Wood Partners Unveils Alta Park Central in North Dallas
Portfolio | Dec 02, 2024 | Wood Partners LLC
Wood Partners, a leading national multifamily developer, has announced the opening of Alta Park Central, a new amenity-rich 297-unit development situated in North Dallas. Strategically located near key employment hubs and major regional employers like the Medical City Dallas Hospital, the development offers potential residents easy access to their workplaces as well as nearby restaurants and retailers. The premium residential offering includes a mix of studio, one- and two-bedroom units with modern interiors and smart home features. Community facilities like a fitness center, swimming pool, and business center add to the appeal. This development is part of Wood Partners' expansion in Texas, where they already have 23 properties. Established in Atlanta, the firm has gained a reputation as one of the top multifamily developers in the U.S., with a national reach of over 100,000 developed homes.
Sectors
- Real Estate Development
- Property Management
Geography
- United States – Wood Partners operates nationally across the U.S., with a significant presence and portfolio in states including Texas.
- Texas – The location of Alta Park Central and many other properties within Wood Partners' portfolio are in Texas, demonstrating a strategic focus in this region.
- Dallas, Texas – Alta Park Central is located in North Dallas, highlighting this specific regional focus within Texas.
Industry
- Real Estate Development – Wood Partners is involved in developing and constructing multifamily homes, which is a core activity of the real estate development industry.
- Property Management – As a company that owns and operates multifamily residences, Wood Partners is also involved in property management.
Financials
- $21 billion – The combined capitalization of the multifamily communities developed and acquired by Wood Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wood Partners LLC | Developer | Company | Wood Partners is a national leader in the development and construction of multifamily communities across the U.S. |
| Alta Park Central | Target | Company | A newly developed 297-unit multifamily community in North Dallas by Wood Partners. |
| Matt Miller | Vice President of Development | Person | An executive at Wood Partners who commented on the strategic location of Alta Park Central. |