Trails at Palm Center is a 90 unit LEED Certified multifamily tax credit apartment community. The site is located generally near the north east corner of Griggs Road and Martin Luther King Jr. Boulevard in the City of Houston’s Third Ward District. The site is uniquely positioned within a 3 minute walk to a light rail stop on Griggs Road. The light rail line extends north to the University of Houston as well as other employment centers such as Downtown. The 3.54 acres site accommodates 3 apartment buildings, parking and open space amenities for its residents. Residential accommodations include 10 studio units, 46 one bedroom units and 34 two bedroom units. Common area amenities include a leasing office, coordinators office, furnished community rooms, a business center/library, fitness facilities, an outdoor swimming pool, a children’s playscape area, barbecue grilling, play lawns, security fencing and gated controlled access, along with a linear park and open space along the Belmont Gully.
Related
HERE’S HOMEBUILDING DATA GURU JODY KAHN ON THE ’24 LAND SWEEPS
Not being able to meet demand – especially when demand trends can run hot and cold and when volatility is a prevailing state of things – is ever a risk.
Continue ReadingTHE BTR ARC IS STILL BENDING STEEPLY UPWARD, BUT WITH A CATCH
The BTR Arc is Still Bending Steeply Upward, But With a Catch. Unmet needs. They're a doorway to opportunity in any business, and everybody knows housing is...
Continue ReadingTop 10 Emerging Multifamily Markets [Colorado Springs, CO Makes the List]
The strong performance displayed by the rental sector during the past two years has finally started to moderate in the fall.
Continue ReadingWhy ChatGPT wants apartment execs to try AI
With costs rising across the multifamily sector, efficiency and optimization are growing concerns for owners and operators...
Continue Reading