Wan Bridge plans to develop a 50-home build-to-rent community in Georgetown. (Courtesy Wan Bridge)
Wan Bridge, a Texas-based build-to-rent community builder and operator, announced it is developing its first build-to-rent community, Georgetown Heights, in Central Texas.
Georgetown Heights will feature 50 three- and four-bedroom, two-story duplexes from 1,400-2,100 square feet, according to a news release. Wan Bridge is not able to predict when the development will be completed because of supply chain issues and material and labor shortages, but it aims to complete the first model home in February, according to a spokesperson.
Georgetown Heights, located at 512 Northwood Drive, Georgetown, is part of a larger movement by the company to break ground on 20 to 30 build-to-rent communities throughout the Houston, Dallas and Austin metro areas within the next year. Additionally, the company plans to develop 30,000 homes within these major metro areas within five years, according to a news release.
“We selected Georgetown as our next development destination not only for the proximity to Austin, but also as a desirable location itself, offering a great place for business and growing families to live, work and play,” Wan Bridge CEO and co-founder Ting Qiao said. “Bringing a BTR community to Georgetown is the next step in our journey to transform residential living across the state by offering another high-quality option for Texas residents.”
Trent joined Community Impact Newspaper as an intern in May 2021 after graduating with a degree in journalism from the University of Texas, Austin in December 2020. In July 2021, he was promoted to Austin Metro reporter. He covers several news beats from education and government to dining, transportation, nonprofits, and healthcare. However, his primary beat is business and development. Before working at CI, Trent wrote for The Daily Texan, UT's daily student newspaper, and worked on many projects of his own for his undergraduate program. In his free time Trent writes poetry, spends time with loved ones, and watches Star Wars for the hundredth time, including other new movies.