Realty Capital Partners said Friday that it will build 300 apartments in a development on Maple Avenue just north of Inwood Road in Dallas.

The Colleyville-based developer and investor has been working for several months on the project, which includes restoration of an existing 30,000-square-foot building into loft apartments plus additional construction.

The 8-acre project is located near the University of Texas Southwestern Medical Center at Dallas and is close to a planned light rail station.