Garland, Texas – In a bold move signaling robust faith in urban revival and resilience against economic headwinds, Dallas’s Anthem Development has launched the initial segment of an expansive transformation at the Dallas Area Rapid Transit’s (DART) Lake Ray Hubbard station located in Garland, Texas, Dallas Metro News reported. This ambitious undertaking shines a beacon of optimism and architectural innovation in the current urban landscape.
Lofts iThirty: The Cornerstone of Urban Renaissance
Central to this groundbreaking initiative is Lofts iThirty, an impressive 340-unit residential behemoth situated strategically close to the transit station. This land parcel, originally set aside for a Sam’s Club outlet by retail giant Wal-Mart—which already has a presence nearby—found its way into the hands of Anthem Development.
Discussing the significance of this acquisition during turbulent economic times, Will McNutt, Anthem’s president, expressed, “We were able to close on this project during a period of volatility in the economy and capital markets where other groups are having difficulty getting their projects financed, especially development deals.” His statement, shared with Multifamily Dive, underscores the company’s visionary approach amidst prevalent market challenges.
The master plan for the site has been celebrated with the Urban Design Gold award from the American Planners Association, a testament to its outstanding contribution to community ethos and creating an unparalleled “sense of place.”
The overarching vision goes beyond a mere facelift for the Lake Ray Hubbard station. Anthem Development is setting the stage for the subsequent revitalization of two adjoining plots earmarked for retail and hospitality purposes.
Lofts iThirty promises to be an architectural marvel spread across five four-story edifices. Potential residents are promised a plethora of top-notch amenities: two water installations, dedicated pet-care centers, a recreation park, a gaming niche, a gourmet coffee bar, a sky-high remote-work lounge offering sweeping views, outdoor cooking areas, elevators for seamless navigation, and two avant-garde fitness centers sprawling over 3,500 square feet.
Location-wise, Lofts iThirty boasts a prime spot. Adjacent to the picturesque Duck Creek Trail and with rapid access to Interstate 30, residents will find themselves a brief 15-minute drive away from downtown Dallas’s vibrant core. All eyes are now set on the final unveiling of the project’s first residential segment, scheduled for the last quarter of 2024.
In conclusion, Anthem Development’s venture at DART’s Lake Ray Hubbard station represents a beacon of hope and progress, not just for Garland, Texas, but as a model for modern urban redevelopment.
