Read King Properties Starts Third Houston Apartment Complex
A Houston-based developer is moving ahead on its third retail-anchored apartment complex. Read King Properties plans to bring a $60 million, 336-unit apartment complex to Humble, adjacent to its planned H-E-B-anchored shopping center, state records show. The estimated construction cost comes to $178,600 per unit. The retail-focused firm expects to start construction on the Groves […]
UDR Plans 25-Story Apartment Tower in Dallas’ Turtle Creek
Another apartment high-rise could be on the way in Dallas’ Turtle Creek neighborhood. Colorado-based UDR’s proposal to construct a 25-story multifamily building at 2743 Turtle Creek Boulevard has been greenlit by the Federal Aviation Administration, indicating that it would have no substantial impact on air navigation, the Dallas Business Journal reported. Projects exceeding 200 feet […]
Principal Asset Management Lists North Austin Apartment Complex
A large asset manager is looking to sell an Austin apartment complex amid fewer deals and slowed construction. Principal Asset Management is shopping the Toscana Apartments, a 358-unit complex in northeast Austin. The property is at 13355 U.S. Highway 183, at the intersection of the highway and Anderson Mill Road. It covers about 347,000 square […]
