Streetlights Moving Dirt on Phase III of Viridian Project

Streetlights Moving Dirt on Phase III of Viridian Project
News| July 7, 2025| Mike Boyd
Texas + Apartment Buildings

StreetLights Residential started work on the third phase of its multifamily development within Viridian in Arlington. Situated on 2,000 acres between Dallas and Fort Worth, Viridian offers 500 acres of parks and open space, another 500 acres of protected wetlands and open water, and miles of nature trails.

StreetLights completed the first two phases of the project—The Jackson and The Louise (photo).

The new phase will feature a diverse mix of studio, one- and two-bedroom residences, along with 68 townhomes—many with direct access to green space and lake views. Select homes feature screened-in porches, under-counter beverage centers, and lake-facing balconies.

The community features a series of buildings arranged to maximize views over the central pool courtyard and the Lake Viridian shoreline. Residents will enjoy a fitness center that opens to a fitness lawn, a co-working lounge with private work suites, and an event space connected to outdoor dining, grills, and gathering areas. The clubhouse includes a billiards room, card lounge, and direct access to resort-style cabanas and daybeds surrounding the pool.

Other News

One Beverly Hills Reaches Milestones Ahead of Schedule

California & West + Apartment Buildings

The development team behind One Beverly Hills (1BH) said construction on the $10-billion luxury mixed-use project is proceeding ahead of schedule. The Beverly Hilton expansion structure topped out approximately 10 weeks ahead of schedule and one of the residential towers is progressing six weeks ahead. “This was accomplished while significant operations were maintained at The...

Learn more

Metro Loft, David Werner Secure $231M Loan for Midtown East Residential Conversion

New York & Tri-State + Apartment Buildings

Northwind Group has originated a $231-million first mortgage construction loan for 675 Third Ave., a 32-story, 337,000-square-foot office building in Manhattan’s Midtown East neighborhood that is slated for conversion into residential apartments. The conversion is being led by a joint venture between Nathan Berman’s Metro Loft Management and David Werner Real Estate Investments. Loan proceeds...

Learn more

Rental Affordability Declines in Most Metros, but Improved Housing Quality is a Factor

Apartment Buildings

Rental housing affordability declined in 82% of U.S. metropolitan areas between 2014 and 2023, with renters experiencing the equivalent of an average $256 annual reduction in income after accounting for changes in housing quality. That’s according to a new report released Tuesday by the Mortgage Bankers Association’s Research Institute for Housing America. The report, Housing...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up