Vertical, Horizontal, and Zoning Progress

Since September 2025, we have been executing the business plan for the residential portion of this project, also known as Emma at Arabella Village.

To date, we’ve reached several milestones:

  • Phase 1: Vertical construction completed on the first three buildings
  • Phase 2: Horizontal development completed across the 34-lot short phase
  • Phase 3: Zoning completed for the townhome portion of the property

Phase 1 will consist of leasing 66 townhome units once complete, while Phase 2 involves delivering finished lots to homebuilders, who will construct homes.

Together, these phases are a strong example of how we utilize build-to-rent and its various exit strategies to develop high-quality real estate assets that contribute to housing supply while creating opportunities for growth and income for our investors.

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