Magnolia Grove

Terrell, TX

Magnolia Grove

Terrell, TX

BCDC and Ventures Development Group (“VDG”) partnered to create Crossroads at Terrell, a 270-unit Class-A multifamily development located in Terrell, TX and a component of the 550,000 SF Crossroads at Terrell master-planned, mixed-use development. The multifamily project includes eight (8) three story residential buildings and garages along with top of the market amenities including a club room, outdoor pool and extended pool deck, common lawn area, outdoor kitchens and grilling areas, business center, fitness center and several pet play areas. Construction commenced of this first joint venture as co-GPs between BCDC and VCG in early 2020.

Location

Terrell, Texas

Team

Co-Sponsors: BCDC/Ventures Development Group
Financing: U.S. Department of Housing and Urban Development 221(d)(4) New Construction Loan Program
Architect: Hodges Architecture
General Contractor: Construction Enterprises, Inc.

Project Type

Multifamily