Tag Archive for: Usa

Groundbreaking Celebration for Palladium Buckner Station in Southeast Dallas!

/in /by

On October 2, 2025, Palladium USA officially broke ground on Palladium Buckner Station, a $107 million mixed-income apartment community located in Southeast Dallas, adjacent to the Buckner DART Station. The event marked a major milestone in the delivery of 304 new apartment homes designed to meet the growing housing needs of Dallas residents.

The ceremony was held at 401 S. Buckner Boulevard, where local leaders, stakeholders, and members of the development team gathered to celebrate the start of construction. Attendees viewed architectural renderings, enjoyed refreshments, and heard remarks from project partners and elected officials.

A Transit-Oriented Community Built for Growth

Palladium Buckner Station sits on 6.72 acres and is designed as a four-story, wrap-style community with a range of one-, two-, and three-bedroom apartment homes. Of the 304 units, 244 will be affordable housing, reserved for households earning 60% of the area median income (AMI), while 60 units will serve workforce households at 140% AMI. The community also includes 30 three-bedroom, two-story townhomes that expand family-sized housing options in the area.

With its location directly next to the Buckner DART light rail station and easy access to Highway 175 (C.F. Hawn Freeway), the community will offer residents seamless connections to jobs, education, and services throughout Dallas.

Modern Amenities and Community Design

Palladium Buckner Station will feature high-quality unit finishes and a robust slate of amenities, including:

  •  Resort-style swimming pool
  •  State-of-the-art fitness center
  •  Business and conference centers
  •  1,600 square-foot community room
  •  Children’s playroom
  •  Basketball court and playground
  •  Grilling stations under covered gazebos
  •  Landscaped public pedestrian promenade

Each apartment home will offer upgraded interior features such as granite countertops, nine-foot ceilings, private balconies or terraces, dual sinks in primary bathrooms, and wood-style flooring.

Strong Partnerships, Lasting Impact

The groundbreaking reflects a successful collaboration between public and private partners. The project is being financed through a combination of tax credit equity, HUD-insured loans, City of Dallas funding, and tax-exempt bonds. Partners include the City of Dallas, Dallas Housing Finance Corporation, Texas Department of Housing and Community Affairs (TDHCA), Dallas Area Rapid Transit (DART), Regions Bank, Walker & Dunlop, ARRIVE Architecture Group, BBL Building Company, and Operation Community Care.

“Construction has started, and we are proud to break ground on this transformational community, which reflects Palladium USA’s ongoing commitment to providing high-quality, mixed-income housing in Dallas and for the surrounding community. The property will deliver 304 thoughtfully designed homes with convenient access to the Buckner DART Station,” said Tom Huth, President and CEO of Palladium USA.

“This isn’t just about building new housing; it’s about giving more Dallas families a stable place to call home. With Palladium Buckner Station, we’re creating high-quality, affordable homes that are directly connected to public transit. That means hardworking people will have an easier time getting to their jobs, schools, and everything else they need, which is a big win for our community,” says Kim Parker, Executive Director of Development and Site Selection for Palladium USA.

What’s Next

Construction is now underway, with pre-leasing expected to begin in Fall 2026. The clubhouse and first apartment homes will be delivered in early 2027, and the full community is scheduled for completion by the end of 2027.

Palladium USA remains committed to building communities that serve a wide range of residents — and Palladium Buckner Station will be no exception.

📍 Location:

401 S. Buckner Boulevard, Dallas, TX 75217

Adjacent to Buckner DART Station

Interested in future leasing opportunities?

Join our VIP list and be the first to know when pre-leasing begins.

Palladium USA Closes on Palladium Mesquite

/in /by

Palladium USA is pleased to announce the closing of Palladium Mesquite, a new mixed-income community in the City of Mesquite. Palladium Mesquite, a $36 million investment in Dallas County, is the latest addition to Palladium USA’s portfolio of multifamily housing and its second multifamily community in Mesquite.

