FORT WORTH, Texas (June 21, 2023) – Hillwood Multifamily, one of North Texas’ leading developers of luxury apartment communities, has commenced pre-leasing at Paloma Village, its newest community at Alliance Town Center in North Fort Worth. Paloma Village includes 301 units with a wide variety of floor plans in a mix of one-, two- and three-bedroom luxury apartment homes, townhomes and carriage homes. The community is located at 3405 Alliance Town Center Boulevard and is part of the vibrant 900-acre Alliance Town Center development with dozens of shopping and dining destinations within walking distance. Residents of Paloma Village will enjoy the recently opened Truckyard, a local favorite entertainment venue, and be only minutes away from the newly opened Torchy’s Tacos, Cava, Black Rifle Coffee Company and soon-to-open HEB grocery, among others.
The community is centered in AllianceTexas, Hillwood’s broader 27,000-acre mixed-use development in North Fort Worth, which is home to hundreds of employers with over 60,000 jobs and growing.
“The Alliance corridor continues to be a focal point for North Texas’ strong population and employment growth,” said Mark McHenry, senior managing director of Hillwood Multifamily. “Paloma Village is Hillwood’s eighth community at Alliance Town Center, showcasing our continued growth and ability to provide the highest quality product and services for residents seeking rental home options in this dynamic area of our metroplex. The apartment homes and community amenities have been designed to accommodate today’s growing work-from-home trends with community-wide Wi-Fi and dedicated coworking spaces with private offices. Each apartment home is also fully integrated with Level® Smart Home Technology.”
Paloma Village was designed by JHP Architects with construction financing provided by Frost Bank. Paloma Village consists of 13 residential buildings with a mix of townhomes, carriage houses and traditional flat units ranging from 556-1,972 square feet. In addition to integrated Level® Smart Home Technology, each unit includes Energy Star stainless steel appliances, modern cabinets, spacious walk-in closets and private patios and balconies. Select units also have built-in mudrooms and butler pantries.
Other features include electric vehicle charging stations, a 24-hour fitness center, a resort-style pool and a pet park. Paloma Village is easily accessible to Interstate 35W and is located within Keller ISD, which ranks among the top-rated school districts in Texas.
Hillwood Multifamily
Hillwood Multifamily is a fully integrated, award-winning division of Hillwood, one of the largest private real estate developers and investors in the U.S. Specializing in the development, construction, ownership, financing and management of class A multifamily communities, Hillwood Multifamily is recognized as a leader in the design of innovative, mixed-use urban neighborhoods that offer active lifestyles in connected settings. Hillwood’s multifamily portfolio includes garden and mid-rise products in suburban and urban settings, including the more than 4,000 luxury apartment homes at the Alliance Town Center and Frisco Station developments, widely regarded as two of the most acclaimed mixed-use developments in North Texas. With a pipeline of over 5,000 additional units in planning and development, Hillwood Multifamily is one of the region’s largest multifamily builders and an industry trailblazer in designing innovative communities promoting dynamic and connected experiences. For more information, visit: www.alliancetexas.com.
Alliance Town Center
Alliance Town Center is a 900-acre mixed-use development within Hillwood’s AllianceTexas that offers premier dining and shopping that embodies modern living principles, featuring convenient access to innovative office spaces, unmatched retail and entertainment options, recreational parks and trails, and programmed community events. Developed with wellness and sustainability at the core, the facilities, amenities and living spaces support healthy choices and active, social living year-round. The healthy living principles of Alliance Town Center represent the foundation of a strong sense of community and sustainable growth. Experience the value of a master-planned community centered on health and wellness for your lifestyle at Alliance Town Center. For additional information, please visit www.alliancetowncenter.com and www.palomabyhillwood.com.
###