What’s happening?
The NRP Group, in collaboration with the Travis County Facilities Corporation, has broken ground on a $62 million multifamily project. Beginning the early stages of construction Aug. 13, the development is expected to be completed and available for renters by 2026.
In a statement, Max Whipple, vice president of development at The NRP Group, said the company is committed to creating inclusive housing communities for residents of all income levels.
“As we celebrate our 30th anniversary and the delivery of our 30,000th housing unit in Texas, East Austin’s Ross Road development will provide the local workforce with the opportunity to affordably live in the vibrant community where they work,” Whipple said.
About the project
Any individuals interested in the affordable housing opportunity would need to meet income criteria, making between 60%-80% of the area's median income, which equates to around $49,080 to $65,450 annually for an individual in Travis County.
The 16.5-acre property will feature a nearly 400,000-square-foot, four-story development with large green spaces and outdoor amenities facing the greenbelt in East Austin. Some outdoor amenities on the property include:
- Two landscaped courtyards
- A dog park
- A pool
- A cabana area
- Corn hole
Also of note
The NRP Group also recently completed other mixed-income projects in the Austin area, including The Markson with 330 units near Hwy. 290 and MoPac.
