Centurion American Development Group has broken ground on City Point, a 52-acre mixed-use development in the Dallas suburb of North Richland Hills, reported local outlets. Development costs were not disclosed; however, D Magazine estimated it to be valued at $300 million.
City Point will comprise 400 to 600 multifamily units, 60,000 square feet of commercial space, a trail system, outdoor greenspace and 366 single-family homes, including bungalows and townhomes. The commercial space will include office, retail and restaurant space.
It will take approximately seven years to complete.
