HOUSTON, TX Alliance Residential Company commenced construction on Broadstone West Dallas, a 246-unit apartment complex located in central Houston. Alliance closed on the land and broke ground in October, with initial lease-up slated to begin in the fourth quarter of 2012. Final completion is expected the second quarter of 2013.
The four-story development will be located at the intersection of West Dallas and Gillette streets, less than one mile west of the city’s central business district. West Dallas serves as a major east-to-west thoroughfare leading into the downtown area, which will allow the new community to enjoy high visibility and provide residents rapid access to midtown entertainment, employment, retail and dining opportunities.
“Broadstone West Dallas will be positioned adjacent to Houston’s central business district, and well-situated to take advantage of the continued growth along the West Dallas corridor,” says Brian Austin, Alliance Managing Director of Development for South Texas.
Upon completion, the community will offer one- and two-bedroom units averaging 833 square feet in size. Apartment homes will boast a full stainless-steel appliance package, including side-by-side refrigerators with icemakers and extra-deep stainless sinks with pull-out faucets; stained-wood cabinets with 42-inch uppers; granite countertops; pantries; Rocker-style light switches; tract lighting; washers and dryers; intrusion alarms; 10-foot ceilings; 8-foot entry doors; and Berber-style carpet in the bedrooms. Ground-floor units will also feature stained concrete flooring in the kitchen, living and dining rooms, while units on all other floors will offer Travertine tile in the kitchen, and simulated hardwood in the living and dining rooms.
Alliance intends to incorporate an impressive array of lifestyle amenities at Broadstone West Dallas, highlighted by a 5,000-square-foot clubhouse featuring a demonstration kitchen, massage room and iCafé. The community also will feature a large swimming pool, outdoor cooking facilities, standalone fitness center, central courtyard and separate park area.
Company Information
Alliance Residential is a fully-integrated multifamily real estate operating company focused on the development, acquisition, construction and management of residential and mixed-use communities in the United States. Headquartered in Phoenix, Alliance has 17 regional offices divided among six regions throughout the U.S. Over the past 11 years, Alliance has become one of the largest private apartment owners and the 15th largest management company in the nation, boasting a $6.0+ billion portfolio, and 48,000 units in 24 metropolitan markets. Alliance has a presence in 15 states (including Arizona, California, Colorado, District of Columbia, Florida, Georgia, Maryland, Nevada, New Mexico, New York, Oregon, Texas, Utah, Virginia and Washington) and is actively seeking management, development and acquisitions opportunities across the markets it serves. For more information, visit www.allresco.com.