Parkspring Multifamily to Break Ground on 240-Unit Lucille Apartments in Fredericksburg

New Class A garden-style apartment community planned along Friendship Lane in Fredericksburg, Texas

Mar. 12, 2026 at 4:05pm

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Parkspring Multifamily is moving forward with The Lucille, a new 240-unit Class A garden-style apartment community planned along Friendship Lane just west of Main Street in Fredericksburg, Texas. The project will feature a mix of one- and two-bedroom apartments along with amenities like a swimming pool, fitness center, co-working spaces, and pet park.

Why it matters

The Lucille will add much-needed high-end multifamily housing options in the Fredericksburg area, which has seen steady population and economic growth in recent years. As remote work patterns evolve, the development's focus on co-working and lifestyle amenities aims to attract both single renters and smaller households.

The details

The Lucille will be composed of 240 residences, with a mix that includes 156 one-bedroom apartments and 84 two-bedroom apartments. Planned amenities for residents include a swimming pool, on-site fitness center, upscale clubroom, game room with a golf simulator, co-working spaces, covered parking, oversized detached garages, a fenced pet park, and a package room.

  • Construction on The Lucille is expected to begin imminently.
  • The first residential deliveries are anticipated in 2028, with full project completion projected shortly after initial units come online.

The players

Parkspring Multifamily

A real estate development company with an established presence across the Texas multifamily market, having developed at least eight apartment communities in cities including Houston, Dallas, Fort Worth, Austin, San Antonio, and New Braunfels.

The Lucille at Cottonwood Creek

A separate 372-unit multifamily project that Parkspring Multifamily has under construction in Waco, Texas.

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The takeaway

The Lucille will provide much-needed high-end multifamily housing options in the growing Fredericksburg area, with a focus on amenities that cater to evolving remote work patterns and lifestyle preferences of both single renters and smaller households.