Due to a bankruptcy, developer Greystar purchased the land and built the Elan City Lights apartment complex in 2013 just east of Downtown Dallas. The previous owners planned on having a $175 million grocery store-anchored community but the plans never got off the ground. Greystar came in and built the apartments, which has been a huge success. Currently with 4 acres of apartment rentals with a 5-story building, Greystar is now looking to expand. The South Carolina-based apartment investors have already started construction on a huge high-rise apartment complex across the street from the American Airlines Center. With that and new plans to start construction on phase two of the Elan City Lights apartments, Dallas is looking to close the gap on the need or more housing. With more and more companies moving to Dallas, we are in need of apartment rentals. So keep a lookout for these new apartments complexes to finish out and reserve your spot!
Rogers Healy and Associates Real Estate is a DFW based residential and commercial real estate company that was founded in 2007 by Rogers Healy. RHAdfw is passionate about developing long lasting relationships with clients while representing them to buy, sell or lease any home in DFW.