The first phase of a mixed-use development project in Flower Mound, Texas, by Realty Capital Management is set to break ground on April 24. The project will consist of six apartment buildings that will also have commercial space and seven public parks and plazas. The 150-acre project will eventually be made up of "2,200 residences and 705,000 square feet of commercial space." The total cost once the project is complete could exceed $1 billion.

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