The new development will offer 111 amenity-rich residences featuring thoughtfully designed one, two, and three-bedroom floor plans. Of these, 95 homes are income-restricted across a range of AMI set-asides, and 16 homes are reserved at 140% of the area median income. Interior finishes will include granite countertops, nine-foot ceilings, hardwood-style flooring, dual sinks in primary baths, and covered balconies.

Upscale community amenities will include a resort swimming pool, state-of-the-art fitness center, conference center, business center, children’s playroom, community room, playground, athletic court, gazebos with grilling stations, and a clubroom featuring a mini-kitchen with upgraded appliances and quartz countertops.

“We closed our equity and debt placement on August 28, 2025, and construction began. This project represents Palladium USA’s ongoing commitment to providing high-quality, mixed-income housing in Mesquite, Texas, and for the surrounding community. Palladium Mesquite will deliver 111 thoughtfully designed homes in two five-story buildings with a great amenity package. We are grateful to our partners and the City of Mesquite for helping bring more housing options to Dallas County,” says Tom Huth, President and CEO of Palladium USA.

“We are excited to once again work with Palladium on bringing workforce housing to Mesquite! This has been a high priority of the City Council in our efforts to provide a variety of housing choices for our growing community. Palladium has proven their commitment to developing quality communities, and we look forward to welcoming another project to our downtown area,” Mayor Daniel Alemán Jr. said.

Palladium Mesquite was designed by HEDK Architects, and BBL Building Company will serve as the general contractor in partnership with Operation Community Care Living. The financing structure for this placement included $17.6m in equity from Redstone, a $14m FHA 221(d)(4) loan arranged by Walker & Dunlop, a $13.1m equity bridge loan from Bridgewater Bank, $4m in TDHCA MFDL, and $500 in City of Mesquite local participation.

The new 4.74-acre multifamily community, located at 940 Military Parkway in Mesquite, offers convenient access to I-635 (LBJ Freeway), U.S. 80, I-30, and I-20. Preleasing is scheduled for Summer 2026, with the clubhouse and first units being delivered in Fall 2026.

Palladium Park Row Katy Living Breaks Ground in East Katy

/in /by

In a significant move to address affordable housing needs in Harris County, the groundbreaking ceremony for Palladium Park Row Katy Living took place today in East Katy. The $33 million development, located at Greenhouse Road and Park Row, will offer 93 rental units, 62% of which are designated for low-income families. The project represents an important step toward easing the housing affordability crisis in the region and fostering stronger communities.

Harris County Precinct 4 Commissioner Lesley Briones was on hand to celebrate the milestone, emphasizing the importance of affordable housing in tackling the region’s rising eviction rates. According to officials, Harris County experienced more than 75,000 eviction cases in 2024 – 22,000 of which were in Harris County Precinct 4 – highlighting the critical demand for affordable living spaces.

“Behind every number is a family fighting to stay in their home. We are here to change that story. Together, we are turning challenges into solutions and dreams into reality,” said Briones.

The Palladium Park Row Katy Living project is designed to bring high-quality, affordable multi-family housing to the area. The 93-unit complex will feature a mix of one-, two-, and three-bedroom apartments, offering a variety of options for low-income residents. In addition to the residential units, the development will include amenities such as a pool, fitness center, business center, children’s playroom, and a clubhouse with a mini kitchen, providing spaces for recreation and community gatherings.

“We are incredibly grateful to Commissioner Briones and all of our partners who helped make this project a reality,” said a representative from the Harris County Housing & Community Development. “This development is a great example of how public and private entities can work together to create affordable housing and strengthen local communities.”

Palladium Park Row Katy Living is being developed in a public-private partnership between Palladium USA and the Harris County Housing Finance Corporation. The project also benefits from funding provided by the Texas Department of Housing & Community Affairs, PNC Bank, and Harris County’s ARPA funds. The financing includes $15 million in housing tax credits, $13.3 million in equity, and $12 million in long-term debt from PNC Bank. In addition, the Harris County ARPA allocation of $5 million is supporting the construction of the multi-family units.

