A Dallas condominium builder is establishing its second rental neighborhood in Waxahachie.
Kalterra Capital Companions is constructing the 184-unit Fitzgerald flats simply east of U.S. Freeway 287, adjoining to Waxahachie’s Sport Advanced.
Kalterra Capital has already bought the Ellis County venture to Rowan Properties of Dallas.
The Fitzgerald could have one- and two-bedroom rental items a swimming pool, grilling stations, a volleyball courtroom, a health heart, a canine spa and a film theatre and recreation room.
“We’re thrilled to construct on the expertise from our earlier multifamily improvement in Waxahachie and companion with Rowan Properties once more to convey one other premier improvement to this space,” Clint Nolen, managing companion and co-founder of Kalterra Capital Companions, mentioned in a press release.
Final 12 months Rowan Properties bought Kalterra’s Park Place flats, that are situated subsequent to the brand new venture.
“Waxahachie is a rising, vibrant market with robust demographics and a long-term future, and we count on The Fitzgerald to expertise the identical stage of success as Park Place,” Mike Burch, principal of Rowan Properties, mentioned in a press release.
Kalterra Building and Brownstone Building Ltd. are contractors for The Fitzgerald, which is scheduled to open in mid-2023.
Kalterra Capital Companions is a privately owned actual property improvement agency that plans to finish 30 condominium communities throughout the subsequent eight years.
North Texas is the nation’s fastest-growing condominium market with greater than 56,000 items beneath development.