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Archives: February 2024




Northlake mixed-use project planning 900 apartments

​​NORTHLAKE – Plans for a 60-acre mixed-use development near Texas Motor Speedway on SH 114 are underway with the first phase finishing in late 2025. The Chadwick Farms development between Chadwick Pkwy. and Cleveland Gibbs Rd. will have 900 apartments and 60,000 sf of retail, restaurant, entertainment space, and hospitality. Canadian-based Western Securities is the […]


Two rental communities adding 267 homes to Melissa, Aubrey

MELISSA, AUBREY – California-based developer Legacy Partners is partnering with Resmark Cos. to build two rental communities totaling 267 houses. The Highland community in Melissa on Highland Rd. and McKinney St. will have 133 homes with one-, two-, and three-bedroom layouts ranging from 780 to 1,500 sf with monthly rents starting at $2,100. The Aubrey development of […]


371-unit multifamily project underway in Houston

​HOUSTON – McNair Interests has begun construction on a 371-unit multifamily project at 3001 W. 11th St. Th five-story building will have one-, two- and three-bedroom units averaging 813 sf. Amenities will include a pool, fitness center, outdoor grilling and dining stations, dog park, and coworking space. Munoz & Albin designed the community, with Preston Partnership […]



Espero Rutland permanent supportive housing complex opens in Austin

​​AUSTIN – Espero Rutland, a $34 million permanent supportive housing complex for those experiencing chronic homelessness, has finished construction and is now open. Caritas of Austin began construction in August 2021 in partnership with the Austin Housing Finance Corporation and The Vecino Group. The building houses 171 fully furnished studios and on-site, continuous support services […]


San Antonio affordable housing complex to receive $36.6M in tax credits

​SAN ANTONIO – Pedcor Investments’ 336-unit affordable apartment complex has been approved to receive 4 percent housing tax credits from the Texas Department of Housing and Community Affairs. The $36.6 million in tax credits will help them to finance development of Stones Crossing Apartment Homes at 23211 N. US 281, between Stone Oak Pkwy. and Northwind […]


$16.9M rental community coming to Fort Worth

​​​FORT WORTH – A 398-unit apartment community will soon break ground near I-30. The three- and four-story Jefferson Eastchase apartments on Ederville Rd. will begin construction Feb. 22 and open in late 2025. The $16.9 million project will have market-rate and affordable units. Developer JPI is working with designer DLR Group on the development.  ​ read more…