364-unit multifamily development near Lake Lewisville to open in fall 2019

Lakeyard District will be located less than 1 mile from the Sam Rayburn Tollway and near the Grandscape development.

Lakeyard District will be located less than 1 mile from the Sam Rayburn Tollway and near the Grandscape development.

Leon Capital Group, a Dallas-based investment company with a focus on real estate, announced in a Dec. 6 news release the development of Lakeyard District, a Class A 364-unit multifamily community at 1000 Lake Ridge Road, Lewisville.

Located on a 15.2-acre site less than 1 mile off the Sam Rayburn Tollway and near the Grandscape development, the community will be composed of eight three-story buildings in a contemporary, Texas Hill Country style. Pre-leasing is expected to begin in August, and the first units are targeted for delivery in November.

“This is a great opportunity to bring a sophisticated and stylish multifamily community to a thriving area of North Texas,” said Carl Starry, Leon Capital Group’s multifamily regional director in a news release. “The location is a key feature with excellent proximity to some of the largest employment hubs in the area, including Legacy West and Hall Office Park, with even quicker access to the DFW International Airport.”

Lakeyard District will offer a variety of one-, two-, and three-bedroom floor plans with top-of-market interior finishes, including stainless steel appliances, tall ceilings. high-end cabinetry and granite counters. On-site amenities include more than 3 acres of programmed open space, including outdoor TV lounges, cabanas, hammocks, a fire pit, a dog park and several grilling stations. A multilevel infinity-edge pool with custom water features as well as a fitness center that is open 24 hours a day with a yoga and spin class studio round out the amenity package.

By Sherelle Black

Sherelle joined Community Impact Newspaper in July 2014 as a reporter for the Grapevine/Colleyville/Southlake edition. She was promoted in 2015 to editor of the GCS edition. In August 2017, Sherelle became the editor of the Lewisville/Flower Mound/Highland Village edition. Sherelle covers transportation, economic development, education and features.


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