Leasing is set to begin around August for Adora at Rosehill, an apartment complex located at the intersection of the Grand Parkway and Cypress Rosehill Road, said Barrett Kirk, chief investment officer for McGrath Real Estate Partners.
The big picture
Adora at Rosehill will consist of 336 apartments—216 one-bedrooms, 108 two-bedrooms and 12 three-bedrooms, Kirk said.
Rent prices have not been set yet, but will be comparable to other communities in the market, he said. Amenities will include a clubhouse, a co-working lounge, a dog park, a pool and a courtyard.
“The thought behind every amenity that we do is to just create that sense of community,” Kirk said. “That’s the secret sauce that really makes an apartment community, a multifamily community, successful.”
How we got here
McGrath Real Estate Partners has been eyeing the land Adora at Rosehill sits on since 2000, Kirk said.
“We just see that there is a need for multifamily, and we predicted it back in the early 2000s when we started looking in this area,” Kirk said. “We wanted to get out ahead of the growth curve.”
Stay tuned
Kirk said leasing for Adora at Rosehill is expected to begin around August, with the first units available around September.