SWBC Real Estate Purchases Land in Celina for Multi-Family Development
SAN ANTONIO/DALLAS (June 9, 2021) – SWBC Real Estate, LLC, announced that it recently purchased nearly 24 acres in Celina, Texas, for the development of a two-phase, 540-unit Class A multi-family property. The properties will be located at the intersection of Legacy Drive and Frontier Parkway situated just to the west of the Dallas North Tollway in northern Dallas-Fort Worth.
The Royalton at Creeks of Legacy™ will be the name of the first-phase of the property, which will be comprised of 270 units, constructed of stucco and brick veneer exteriors. The average size unit will be 900 square feet with one-bedroom, two-bedroom, and three-bedroom units. Stylish interior features include hardwood-style flooring and granite countertops in kitchens and bathrooms, a stainless steel designer appliance package, built-in wine racks, generous walk-in closets and storage, and washer/dryer hook-ups. A portion of 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; and a dog park.
“We are very excited to have the opportunity to be involved in the tremendous amount of growth that is occurring in Celina. With our locations just to the west of the recently extended Dallas North Tollway, we believe that these two properties will be situated right in the path of growth,” said Stuart Smith, Chief Operating Officer of SWBC Real Estate.
SWBC Real Estate plans to begin construction for the first phase in the second quarter of 2022. The proposed total construction time from start to finish is 24 months. For the project, SWBC Builders will be the general contractor and Cross Architects is the architect
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.