Boston, MA – (November 14, 2019)
GID announced today that it has acquired Metro West, a 400 unit apartment community located in Plano, Texas within the Legacy West mixed-use development. The development has become one of Dallas’ most vibrant live-work-play environments. The Property is located at the north end of Windrose Avenue, the main retail and entertainment avenue within Legacy West, and adjacent to JP Morgan and Liberty Mutual’s regional headquarters.
Metro West is located 20 miles north of downtown Dallas along the Dallas North Tollway. The Property consists of two five-story residential structures wrapped around a 583-space structured parking garage. It contains 86 studios, 219 one bedroom units, and 95 two bedroom units. Amenities at the Property are extensive with a TRX fitness center, large pool deck with fan-cooled cabanas, two thoughtfully landscaped courtyards, a 30,000 square foot enclosed dog park, a dog wash room with natural lighting, and a clubhouse and gaming lounge.
Matt Stuart, Senior Vice President and Director of Western Region Acquisitions at GID commented, “This transaction will give Windsor presence within the highly dynamic Legacy West neighborhood of Plano. It offers residents proximity to a wide array of high-end retailers and a broad mix of employers. We are pleased to add such a well located asset to our Dallas Portfolio.”