
Hall Street Flats
1800 N Hall St, Dallas, TX, 75204-3916, US
340 units
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present Park Place Arlington (“Park Place” or the “Property”), a 308 unit, 716 bed student housing community steps away from University of Texas, Arlington (“UT Arlington,” “UTA,”
or the “University”). The Property is the newest asset serving UT Arlington, offering top amenities and unit finishes in the market, along with a top location steps from UTA campus and downtown Arlington.
UT Arlington is the second largest university in the UT system, and generates an economic impact of $29 billion annually in Texas. The Dallas-Fort Worth (“DFW”) area is the fastest growing MSA in the country, with expectations of continued population growth of nearly 3 million more residents over the next two decades. These two factors suggest that the University will remain an integral part of the UT system, and will benefit from some of the best population fundamentals of any university in the country.
With no off-campus development in the UT Arlington pipeline and decades of strength to underlying fundamentals ahead, investors are offered significant upside in acquiring the top asset at UT Arlington at a significant discount to replacement cost.