Southerly at Crossroads

Terrell, TX

BCDC and Ventures Development Group joined their fourth multifamily project to develop Southerly @ Crossroads, a 300-unit, garden-style, multi-family product. The Project spans 300 units across six (6) residential buildings and one (1) clubhouse and amenity building. The development will consist of 3- and 4-story buildings. The clubhouse and amenity building will include office space to consist of five (5) individual offices and a shared conference room.

The Property’s 300 units are comprised of nine different floorplans, including one-bedroom units (148, 49% of total), one-bedroom units + den (14, 5% of total), one-bedroom live/work units (4, 1% of total), two-bedroom units (120, 40% of total), and three-bedroom units (14, 5% of total). The unit sizes range from 631 SF – 1,325 SF and average a total of 886 SF.

Location

Orange City, FL

Team

Co-Sponsors: BCDC / Ventures Development Group
Lender: Cadence Bank
Preferred Equity: Blue Rock Residential Growth REIT
Architect: Humphrey’s & Associates
General Contractor: Flournoy Construction Group

Project Type

Class A Multifamily

Status

Under Construction

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