This is member-exclusive content
icon/ui/info filled


Minnesota developer to build 150-unit apartment project in Farmers Branch

Roers Cos. is building in most of the major Texas markets

A Minnesota-based developer that’s expanding to Texas is planning a new rental community in Farmers Branch.

Roers Companies is planning to build the more than $28.5 million, 150-unit Elara apartment community in Farmers Branch. The market-rate rental project will include 20,000 square feet of commercial space, an outdoor pool deck, fitness center, yoga studio and game room, according to planning documents filed with the state.

Family-owned Roers is a more than 11-year-old builder based in suburban Minneapolis. It has built more than 10,000 apartment units across 14 states. The company started 2,675 apartments last year, making it one of the top multifamily builders in the country.

Read more D-FW real estate news
Read More
Turtle Creek condo board won’t try to buy disputed property; removal vote still sought
Under pressure from owners, the Renaissance at Turtle Creek COA board surveyed support for the controversial property purchase, and owners overwhelmingly opposed the move.
D.R. Horton stays the course as founder, CEO step back from daily hustle
Both the leader and the founder of the biggest player in U.S. home construction are stepping back, but things are expected to stay business-as-usual for Arlington-based D.R. Horton.
Millions of square feet of DFW office space are on the market
Fewer North Texas office buildings have sold in 2023 even though many are listed for sale.
Business Briefing

Become a business insider with the latest news.

Construction in Farmers Branch is set to start in the next few months with an opening in late 2024. The project at 12099 Luna Road was designed by Dallas’ Merriman Anderson Architects.

It’s one of two rental communities Roers is working on in North Texas. The developer is also planning a 200-unit affordable senior housing community in Wylie.


Roers has other projects on the way in the Austin, San Antonio and Houston areas.

Dallas-Fort Worth is the country’s fastest growing apartment market with more than 60,000 units under construction.