Posted Dec 20, 2012, 5:03 AM
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Meh
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Join Date: Jul 2001
Location: Austin <------------> Birmingham?
Posts: 57,327
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http://www.statesman.com/news/busine...ould-ta/nTbR8/
Quote:
Posted: 5:28 p.m. Wednesday, Dec. 19, 2012
More apartments planned at Mueller
Project would target residents with incomes below median
By Shonda Novak
American-Statesman Staff
Another apartment project is in the works for the Mueller community in Northeast Austin — and developers say they complex would have rents within reach of working-class residents.
Catellus Development has chosen DMA Development Co. for the project, which is slated for 3 acres near Berkman Drive and Barbara Jordan Boulevard within the Mueller development.
The new apartment community would have at least 85 percent of its estimated 175 units reserved for families making 30 percent to 60 percent of the area’s median household income. Most one-bedroom units would have rents in the $575 to $740 a month range, while two-bedroom units would rent for $650 to $950 a month. About 17 units will be priced at about $360 a month.
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