Anthem Development broke ground on the “Premier” at Dallas Midtown, a 296-unit luxury mixed-use project at the southwest corner of Dilbeck and Preston Road in Dallas.

Anthem is partnering with PLT America, a subsidiary of Prime Life Technologies Corporation, which is a joint venture of Toyota Motor Corporation and Panasonic Holdings Corporation, as well as Beck Ventures for equity on the first phase of this Dallas International District project.

The Premier will be completed as a six-story 296-unit asset with 13,500 square feet of ground floor retail, strategically located at by Preston Road and LBJ Freeway, just across from the T Bar M Tennis Club. Residents will be situated perfectly in the population density center of Dallas, equally able to commute between 635, I-45, and the Dallas North Tollway. The community’s strategic location also ensures convenient commutes to major employment areas throughout the Dallas-Fort Worth metroplex. The Premier is scheduled to open in 2027.

The project will be financed by NexBank, designed by Cross Architects, and constructed by Anthem Commercial Construction, a vertical subsidiary of Anthem Development. XIB Capital Partners and Nova Capital helped secure the equity and financing, respectively.