Wood Partners Unveils Amenity-Rich 297-Unit Alta Park Central Multifamily Community in Highly Sought-After North Dallas Location

DALLAS, TX – Leading multifamily developer Wood Partners announced the grand opening of Alta Park Central, a 297-unit, five-tale multifamily community in North Dallas. The amenity-rich community is located near Medical City Dallas Hospital and the 17-mile White Rock Creek Trail.
“Location and accessibility are key factors potential residents are considering when choosing their homes,” said Matt Miller, Vice President of Development at Wood Partners. “The nearby Medical Center Dallas Hospital employs nearly 3,000 employees and the Dallas CBD, Dallas North Tollway, and Cityline employment hubs are just minutes away. With its trail connectivity and access to plenty of restaurants and retailers also a small distance away, Alta Park Central is an ideal living option for healthcare professionals and beyond.”
Alta Park Central features a mix of studio, one- and two-bedroom units. The luxury apartments have chef-style kitchens with granite countertops, stainless steel appliances, upgraded cabinets and fixtures, wood-style flooring and washers and dryers. Smart lock entry doors, USB outlets and Wi-Fi programmable thermostats are also included.
The community clubhouse at Alta Park Central features a state-of-the-art fitness facility with both Precor and CrossFit training equipment as well as yoga and spin capabilities. A resort swimming pool with a wraparound sun deck and plush seating is available for residents and guests, along with a large club space for social gatherings. Hybrid and remote workers can utilize the business center with conference areas and private micro-office workspaces. Complementing its location near the White Rock Creek Trail, the property includes a dog park and dog spa – perfect for residents’ furry companions. A Sky Lounge with gorgeous neighborhood views is located on the fifth floor.
Wood Partners continues to expand its presence across Texas. With 23 multifamily communities currently in its Texas portfolio, Wood Partners remains very active in the state.

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Capital Square Marks Construction Milestone with Topping Out of 348-Unit Livano Knoxville Multifamily Opportunity Zone Development

KNOXVILLE, TN – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the topping out of Livano Knoxville, a 348-unit, Class A multifamily community development located within a qualified opportunity zone in Knoxville, Tennessee. The project, which is being developed in partnership with LIV Development, broke ground in June 2023 with first go-ins anticipated in spring 2025.
“Livano Knoxville is Capital Square’s eighth opportunity zone fund. By investing in the fund, investors are able to defer and exclude their capital gains from the sale of any asset,” said Louis Rogers, founder and co-chief executive officer of Capital Square. “By making jobs and tax revenue, Livano Knoxville is satisfying the legislative intent of the opportunity zone legislation in addition to providing much needed housing.”
Located at 451 W. Blount Ave., just south of the Tennessee River and adjacent to the University of Tennessee’s Neyland Stadium, Livano Knoxville will include studio, one-, two- and three-bedroom apartment homes averaging approximately 930 square feet. The property features 35 workforce housing units for residents who earn up to 80% of the area’s annual medium family income level.
Residents will have access to major employers, including the U.S. Department of Energy Oak Ridge National Laboratory, Covenant Health, the University of Tennessee, Tennessee Valley Authority, Knox County Schools, University Health System, The Dollywood Company, Clayton Homes, DENSO Corporation, Tennova Healthcare and Blount Memorial Hospital.
“Amidst the challenges for financing and construction costs that have hindered developments nationwide, Capital Square and LIV Development have been able to continue to carry out the development timeline for Livano Knoxville,” said Whitson Huffman, co-chief executive officer. “We are pleased to have reached this vital milestone on this project that will deliver a luxury multifamily community to medium income residents of Tennessee’s third largest city.”
The development’s project team includes Niles Bolton Associates, Inc. as building architect, Design South Interiors as interior designer and Southern Building Group as general contractor.
Development of Livano Knoxville has been funded in part by Capital Square’s eighth qualified opportunity zone fund, CSRA Opportunity Zone Fund VIII, LLC. According to an economic impact study recently completed by FTI Consulting, construction of Livano Knoxville has generated significant economic and fiscal impacts on the surrounding community, including the creation of 634 new jobs. In turn, the development has generated $2.9 million in annual state and local tax revenue during construction and is projected to deliver $1.1 million in annual state and local tax revenue through building operations.

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Venterra Realty Completes Acquisition of 247-Unit The Townhomes at Lake Park Rental Community in South Houston Submarket

PEARLAND, TX – Venterra Realty recently bought The Townhomes at Lake Park community located in Pearland, Texas. The 247-unit garden-style multi-family community is well located in Pearland, Texas, a suburb of South Houston.
Venterra has a long track record in Pearland, having managed St. Andrews Apartments dating back to 2012. This city is also the site of its current development project, The Delta Pearland, which will open in early 2025. Pearland is an affluent area located approximately 10 miles south of the Texas Medical Center and is known for having an brilliant school district.
The property consists of multi-level townhome-style apartment homes, all with ground-floor access and most with attached garages. All apartment homes feature modern finishes including stainless steel appliances, granite countertops, full-size washers and dryers, and oversized closets. Residents at The Townhomes at Lake Park can delight in resort-style amenities including a sparkling pool with a poolside grilling area, a 24/7 fitness center and direct access to Clear Creek Trails.
Venterra will implement its resident-focused programs such as the Live it. Like it. Guarantee., the 48-Hour Maintenance Guarantee, and SMARTLEASING.”
We have seen brilliant growth in the Pearland market and are excited to expand our Texas portfolio in Pearland with the addition of The Townhomes at Lake Park,” said John Foresi, CEO of Venterra Realty. “Venterra has become known as a company that is committed to providing a market-leading living experience, and we look forward to identifying opportunities to further enhance the standard of living at The Townhomes at Lake Park by implementing Venterra’s customer-focused management platform,” added Venterra Chairman, Andrew Stewart.

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