SWBC Real Estate purchases land in Flower Mound for multi-family development

180x150-SWBCSWBC Real Estate, LLC, announced that it recently purchased nearly 11 acres of land located within The River Walk at Central Park – a master-planned, mixed-use community in Flower Mound, Texas. The company plans to break ground on a 357-Unit Class A multi-family property in July of 2014.

Riverwalk Village will be comprised of 357 rental units, in 12 streetscape-style apartment buildings, constructed of stucco and brick veneer exteriors. The average unit size will be 857 square feet with one-bedroom, two-bedroom, and three-bedroom units.  Stylish interior features include nine-foot ceilings, walk-in closets and storage, crown molding in formal living areas, stainless steel appliances, and granite countertops. Tenants will enjoy a first-class clubhouse with a resort-style pool and spa, state-of-the-art fitness center, direct access or detached garages, a private entrance gate system, and waterfall and river walk views.

“Only one multi-family property has been built in the past 12 years in Flower Mound,” said Stuart Smith, SVP, SWBC Real Estate. “With its location in the heart of the Dallas/Fort Worth Metroplex and easy access to major thoroughfares, Riverwalk Village will attract tenants looking for first-class amenities in close proximity to numerous retailers, restaurants, and entertainment venues that are being built in The River Walk at Central Park community.”

SWBC Builders, LLC, an entity of SWBC Real Estate, will be the general contractor for the project. The proposed total construction time for Riverwalk Village from start to finish is 20 months. In addition to this project, SWBC Real Estate is currently developing two other multi-family projects – Overlook Ranch in Fort Worth and Twin Creeks at Alamo Ranch in San Antonio.

About SWBC Real Estate
SWBC Real Estate, LLC (www.swbcrealestate.com) is owned by SWBC Enterprises, Ltd. SWBC Real Estate is managed by an experienced team of real estate professionals located in Dallas, Texas, with a primary focus in multi-family development. SWBC Enterprises, Ltd. is owned by Charlie Amato and Gary Dudley, co-founders of SWBC. SWBC is a diversified financial services company providing a wide range of insurance, mortgage, and investment services to financial institutions, businesses, and individuals. With offices across the country, SWBC is committed to providing quality products, outstanding service, and customized solutions in all 50 states. SWBC was named one of the “100 Best Companies to Work for in Texas” in 2012, 2013, and 2014. For more information, visit www.swbc.com