3111 Sunset
Flower Mound, TX
Under Construction | Delivering Q1 2025
![Texas](https://www.creeklanecapital.com/wp-content/uploads/CLC-map-flower-mound.png)
Overview
Acquired | December 2022 |
---|---|
Type | Residential |
Strategy | Build to Core |
Units | 209 |
Retail SF | 6,100 |
Summary
3111 Sunset will be a 16-story luxury residential tower in Flower Mound, Texas. With beautiful views of Lake Grapevine, the project will be a part of the Lakeside Village mixed-use development, which will have a collection of shops, restaurants, hotels, a wedding chapel, and an amphitheater. 3111 Sunset is expected to be completed in early 2025.
The 16-story building features 203 apartment units, six rentable townhomes, and 6,100 SF of ground floor retail space. Apartment homes average 1,250 SF with open floorplans, floor-to-ceiling windows, and generously proportioned balconies. Each residence will have lake views.
3111 Sunset will offer residents top of market amenities including a resort-style pool on the sixth floor, a spa, state-of-the-art fitness center, game room, golf simulator and multiple lounges.
investment rationale
As part of the Lakeside community, 3111 Sunset is located within walking distance of Lakeside’s existing 115,000 SF of retail and 160,000 SF of commercial office space. 3111 will be uniquely positioned by offering an active lifestyle with breathtaking views of Lake Grapevine and access to waterfront amenities.
Flower Mound’s convenient access to multiple Dallas job centers, excellent school systems, and high quality of life have collectively attracted a growing affluent population. In addition to the waterfront location and the community feel of Lakeside, 3111 Sunset’s larger and well-amenitized units are key requirements for residents in and around Flower Mound.
Our partner, Realty Capital is an experienced local developer with nearly 200 completed projects, including over 3,500 residential units and more than 1,000,000 SF of commercial space. Realty Capital’s successful execution of Lakeside’s first phases, including Flower Mound’s first luxury condominium tower, showcase the Sponsor’s ability to execute the development of 3111 Sunset.