Toll Brothers Apartment Living spokesperson John M. Piedrahita said leasing for the 379-unit development is slated to begin in the first quarter of 2022. The full community is expected to be completed by summer 2022, Piedrahita said.
The four-story development will be located on a 4.9-acre site with a parking garage featuring 476 spaces. Ferro will also offer an assortment of amenities, including a makerspace, a resort-style pool, an outdoor theater and a dog park.
“Ferro is our fourth rental community in DFW and reflects our growing pipeline in this market,” Toll Brothers Apartment Living President Charles Elliott said in a statement. “Due to its diversified economy, continued job growth and its high quality of life for residents, North Texas continues to be a very attractive market for us.”
Ferro will be located near the site of Dallas Area Rapid Transit's 12th Street station as well as the Silver Line project. That planned 26-mile line will connect seven cities and four counties in the North Dallas area, including the city of Plano, and is expected to be in service by March 2023. www.liveferro.com