LEWISVILLE, Texas (July 2026) – Palladium USA proudly celebrated the official Grand Opening of Palladium Lewisville, a new $30 million mixed-income apartment community that has already reached 100% occupancy, demonstrating the strong demand for high-quality housing in Lewisville and throughout Denton County.
Community leaders, elected officials, development partners, residents, and guests gathered for a ribbon-cutting ceremony recognizing the completion of Palladium USA’s first apartment community in Lewisville. The celebration marked two significant milestones: the successful completion of the development and the community reaching full occupancy.
Located at 305 E. Round Grove Road, Palladium Lewisville features 90 thoughtfully designed apartment homes, including 24 one-bedroom, 51 two-bedroom, and 15 three-bedroom residences. The community offers 57 income-restricted apartment homes and 33 market-rate apartment homes, creating a vibrant mixed-income neighborhood that expands quality housing opportunities while supporting the continued growth of Lewisville and Denton County.
Residents enjoy a variety of modern amenities, including a resident clubhouse, fitness center, resort-style swimming pool, business center, conference room, children’s playroom, landscaped outdoor gathering spaces, and professional onsite management. Conveniently located near Interstate 35E and State Highway 121, the community provides easy access to major employers, shopping, dining, healthcare, and entertainment throughout the Dallas-Fort Worth metroplex.
“Celebrating the grand opening of Palladium Lewisville while reaching 100% occupancy is an incredible milestone for our team and our partners,” said Kim Parker, Executive Director of Development for Palladium USA. “The strong demand for this community reinforces the need for high-quality housing in Lewisville. We are grateful to everyone who helped make this vision a reality and are proud to welcome our residents home.”
The community’s successful lease-up reflects the continued demand for thoughtfully designed apartment homes in North Texas. Reaching full occupancy in such a short time underscores the importance of public and private partnerships in delivering housing that meets the needs of today’s residents.
The $30 million development was financed through a collaborative partnership that included the Texas Department of Housing and Community Affairs (TDHCA) 9% Housing Tax Credit Program, HUD Section 221(d)(4) financing through PNC Bank, tax credit equity from PNC Real Estate, and the TDHCA Multifamily Direct Loan Program (MFDL). The development team included Treymore Construction, Arrive Architecture Group, Cross Engineering Consultants, Inc., Coats Rose, P.C., and Operation Community Care Living, whose expertise and collaboration helped bring the community to completion.
The celebration also highlighted the impact Palladium Lewisville has already made on its residents.
Resident Molly Salcido shared her appreciation for the community, saying, “Palladium’s mission is ‘Changing lives, one apartment home at a time,’ and that mission is reflected in the care and dedication shown to residents every day.”
The completion of Palladium Lewisville represents another milestone in Palladium USA’s commitment to developing high-quality apartment communities throughout Texas.
Palladium USA serves as the holding company for all Palladium Group assets across the United States. Since our establishment in 1992, we have been headquartered in Dallas, Texas, solidifying our reputation as a premier leader in the multifamily market. Our commitment to quality, innovation, and community remains at the core of our mission.
