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Real Estate Lewisville development adding 324-acre mixed-use project with condos, office, retail

Lewisville development adding 324-acre mixed-use project with condos, office, retail

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Bright Realty is expanding its Castle Hills development in Lewisville.

The newest phase is The Realm at Castle Hills, a 324-acre, mixed-use project currently under construction. The Realm features 80 luxury condominiums that will begin pre-selling in February 2019. The Realm at Castle Hills, located just west of State Highway 121/Sam Rayburn Tollway and Josey Lane in the Castle Hills community in Lewisville, will include office, dining, retail, entertainment and multi-family components. The first phase, Offices at The Realm, a nine-story Class AA office building with 235,000 square feet of office space, 15,000 square feet of first-floor restaurant space and park/outdoor entertainment space, is set to deliver this fall.

The Sojourn at The Realm condominiums will feature first-floor retail and garage parking in two five-story buildings located just south of the 121/Sam Rayburn Tollway and Castle Hills Drive intersection.

The condominiums will have eight floor plan options, up to three bedrooms, with residences ranging from 956 to 1,600 square feet. Pricing starts around $200,000. This is the second Bright Realty condominium project in Castle Hills. Its Village Shops destination, with unique eateries and neighborhood conveniences in the heart of the Castle Hills community, offered condos situated above retail in August 2017.Those sold out within two months of delivery.

“There is a demand for condos in the Castle Hills area, especially for empty nesters like grandparents who want to live close to family, those seeking an affordable alternative to a single-family home and those looking for access to great amenities and connectivity. While there are a few townhome options in the area, the condominium market is very lean and this product will fill a need for several buyers,” said Chris Bright, CEO of Bright Realty, “including those who want a low-maintenance lifestyle but the benefits of homeownership.”

Homeowners at The Sojourn will be able to walk or bike to The Realm using the future connected trail system, as well as enjoy a community fitness center and pool. Buyers will be able to select from one of four design schemes. Interior amenities in every home include hardwood-like floors, gourmet kitchen islands, granite countertops in kitchens and bathrooms, frameless showers, stainless steel appliances and 12-foot sliding glass doors leading to spacious balconies. Buyers also have the option of reserved spaces in the covered garage parking. The condos will be ready for move-in late 2019.

The Sojourn at The Realm complements Bright Realty’s unique all-rental, 72 single family home community, Cottages at The Realm situated next to the condos; as well as Discovery at The Realm, a luxury 423-unit multi-family development; its approximately 4,500 single family homes; and its condo and townhome products available within the Castle Hills Village Shops.

“The DFW area continues to be a draw for job seekers and corporations. It’s home to more than 100,000 businesses and 1,500 corporate headquarters, ranking fourth in Fortune 500 corporate headquarters,” said Bright. “The ‘platinum corridor’ has played a huge part in the area’s growth with corporate relocations and its proximity to DFW International Airport. The community needs housing at varying price points and lifestyle products to support people moving into the area, as well as those moving within the area, as their lifestyle needs or preferences change.”

The Sojourn at The Realm architect is 505 Design based in Boulder, Colorado; Regent General Contractors is the builder; and Landmark Bank is the lender. Additional phases of The Realm include a large amphitheater entertainment district and additional multi-family living opportunities.

www.CastleHills.com

This story has been updated to reflect that Regent General Contractors is the builder. 

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