Legacy Partners, a privately held national real estate firm, and Bridge Investment Group today announced the opening of Ovation at Galatyn Park, a 361-residence apartment community in the northeastern Dallas suburb of Richardson, Texas.
Designed by WDG, the community at 2323 Plaza Blvd. in the heart of Richardson’s Telecom Corridor, offers one-, two-, and three-bedroom homes ranging in size from 570 to 1,700 square feet. The homes offer stunning views; granite and quartz countertops; upgraded appliances; and smart home technology. The plaza level homes provide live/work units. Monthly rental rates start at $1,525.
Amenities at Ovation include a resort-style pool with tanning ledge and cabanas; elite fitness center with spin room; coworking lounge; modern clubroom with billiards; arcade, podcast studio; outdoor game room; Bark Park; bike storage and repair station; and sky lounge.
“In the heart of North Dallas, with the best of DFW at your grasp, Ovation at Galatyn Park brings a fresh sense of sophistication to Richardson’s tech corridor,” said Matt Brendel, executive managing director at Legacy. “It’s conveniently located near major employers and is transit-friendly with easy access to the DART Light Rail Galatyn Park Station, Central Expressway and President George Bush Turnpike.”
Ovation is the newest community from Legacy in the Dallas-Ft. Worth Metro Area. Last year, Legacy delivered 880 LYN on Lake Carolyn in Las Colinas’ Urban Center. Merit opened in Lewisville this past September. Meanwhile, Rylan at Gateway in Forney is anticipated to open in 2024 and Legacy Highland in Melissa and Legacy Oak Grove in Aubrey in 2025.
“Legacy has a deep history in North Texas with more than 1,500 apartment homes built since 2022,” added Brendel. “We’re pleased to continue to fulfill the residential demand in this market.”
For more information about Ovation at Galatyn Park, visit: www.ovationgalatynpark.com
About Legacy Partners
Legacy Partners (Legacy), a privately held real estate firm founded in 1968 and headquartered in the San Francisco Bay Area, owns, develops, and manages multifamily communities throughout the United States. Since its inception, the company has developed or acquired more than 80,000 apartment homes at more than $8.5 billion in cost. Legacy has regional offices in California, Colorado, Florida, Georgia, Texas, and Washington, and has developed more than 68,000 apartment homes in Arizona, California, Colorado, Florida, Nevada, Oregon, Texas, and Washington. Since inception, Legacy has worked with some of the world’s largest financial institutions, life insurance companies, and real estate companies, consistently delivering exceptional results. Legacy provides management services for its own portfolio, as well as other owners. Combined, Legacy manages a portfolio of more than 50 multifamily communities with almost 12,000 apartment homes, and with a gross value in excess of $3 billion. For further information, please visit www.legacypartners.com
About Bridge Investment Group
Bridge is a leading alternative investment manager, diversified across specialized asset classes, with approximately $49.4 billion of assets under management as of September 30, 2023. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. verticals across real estate, credit, renewable energy and secondaries strategies.