BROWNSVILLE – The historic El Jardin Hotel will be converted into an income-restricted housing project.
Built in 1926-27, El Jardin is on .83 acres at 1114 E. Levee St. in downtown. It will undergo $18.5 million in renovations to provide rent-controlled housing for 44 low-income families.
The majority of units will be on the second to eighth floors. Much of the ground level is reserved for a leasing office and amenity center with a kitchen, business center, fitness center, classroom, and foyer, as well as a leasable space for future retail.
There will also be an outdoor recreation area with a community garden, covered pavilion, fountain, barbecue pits, covered patio, children’s playscape, and jogging path.
El Jardin will have a rentable area of 42,994 sf and gross area of 68,319 sf.
The Texas Department of Housing and Community Affairs awarded around $1.18 million in funding to the Brownsville Housing Opportunity Corp. as part of its “at-risk set aside” program. The property owner, El Jardin BHOC LP, will receive a $14 million construction loan from the International Bank of Commerce.
Locally based OrgioWorks is the project architect.
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