The development is part of Harris County’s broader efforts to increase the availability of affordable housing. Through its Multi-Family Development Program, the county is focused on providing affordable housing options to families at or below 80% of the area’s median income. The project’s deed restrictions ensure that affordability will be maintained for at least 20 years, providing long-term stability for future residents.

“We’re excited to see the positive impact this development will have on the East Katy community,” said a spokesperson for Palladium USA. “Palladium Park Row Katy Living will not only meet the immediate housing needs of the region but also set a new standard for affordable housing developments moving forward.”

The first units are expected to be ready for occupancy in December 2025, with full project completion slated for December 2026. The development will include units reserved for low- to moderate-income households, as well as special accommodations for clients through the Coordinated Access System and designated mobility and vision/hearing units.

Palladium Delivers $30M Lewisville Rental Community

/in /by

Palladium USA started work on Palladium Lewisville – a new $30 Million, multi-family community in Lewisville. The four-story development has residences featuring 90 units of one-, two-, and three-bedroom floor plans with amenities that will include a swimming pool, fitness center, conference center, business center, children’s playroom, and clubroom containing a mini-kitchen with upgraded appliances and quartz countertops.

Construction has started. The company hopes to deliver the clubhouse and first units in December of 2025.

Arrive Architects designed Palladium Lewisville, and Treymore Construction is the general contractor teaming up with Operation Community Care Living to complete the construction. The Texas Department of Housing and Community Affairs provided $15 million of 9% Housing Tax Credits, PNC Bank provided $13.3 million of equity and over $10.8 million of long-term debt, and TDHCA provided $4.4 million of MFDL funding for this placement.

The new 2.69-acre multi-family community is located at 305 E. Round Grove Road in Lewisville.

Palladium San Antonio ground breaking

/in /by

Today, we celebrated the Ground Breaking of Palladium San Antonio, a 288-unit development near Lackland Air Force Base catering to low to moderate-income families!

Council Member Dr. Rocha-Garcia, Mayor Pro Tem Viagran, and Senator Jose Menendez delivered powerful speeches highlighting the crucial need for affordable housing for families and seniors citywide.

We are grateful to the City of San Antonio and the San Antonio Housing Trust for their partnership in bringing this project to life in South San Antonio. This marks Palladium’s 3rd development in the city, a significant step towards solving the housing crisis

Palladium Carver Living ground breaking

/in /by

Palladium USA has broken ground on a $79 million project in the eastern Dallas suburb of Mesquite.

Palladium Carver Living will be situated on a 10-acre site and will consist of 288 apartments in one-, two- and three-bedroom layouts.

A portion of the units will be set aside for individuals earning 60 percent of the area median income. Amenities will include a pool, fitness center, conference center, clubroom, dog park, computer lounge and a children’s playroom.

M Arrive Architecture Group designed the property, and BBL Building Co. is the general contractor. Preleasing is slated to begin by the fourth quarter of 2025.

The Mesquite Housing Finance Corp. issued $37 million in tax-exempt bond financing for the project, and Regions Bank provided more than $34 million in equity, as well as a $36 million permanent loan. Additionally, the Texas Department of Housing and Community Affairs issued $38 million in 4 percent Low-Income Housing Tax Credits.

Palladium East Foster Crossing

/in /by

Palladium USA has completed a $64 million multifamily project in the northern Dallas suburb of Anna. Palladium East Foster Crossing comprises 239 apartments on an eight-acre site.

The four-story building houses one-, two- and three-bedroom units. Amenities include a pool, fitness center, conference center, dog park, computer lounge, children’s playroom and clubroom with a mini kitchen. HEDK Architects designed the community, and BBL Construction served as the general contractor.

To finance the project, the Anna Public Facilities Corp. issued $33 million in tax-exempt bonds that were purchased by Cedar Rapids Bank and Trust. PNC Bank also provided $27 million in equity for the project.