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Park7 Group’s new Class-A student housing development, Park Place Arlington, broke ground one block from UT Arlington. The development will house 298 units, 701 beds and roughly 9K SF of street-level retail space.
“Downtown is moving quickly toward what so many in Arlington have envisioned: a vibrant environment where you can truly live, work and play,” Park7 Group President and CEO Ronald Gatehouse said in a statement. “Park Place Arlington will bring more than 700 new residents and additional retail amenities to further enhance the vibrancy of downtown Arlington — an area that the Mayor, City Council, staff and residents of Arlington have done such a great job of transforming into one of the best-planned and most admired in the country.”
The development bears the city of Arlington’s blessing as part of the Arlington Comprehensive Plan to increase the vibrancy of the area.
“[Our] staff has worked with Park7 Group from the onset to create a project that supports Arlington’s Comprehensive Plan. The project will result in a mix of uses serving a diverse population and meeting the current housing needs of people desiring to live in downtown and within close proximity to the university,” city of Arlington Planning Manager Jennifer Pruitt said in a statement.
Park7 Group has not issued a completion date.
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