With more eyes on North Texas than ever before, the 290-unit community will provide luxury housing and offer easy access to numerous highways and employment centers
Presidium, a diversified real estate development, investment and management firm, is now leasing Presidium Hill Street, a four-story multifamily community in Grand Prairie, a hotspot for major corporate relocations in North Texas. The 13-acre development will add significant value to the surrounding area by providing residents with best-in-class amenities and unparalleled access to the vast employment base that has migrated to the region.
“The US Census reports that Grand Prairie’s population has grown by over 11% in recent years. With this market continuing to be highly sought-after in the Dallas metro area, Presidium Hill Street sets a new standard for rental housing in the Grand Prairie and Arlington submarket,” said John Griggs, Co-CEO and Co-Founder of Presidium.
Each of Presidium Hill Street’s 290 apartment homes features 9-foot ceilings, stainless steel appliances, wood-look flooring, smart-technology designer lighting and lock systems, Ecobee thermostats and high-quality plumbing fixtures throughout. The community was also designed to exceed the latest energy code requirements, incorporating ENERGY STAR® and energy-efficient components throughout all systems.
Residents will be able to revel in a community-centric atmosphere, outfitted with top-of-the-line amenities such as a circular resort-style pool, a business lounge with Wi-Fi and conference rooms, a rooftop skydeck terrace, a fitness center with a separate fitness-on-demand studio, a bike storage location, an on-site car wash, and a pet grooming area. Presidium Hill Street also features conditioned corridors and elevators in all residential buildings.
Located at 1610 Hill Street, Presidium Hill Street provides premier access to both Highway 161 and Interstate 30, bringing easy connectivity to Dallas, Fort Worth, DFW Airport and the area’s vast employment centers, which include Lockheed, Bell Helicopter, UT-Arlington and more.
“With Presidium Hill Street’s convenient access to numerous highways and destinations, residents can easily reach the entire DFW region and the amenities this area has to offer including employment, entertainment, shopping and more,” added Griggs.
The project is currently leasing apartment homes for move-ins in Spring 2022. Presidium Hill Street is expected to be fully complete in Summer 2022 and will be managed by RPM Living. Dallas-based O’Brien Architects served as the architect, Kimley-Horn as the civil engineer and SJL Design Group as the interior designer.
For more information, visit: presidiumhillstreet.com.
# # #
About Presidium:
Founded in 2003, Presidium is a Texas-based real estate developer, owner, and operator with an 18-year operating history and an existing real estate portfolio totaling approximately $2 billion AUM. We represent a spectrum of disciplines including acquisitions, development, property management, asset management, construction, law, finance, accounting, special servicing, and public-private partnerships. Presidium is committed to providing best-in-class housing for individuals of all income levels and creating great spaces that enhance people’s lives. For more information about Presidium, visit www.presidiumre.com.
