Condo Cool

New condos invigorate historic Dallas neighborhood with swank features

It’s no secret that homebuyers will pay a pretty penny for a great location, but it doesn’t necessarily have to be this way. If you know where to look, Dallas has some affordable hot spots with appealing homes, and Stillwater Capital’s new Greenwood Flats is one of those finds.

The 36-condo community is located behind the Granada Theater on McCommas Boulevard, adjacent to historic Lower Greenville and just four miles north of downtown. When the plot of land went up for sale, Stillwater Capital saw its potential and jumped at the investment. At the time, there were longstanding homes that could not be salvaged due to city health concerns and thus, introducing the concept of Greenwood Flats seemed the best solution.

With 14 layouts from which to choose, the condos all offer two bedrooms, a study, and tons of amenities. The floorplans are open and make for ideal entertaining spaces. Large kitchen islands, soaker tubs, and a clean, modern aesthetic, along with contemporary features such as stainless steel appliances, polished-chrome fixtures, and well-designed private terraces, lengthen the list of perks.

There are no worries about city parking hassles since secure, reserved, underground parking is easily accessible to residents. You’ll also live free of yard worries, as the HOA contracts all landscaping, plus takes care of general property maintenance, security, exterior insurance fees, and natural gas charges. The property is purposefully pool-free in an effort to keep fees low for residents.

Prices start in the high $300s, which is quite a deal considering all the perks and the prime spot. The condos appeal to young professionals who are ready to stop renting and start investing, and the community is offering an incentive to do so. If you’re ready to move but are worried about the burden of breaking a current lease, Greenwood Flats is willing to offer financial help to compensate.

Ready to check it out? Stop by Saturday, September 9, from 12-6 pm for the onsite block party. Tour the property and grab a tasty bite or beverage — a variety of food trucks will be there to celebrate.

Every floorplan at Greenwood Flats is designed so that the flow of traffic moves easily through the home.

Photo courtesy of Greenwood Flats

Every floorplan at Greenwood Flats is designed so that the flow of traffic moves easily through the home.

Million-dollar homes

Multi-million-dollar gated home community The Preserve rises in Frisco

Preserve

A palace on the prairie of The Preserve in Frisco

Construction has begun on a multi-million-dollar custom home community in Frisco. Called The Preserve, it's situated among PGA Frisco’s championship golf courses and near the Omni PGA Frisco Resort, with multiple phases that will roll out over the next few years.

The Preserve is part of Fields, a 2,500-acre development in North Frisco off the Dallas North Tollway. Fields is co-developed and owned in partnership with The Karahan Companies, Hunt Realty Investments alongside investors Chief Partners and Cross Tie Capital.

The development will feature retail, dining, entertainment, hotels, corporate offices, native Texas plants, flowers, trees, and 250 acres of park space. It's designed by the same team responsible for Plano’s Legacy West, led by Fehmi Karahan.

Phase 1 of The Preserve will feature 233 homes crafted by 10 North Texas luxury homebuilders: Alford Homes, Coats Homes, and Starside Builders have all begun home construction. The other seven are The Preserve Bella Custom Homes, Endurance Homes, Faulkner Perrin Custom Homes, Hawkins-Welwood Homes, Shaddock Custom Builders & Developers, Sharif & Munir Custom Homes, and Ventura Custom Homes, for whom construction will start soon.

The Preserve Frisco The Preserve in Frisco, soon to be covered with homes.The Preserve

Lot sizes range from 6,800 square feet to more than an acre. Home design options will incorporate high ceilings, open floor plans, glass walls, and seamless transitions between indoor and outdoor such as patios, infinity pools, and landscaped exteriors.

The surrounding area will have more than 2,000 new trees plus views delivered via design elements such as floor-to-ceiling windows and expansive outdoor living areas.

Many of the homes will address sustainability, health, and wellness with green architecture, energy efficiency, water conservation, and recycled building materials.

It will combine the privacy of a gated community with resort-style living, featuring amenities such as the PGA golf courses, 20+ miles of hike and bike trails, and the exclusive Brookside Club with an expansive swimming pool, state-of-the-art fitness center, tennis and pickleball courts and a playground.

Prices will start at $3,500,000.

Hunt Realty SVP Todd Watson calls it one of the most anticipated mixed-use projects in the area -- æa perfect location for discerning buyers seeking their forever home or a secondary residence" — although he's involved with the project so he's probably biased.

“As part of the Fields development, with prominent neighbors like PGA of America and the Omni PGA Frisco Resort, we know The Preserve will be one of the most sought-after addresses in North Texas," Watson says.

According to the Frisco Economic Development Corporation, Frisco’s population has increased by 500 percent in two decades and was recently recognized as the fastest growing city in Texas and third across the U.S.

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