November 29, 2023

Argosy Real Estate Partners Acquires Opportunity Zone Site for the Development of The Corinth in Dallas, TX

We are pleased to announce that Argosy Real Estate Partners, in partnership with Larkspur Capital, has acquired an approximately nine-acre, fully-entitled Opportunity Zone site in Dallas, TX for the development of The Corinth, a 155-unit single-family build-to-rent townhome community.  The project, which commenced construction in November, is located in the Cedars neighborhood of the Southeast Dallas submarket of Dallas, TX, within proximity to downtown Dallas, Deep Ellum, and Dallas Love Field Airport.

The project is scheduled to be delivered in Q3 2025 and will feature three-story townhomes ranging from 1,157 sf to 1,775 sf, with an average unit size of 1,508 sf.  The unit mix will include one-bedroom units, two-bedroom units, and three-bedroom units.  Each home will contain washer / dryer, stone countertops, stainless steel appliances, walk-in closets, smart home technology packages, patios, and an attached two-car garage.  Community amenities will include a clubhouse, a resort-style swimming pool, BBQ stations, and a dog park.

Argosy’s development partner, Dallas-based Larkspur Capital is a real estate developer focused on boutique residential projects in Dallas’ urban core.  Founded in 2013, Larkspur is currently developing multiple townhome and multifamily projects in the Bishop Arts, Knox Henderson and Deep Ellum neighborhoods of Dallas.  Argosy is also currently developing the Eastlake and Kessler Bluffs single-family build-to-rent townhome developments in Dallas in partnership with Larkspur.