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TexasMultifamily

Wood Partners starts construction on luxury multifamily community in Dallas market

February 3, 2022
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National multifamily real estate developer Wood Partners has started construction of its newest luxury residential community—Alta at The Farm—in the Dallas area. With construction on the new apartment community currently underway, Alta at The Farm is scheduled to open in early 2023.

Alta at The Farm will be situated within The Farm, a newly constructed 135-acre mixed-use development in the Dallas suburb of Allen, Texas.  At full build-out, The Farm will host a mix of office, retail, entertainment and residential facilities.

Highlights of The Farm will include a 16-acre greenbelt and open space spanning the entire length of the development, a 2.5-acre lake and boardwalk with numerous dining options, multiple pocket parks and multi-use trails that connect to the broader Allen trail system. Furthermore, Alta at The Farm will be next door to the first Texas location of The Hub, a multifaceted outdoor entertainment and retail venue that originated in Watersound Beach along 30A in the Florida Panhandle.

Alta at The Farm’s midrise design will feature 325 apartment homes, offering residents a mix of studio, one- and two-bedroom floor plans. Each unit will provide best-in-class finishes including high-end kitchens featuring granite countertops, stainless steel appliances, upgraded fixtures, and tile backsplash, as well as in-unit technology, keyless entry, wood plank flooring and in-unit washer and dryer sets.

The development will also offer residents access to a top-tier amenities package, headlined by a resort-style pool with tanning ledges, a second courtyard with grilling areas and fire pits, a community clubhouse featuring a state-of-the-art fitness facility, private fitness micro-studios, and a Sky Room and roof deck overlooking West Lake Park.  There will also be remote working areas, social gathering spaces, and enhanced Wi-Fi throughout the common areas.

Pre-leasing for Alta at The Farm will begin in Winter 2022.

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