One of the most exclusive communities in Flower Mound is growing once again. Realty Capital Management, the master developer of Lakeside recently announced plans for a hotel and office building within Lakeside Village, a resort community situated on Lake Grapevine.
“We owe the Town of Flower Mound a big thank-you for trusting our vision and facilitating our ability to develop a legacy project like this,” says Jimmy Archie, Managing Director with Realty Capital Management. “The Town had the foresight to see that the incredible lake views are an amenity that enhances the quality of life and produces significant tax revenue for generations to come.”
The new Hotel Miramar will be an 11-story, Curio Collection Hotel by Hilton with 181 guest rooms and suites featuring balconies with lake views. Hotel amenities will include a resort-style rooftop pool and terrace, spa, restaurant, lounge, ice cream shop, water sports concierge, ballrooms and state-of-the-art fitness center. On the top three floors of the Mediterranean-style hotel will be 21 luxury residences with unobstructed views of Lake Grapevine.
“Hotel Miramar is unlike any other hotel in Dallas-Fort Worth,” Jimmy says. “… Guests can stay in a beautiful hotel room with lake views, walk to lakefront restaurants, take a morning stroll on the Lakeside Boardwalk, mountain bike on the North Shore Trail, enjoy a concert in the amphitheater and attend a board meeting at the adjoining office building, 3301 Sunset.”
3301 Sunset Boulevard will be a 170,000-square-foot, six-story Class AA office building connected to the hotel.
“Office tenants that lease 3301 Sunset will have the benefit of working in an office surrounded by nature,” Jimmy says. “Beautiful lake views will make employees feel like they’re on vacation. A setting like this will encourage employees to want to return to the office and leave remote working as a concept of the past.”
“The connectivity to Hotel Miramar is also a selling point, as firms will be able to host conferences and provide easy lodging options for their guests,” says Daryl Mullin with JLL, the leasing company for 3301 Sunset.
Located on the second floor of 3301 Sunset will be Eden Roc, a private social club. The members-only club will offer fine dining, a sophisticated bar and lounge, yacht, poolside cabanas and sunset terraces overlooking the lake.
Both Hotel Miramar and 3301 Sunset will break ground simultaneously and are expected to be completed in the third quarter of 2024. In addition, Terranea, a 207-unit, 16-story luxury apartment tower will begin construction this summer.
Lakeside Village is in the final phase of the 165-acre, $2 billion Lakeside mixed-use project that includes shops, offices, restaurants, offices and residences, including the 16-story Lakeside Tower, luxury villas and townhomes.
Corey Van Trease, owner of Van Trease Constructors, residential builder for the Lakeside community, says he is proud to be a part of Lakeside’s booming success.
“Being selected as the exclusive residential builder for the community is an honor that comes with tremendous responsibility, and we are excited to bring our three generations of experience in the luxury custom market to Lakeside Village. Our job is to help our owners put their fingerprint on the place where they will spend their most valued moments – their home!” he says.
Corey’s firm is responsible for the Villas at Lakeside Tower, Mediterranean Villas at Lakeside Village and Northwood Townhomes located within the community.
Nineteen homes are being constructed now. And, just last month, 36 additional lots were released. More than 40 hopeful homebuyers currently are on the wait list.
Corey attributes Lakeside’s popularity to its uniqueness.
“Lakeside is unique in so many ways in DFW. Being less than 10 minutes from DFW Airport, amazing sunset views overlooking 8,000 acres of Grapevine Lake, easy access to 20-plus miles of world-class mountain biking and jogging trails, all in a walkable community filled with unique shops and restaurants,” he says.
Lakeside’s continued growth ensures its success and cultivates the “village” atmosphere, Corey says.
“All one needs to do is come observe what happens on a Saturday morning in Lakeside. Beginning around 8 a.m., bicyclers, joggers, yoga practitioners, water sport enthusiasts, dog walkers and on and on descend upon Lakeside to take in all that it has to offer. It’s really a sight to see!”
