Lakeside Village is a 40-acre resort community on Lake Grapevine in Flower Mound. 3111 Sunset will be a 16-story luxury residential tower with views of the lake, according to a Realty Capital Residential news release.
The project consists of one-, two- and three-bedroom units, which include penthouses and townhomes. The average unit size is 1,485 square feet, and guest suites will be available for residents to reserve. It will also include 6,000 square feet of retail and restaurant space and a five-level parking garage, according to the release.
Building amenities include a sixth floor landscaped pool deck, a full-service bar, a 14th floor private dining room, 24-hour attended lobby, concierge, valet parking, billiards room, golf simulator and a 50-foot lap pool and spa, according to the release.
Construction, which is being done by Archer Western, is underway and is anticipated to be completed by early 2025.
“3111 Sunset provides a wonderful living option for empty nesters and retirees that currently live in large homes in Southlake, Colleyville, Flower Mound, and other neighboring suburbs,” President of Realty Capital Residential Alex Brown said in the release. “We have learned that many people want to downsize and live a low maintenance lifestyle. They want an exceptional place to live that also provides exceptional services.”
Lakeside Village is the final phase of the 160-acre Lakeside mixed-use project that includes lakefront restaurants, hotels, shops, Class AA offices, a private social club, trails, an amphitheater, custom homes and a variety of high-rise residential options, including the existing 15-story Lakeside Tower condominiums.
“After working on and marketing the first residential tower in Lakeside, Lakeside Tower, we learned a great deal about what amenities and building features residents desire,” Brown said. “The feedback we continue to receive from residents is that despite the wealth of amenities in the building, the beautiful views of Lake Grapevine and Lakeside’s walkability are what make it such a special place to live. Dining on your balcony at sunset on the lake and walking to restaurants and shops provides a lifestyle that one cannot get anywhere else in the metroplex.”
The Peter P. Stewart family has owned the property since 1973 and selected Realty Capital as Lakeside’s master developer in 2011. Since Lakeside began, nearly $1 billion of projects have been built, according to the release. Lakeside Village will bring forth another $1.5 billion of projects.
“We are excited to be under construction on the second residential tower in Lakeside Village,” Brown said. “Lakeside Village is truly a legacy project and we are honored to be a part of the extensive team executing the Stewart family’s vision for this incredible property.”
For more information about 3111 Sunset Boulevard, contact Alex Brown, president of Realty Capital Residential at 469-533-4137 or [email protected].
