and water features.

The property will also include an extensive trail system that connects to the current Discovery trail system and, upon completion, will connect to the much larger system throughout The Realm at Castle Hills community.

In addition to its luxury amenities, the press release states that Discovery at The Realm is equipped with an award-winning Variable Refrigerant Flow (VRF) heating and cooling system. The system was recognized in 2018 by the National Association of Home Builders for its “Game Changing Technology” in energy efficiency.

This phase of construction complements several projects currently underway or planned, including:

Phase I of The Realm at Castle Hills, Offices at The Realm, includes a nine-story development currently leasing office and first-floor restaurant and retail space.

Phase II of The Realm at Castle Hills, currently under construction, features a 260-unit, five-story apartment community with ground-floor restaurant and retail space. The first units are expected to deliver in late 2020.

Sojourn at The Realm is an 80-unit condo project under construction and pre-selling now.

Cottages at The Realm is a unique, all new rental home community that is now leasing three- and four-bedroom houses.

Crown Centre is a planned mixed-use development that will include a corporate campus, apartments, and retail.

For more information on the project visit www.BrightRealty.com[1].

Endnotes:
  1. www.BrightRealty.com: http://www.BrightRealty.com

Source URL: https://castlehillsmagazine.com/new-castle-hills-apartment-complex/