In Arlington, a local developer is looking for that sweet spot of recent college graduates, young families, and empty-nesters who are looking to move to urban areas but not quite interested in apartment living.
Arlington-based ECM Development is calling Echelon Downtown Arlington, a high-density housing community that will feature 65 two- and three-bedroom rental homes with rear entry-attached two-car garages, a first-of-its-kind neighborhood for Arlington.
In the words of ECM Development: “Residents will enjoy a beautiful public park and walkable proximity to the restaurants and entertainment offered in the downtown area.”
The development would be within walking distance to the University of Texas at Arlington campus and the downtown district.
It’s on the site of a drive-thru bank, which would be handy for the young residents. It’s also adjacent to the Arlington Cemetery, which would be creepy for empty-nesters.
The Arlington City Council approved ECM Development’s zoning request that would open the property to residential development. The council will add stipulations for off-road parking for residents and guests and establishing a homeowners association before further action.
Nikki and TJ Moore, ECM Development partners who are both UTA graduates and born and raised in Arlington, said homes would be spaced three feet from one another and include private yards and a private dog park, the Star-Telegram reported.
TJ Moore told the Arlington City Council that homes would be rented out at the market rate, which could run about $2,500 by the times are ready for lease.
ECM Development portfolio includes projects in Arlington, Bedford, Denton, Euless, and Dallas (Echelon at Reverchon Bluffs in the Bishop Arts District). In 2022, ECM plans to build Eden Town Square, which will be 67 units of detached single-family homes in Bedford in 2022, and Eden Springs, a 106-home project in south Arlington.
