**Realty Capital to Launch $28M LakeView Landing Development Near Lake Granbury**
A new 47-acre mixed-use development, LakeView Landing, is set to break ground near Lake Granbury, southwest of Fort Worth. The community, which has been in planning stages since 2019, will include a wide range of residential, recreational, and commercial components.
LakeView Landing will feature 288 apartments, along with 200 residences specifically designed for individuals aged 55 and older. The master plan also includes a hotel, restaurants, townhomes, and a spacious public park.
Amenities on-site will include a putting green, pickleball courts, and dedicated golf cart parking. Realty Capital has signed a franchise agreement with Marriott to bring a SpringHill Suites hotel to the property. Ashton Agency will serve as the real estate broker for the project.
Construction is estimated to cost approximately $28 million, with a timeline of 12 to 14 months for completion. Funding for the project will be supported by a construction loan from Texas Bank and Trust. In addition, the City of Granbury is establishing a public improvement district and issuing bonds to help finance infrastructure costs.
