StreetLights Residential and Foresta Holdings have unveiled The Linden, a 344-residence multifamily community taking shape along the lake in Arlington's Viridian neighborhood, with construction that began in June 2025 now pointing toward a January 2027 move-in date for its first residents. The community sits at 3925 Viridian Village, near Collins Street and Viridian Road, and will comprise four buildings standing four to five stories tall.
The project was first reported by Connect CRE, which detailed the mix of studio, one-bedroom and two-bedroom residences planned for the main buildings, ranging from roughly 504 to 1,396 square feet. Studio residences are expected to start at monthly rents around $1,400. Separately, The Linden includes 68 two- and three-bedroom townhomes ranging from 1,695 to 1,894 square feet, with private front yards, welcoming stoops and attached two-car garages, according to StreetLights Residential's property page.
Those townhomes aren't just on paper anymore. StreetLights has already begun leasing a 68-unit townhome complex in Arlington, with rents starting at $3,475 per month, per REBusinessOnline. The Linden at Viridian's own site describes the broader offering as studio, one- and two-bedroom residences alongside two- and three-bedroom townhomes within the 2,000-acre master-planned Viridian community, which is centered around lakes, trails and open space.
Amenities Built Around Lake Life and Remote Work
The Linden's amenity list reads like a checklist for both relaxation and productivity. The amenities include a pool with grills, lounge seating and dining areas, as well as billiards, poker and mahjong tables in the pool clubhouse. A full kitchen for entertaining and community events, a putting green, and a library with a fireplace round out the leisure side.
For residents who work from home, the community includes coworking spaces, boardrooms and private offices, along with lounge areas and a coffee bar. A fitness center is also part of the package. StreetLights Residential's property materials describe the broader layout as including a resort-style pool, clubhouse, entertainment lounge, game room and catering kitchen, with a coworking lounge featuring private offices, a boardroom and a library with fireplace.
Third Phase of a Growing Viridian Footprint
The Linden represents the third phase of StreetLights' multifamily build-out within Viridian. The first two phases, The Jackson and The Louise, had reached stabilization, and StreetLights broke ground on the third phase, according to REJournals. Connect CRE's earlier coverage of the groundbreaking described the phase as bringing a diverse mix of studio, one- and two-bedroom residences along with 68 townhomes, matching the unit counts now reflected in the leasing rollout.
The Jackson, StreetLights' first Viridian community, opened as a 340-unit property with a four-story design and unit layouts spanning 588 to 1,671 square feet, as reported by Multi-Housing News. The second phase, meanwhile, was planned to include 343 apartment homes ranging from studios to three bedrooms, per Connect CRE's reporting on that project.
Arlington Joins a Crowded Build-to-Rent Market
The Linden's townhome component lands in a Dallas-Fort Worth market that has become a national hotspot for build-to-rent housing. A Northmarq report cited by Homes.com identified the region as the second-largest build-to-rent market in the country, with vacancies in that segment falling to 6.3% in 2025. The same report pegged average monthly build-to-rent costs in Dallas-Fort Worth at $2,130, about $625 above the average apartment rent.
Other Arlington build-to-rent projects illustrate how quickly demand has been materializing. LyvWell at Harmony, also in Arlington, has welcomed its first residents.
Broader multifamily conditions across Texas paint a more mixed picture. Statewide vacancy ranged from 12% to 16% in the second quarter of 2026, and annual asking-rent growth across the state's major markets ranged from negative 1.1% to negative 3.4%, according to Apartments.com's market report. Even so, Dallas-Fort Worth has kept building at a rapid clip, adding nearly 33,600 new multifamily units in the 12 months through the first quarter of 2026, more than any other metro in the country, per the same Apartments.com analysis.
