December 5, 2018
Legacy Partners and HGC Investment Management nabbed a 3.4-acre site in Irving, TX. The Foster City, CA developer and Canadian investment company are planning a 293-unit apartment complex, dubbed Legacy Lakeshore, on the site which fronts Lake Carolyn in the Las Colinas Urban Center.
IPA and Transwestern brokered the land sale, and HFF provided assistance with debt and equity financing.
The complex, designed by Rees Associates Inc., will offer lake views, an on-site fitness center, outdoor kitchens with grilling stations, a pool and hot spa with sunbathing decks, and a doc with paddleboards and kayaks for residents’ use. The property will be near transit provided by Dallas Area Rapid Transit (DART) and Las Colinas’ Area Personal Transit System (APT).
Legacy Lakeshore is scheduled to deliver in 2020.
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