Multifamily

HOUSTON — Hines and its joint venture partner Hines Global REIT have broken ground on the 322-unit, seven-story WaterWall Place, a luxury multifamily community located on a three-acre site at the northeast corner of Hidalgo Street and McCue Road in Uptown Houston. Urban Oaks Builders is the general contractor and Wallace Garcia Wilson of Jackson Ryan designed the 316,000-square-foot complex, which will form a U shape surrounding a grand courtyard space. WaterWall Place will overlook Gerald D. Hines Waterwall Park. Amenities will include a resort-style swimming pool, fitness center, business center and seventh-level sky lounge. The new community is designed to achieve LEED Silver certification. Units are slated for occupancy in November 2013 and the community is slated for a June 2014 completion.

FORT WORTH — Dallas-based Fountain Residential Partners has begun construction of the 77-unit, 147-bed LoftVue, a student housing community located between McCart Avenue and Forest Park Boulevard in Fort Worth, one block from Texas Christian University's (TCU) campus. Units in the new community will feature granite countertops, high-end finishings, stainless steel appliances, an electronic key system, 50-inch flat screen TVs and a loft-style design throughout. Amenities will include an H2O deck with cabanas, an outdoor fireplace, entertainment kitchen, fitness center, clubhouse, study room, two electric vehicle charging stations and underground parking. LoftVue is Fountain's second student housing development near TCU, joining The Vue on University, which is fully occupied. Stuart Roosth Architects designed LoftVue and Centerpoint Builders is the general contractor.

DALLAS — Behringer Harvard has purchased a 3.9-acre tract of land in the 75-acre Victory Park and has begun construction at the site on The Arpeggio Victory Park, a 377-unit apartment community located at 2400 Houston St. in Dallas. Victory Park is a mixed-use development located on the west side of the Dallas CBD. Behringer Harvard is developing the community with Dallas-based Mill Creek Residential Trust. MCRT North Texas/Mountain States Construction, Mill Creek's construction division, will be the general contractor of the development. The property's amenities will include a cyber cafe, business center, fitness center, resort-style pool and dog park.