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BALCH SPRINGS, TEXAS — Louisville-based LDG Development LLC will develop Villages at Ambassador Way, a $29 million mixed-use project that will be located at the corner of Ambassador Way and Gaiter Drive in Balch Springs, an eastern suburb of Dallas. Upon completion of construction, the first phase of which is scheduled to begin within the next month, the project will offer 221 multifamily units and 24,000 square feet of retail space. Residential amenities will include a pool, outdoor grilling area, theater room, fitness center, computer lab, playground and walking trails.