Hundreds More Apartments in the Works at Cypress Waters Community
Developer Billingsley Co. plans to build another huge apartment community at its booming Cypress Waters development northwest of Dallas. The builder has filed plans with the city for a 685-unit rental community to be constructed on Olympus Boulevard north of LBJ Freeway.
The project, which is north of Ranch Trail, would have 18 two- and three-story buildings and is on the east side of the 1,000-acre Cypress Waters development. Billingsley Co. bought the land for Cypress Waters in 2004 and has built millions of square feet of office space, retail and apartments in the project. The developer has built more than 1,400 apartments in Cypress Waters so far and has an additional 550 under construction. Another 915 are in some stage of development, a representative for the developer said. Billingsley Co. recently completed the Sound restaurant and retail village in Cypress Waters on the south shore of North Lake. More than 11,000 people work at Cypress Waters for companies including 7-Eleven, CoreLogic, Nokia, Brinker International, Nationstar Mortgage, Toyota Industries Commercial Finance, BT America and Constellation Brands...
