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The Deal Sheet - 12/09/14

by Freddy Hinojosa | Dec 09, 2014

December 9, 2014

Right on the heels of The Belvedere at Springwoods Village, Fein acquired land to build a second multifamily community in the buzzy master-planned development.

Here’s president Martin Fein. The Mark at CityPlace Springwoods Village will include 268 high-end units (ranging from 572 SF efficiencies to 1,600 SF three-bedroom homes) on 3.8 acres at Springwoods Village Parkway and Lake Plaza Drive. The common areas will have upscale amenities including a gourmet demonstration kitchen, university-style library with free WiFi and adjoining conference rooms, and a spa with private treatment rooms. It’ll feature first-floor retail and dining and sits in the CityPlace town center area, which includes more dining, shopping and recreation. The Mark at CityPlace will break ground in mid-2015 and deliver in Q3 2017. Fein’s first Springwoods project, The Belvedere, delivered a few months ago and already 100 of its 342 units are leased.

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