SWBC Real Estate Begins Construction on The Royalton at Grand Prairie™
SAN ANTONIO/DALLAS (October 30, 2019) – SWBC Real Estate, LLC, announced that through a partnership with International Capital, LLC, it recently began construction on the development of The Royalton at Grand Prairie™ – a new 300-unit Class A multi-family property. The Royalton at Grand Prairie will be situated along the President George Bush Turnpike and Interstate 20.
The Royalton at Grand Prairie will be comprised of three-story apartment buildings, constructed of stucco and brick veneer exteriors. The average size unit will be 886 square feet with one-bedroom, two-bedroom, and three-bedroom units. Stylish interior features include hardwood-style floor and granite countertops in kitchens and bathrooms, a stainless steel designer appliance package, generous walk-in closets and storage, and washer/dryer hook-ups. A portion of the first-floor units will also have private yards and direct access garages. Tenants will also enjoy a first-class clubhouse with a resort-style pool, sunning decks, and Wi-Fi capability; outdoor gathering areas and grills; a state-of-the-art fitness center; a spin and yoga center, a dog park; and package lockers.
The Royalton at Grand Prairie will be located just 10 miles south of the Dallas/Fort Worth International Airport, approximately 13 miles west of downtown Dallas, and 16 miles east of Fort Worth.
“This area of Grand Prairie is a high-growth area and centrally located,” said Stuart P. Smith, Senior Vice President of SWBC Real Estate. “The site is near a number of major retail stores and restaurants, major employers, and both the AT&T Stadium and Globe Life Park.”
The proposed total construction time from start to finish is 20 months. Financing for the development was provided by Bank of Texas. The General Contractor for the project is Galaxy Builders, the architect is Cross Architects, and the engineering firm is G&A Consultants.
About SWBC Real Estate
SWBC Real Estate, LLC (swbc.com/real-estate) is owned by SWBC Enterprises, Ltd. SWBC Real Estate is managed by an experienced team of real estate professionals located in Dallas, Texas, with a primary focus in multi-family development. SWBC Enterprises, Ltd. is owned by Charlie Amato and Gary Dudley, co-founders of SWBC. As a diversified financial services company, SWBC provides financial institutions, businesses, and individuals a wide range of insurance, mortgages, wealth management, employee benefits, and more. Headquartered in San Antonio, Texas, SWBC has partners and divisions across all 50 states and manages business around the world. No matter how wide its reach, SWBC always listens to its customers’ needs, analyzes their current situations, and recommends customized solutions. For more information about our innovative approach to personalized service, visit SWBC’s website at swbc.com.
International Capital, LLC
International Capital, LLC, is an investment advisory firm based in Dallas, Texas, and has been in existence for more than 40 years. International Capital (international-capital.com) sources its capital mainly from families in Europe and the Americas.