Presidium Opens Dallas-Fort Worth Community

The project is part of the developer’s busy pipeline in the Lone Star State.

Presidium Hill Street. Image courtesy of Brian Jay Fuller Photography

Presidium has officially added another luxury community to its residential portfolio in and around Dallas-Fort Worth. The firm completed Presidium Hill Street in Grand Prairie, Texas after breaking ground on the community in August 2020. Presidium began pre-leasing at the community in December 2021, before welcoming the first residents this spring.

The developer tapped Provident General Contractors to construct the community, while Kimley-Horn served as the project’s civil engineer. Dallas-based O’Brien Architects designed the community, while See-Saw Creative was tasked with the community’s interior design.

The 290-unit luxury community offers one-, two- and three-bedroom floorplans ranging from 678 to 1,398 square feet. The units were built with kitchen islands, stainless steel appliances and smart home tech packages, while meeting Energy Star standards for efficiency. The new community’s amenities include a business lounge with private coworking spaces, dog park with pet spa, sports lounge, pool with cabanas, penthouse clubroom, bike storage and repair station, and EV charging stations.

Presidium Hill Street is located on a 13-acre site at 1610 Hill St. in Grand Prairie, Texas, between Dallas and Fort Worth and adjacent to Arlington. Residents are only 15 miles away from downtown Dallas and approximately 5 miles away from downtown Arlington.

An active Dallas-Fort Worth pipeline

Since being founded in 2003, Presidium has amassed a portfolio totaling approximately $2 billion of assets under management. The Texas-based firm’s portfolio mostly includes residential properties in its home state, but also has communities in Jacksonville, Fla., Santa Fe, N.M., Atlanta and Maine.

This year, Presidium saw plenty of activity in the Dallas-Fort Worth metro after breaking ground on some communities and started leasing at another. In April, the firm started construction on the first phase of the 344-unit Presidium Valley View in Farmers Branch, Texas, and is expecting to complete the community in late 2023. A few months later, Presidium started leasing the first phase of Presidium Berkshire, a 340-unit luxury community in North Fort Worth, Texas. The firm also broke ground on the 337,000-square-foot Presidium Frisco Square in Frisco, Texas this year.

You May Also Like

The latest multifamily news, delivered every morning.

Most Recent