Cleveland-based apartment builder NRP Group is breaking ground this week on its Mountain Creek apartment community in Southwest Dallas.
The project is being built at 4868 S. Merrifield Road.
“Ascent at Mountain Creek, a 324-unit mixed-income multifamily community just 15 minutes outside downtown Dallas, will comprise 14 three-story, wood-frame residential buildings offering a mix of one-, two- and three-bedroom apartments,” according to NPR Group. “The community is also surrounded by rolling hills, lush forests, and hiking trails, a rarity in the Dallas-Fort Worth market.
Along with NRP Group’s purchase, Village West Dallas Development LLC, which is managed by Austin-based Houston Capital Management, acquired the adjoining 430 acres for future development. The properties are the largest undeveloped portion of the Mountain Creek development which dates back to the 1980s.NPR Group owns and manages multiple North Texas apartment communities.
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