Fish Creek Lofts Multifamily Development
Land | 12.1 acres
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Due Diligence: Fish Creek Lofts Multifamily Development Land
Investment highlights
MULTIFAMILY DEVELOPMENT OPPORTUNITY IN ARLINGTON, TX
The Fish Creek Lofts Site is a ±12.095-acre multifamily development opportunity located at the northwest corner of Matlock Road and Lovingham Drive in Southeast Arlington. The site comes with a full set of architectural plans and construction documents and was previously permitted for a 260-unit, three-story apartment community with surface parking. Located with great visibility on Matlock Road and just minutes from regional employers and key arterial roads, Fish Creek Lofts offers a compelling opportunity to deliver a new multifamily product in a growing submarket.
HIGHER DENSITY VISION
The project includes direct utility access and is well positioned for multifamily development. While originally planned for 260 upscale units, the land’s layout and scale could support a higher density subject to rezoning and redesign, as seen with nearby projects. This potential aligns with rising demand for quality rental housing, reflected by recent density trends for other projects in the area.
GROWING SUBMARKET
Situated within minutes of SH-360 and I-20, the site is in a corridor of residential and multifamily investment activity. It’s also less than 20 minutes from the Arlington Entertainment District, home to AT&T Stadium, Texas Live!, and the University of Texas at Arlington. The central location within DFW provides connectivity to employment hubs in Arlington, Grand Prairie, and South Fort Worth, supporting long-term demand for new rental product.
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