Grand Prairie rental project planned by Dallas builder

Dallas-based apartment builder Trinsic Residential Group is planning another apartment project in Grand Prairie.

The developer is finishing work on its Aura Southgate rental community on Davis Road. The project is part of the Southgate mixed-use development that’s planned for apartments, retail, office and townhomes.The first 303-unit, four-story phase of the project started construction more than a year ago. The builder plans to start construction early next year on the second phase of the development.

A Dallas-Fort Worth real estate agent and his ex-wife were indicted by a federal grand jury for allegedly collecting more than $2.25 million from investors in a Seattle real estate fund and transferring hundreds of thousands of dollars to themselves.Dallas-based developer Provident Realty Advisors and investor Trez Capital are teaming up to build a luxury recreational vehicle resort about 15 minutes south of downtown Fort Worth in Burleson.south of downtown Plano.

Source: Entertainment Trends (entertainmenttrends.net)

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