Slate Creek Apartment Complex Ready for Residents
- Jun 25, 2012
Slate Creek at Westover Hills, a joint development by locally based firms Hurd Urban Development (HUD) Ltd. and Embrey Partners, has recently opened for residents. The 241-unit complex is located on 14.86 acres in the master-planned community Westover Hills.
The Class A community includes amenities like a dog park, a fitness facility, two resort-style pools and private back yards, according to the San Antonio Business Journal. But things were not as good for the project as the property was declared bankrupt. Only in March of 2010, when purchased from bankruptcy by HUD, the project gained new momentum and continues construction works.
When saved by HUD (Hurd Enterprises Ltd), the development meant 14.86 acres of raw land and 19 existing townhomes. Those townhomes range in size from 1,999 to 2,157 square feet, while the other 222 apartments range in size from 622 to 1,089 square feet. The apartments are a mix of one, two and three bedroom units that are now ready for rent. The Slate Creek dedicated website reports that rents range from $805 to $1,900 a month.
Another residential project, this time located in downtown Austin, is to be developed by San Antonio-based LYND in partnership with Austin-based Endeavour Real Estate Group. The joint venture has secured the financing for a 36-story, luxury apartment tower, known as 3 eleven Bowie.
The project will consist of 59 luxury rental apartments, 42,000 square feet of office space and 3,000 square feet of street level retail. Apartment units will range from 427 square feet of 2,405 square feet, according to the San Antonio Business Journal. Construction on the high-rise project is slated to begin in the third quarter of 2012 and should be completed in 24 months.
Photo credits: www.liveatslatecreek.com
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