67-unit apartment complex on E. Magnolia
(I couldn't remember if or where Austin55 may have already posted this.)
https://goo.gl/maps/sD4cDgMb9yykzXDt9
Developer's Website: https://www.nrpgroup.com/
Posted 14 February 2022 - 10:01 AM
67-unit apartment complex on E. Magnolia
(I couldn't remember if or where Austin55 may have already posted this.)
https://goo.gl/maps/sD4cDgMb9yykzXDt9
Developer's Website: https://www.nrpgroup.com/
Posted 14 February 2022 - 06:17 PM
Posted 14 February 2022 - 10:30 PM
A few more dets. Meant to be an affordable project for folks that need easy access to JPS.
NRP Housing (NRP portfolio) is preparing a 67-69 unit property at 1308 Crawford, on the JPS campus. This is among the project that went before the city earlier this year. No other details that I could find at this time.
Site plan from upcoming UDC meeting.
Posted 14 February 2022 - 11:02 PM
Posted 16 February 2022 - 08:39 AM
I guess the Tarrant County Hospital District owns the land for private development of a multi-family residential project? Seem an odd role for a semi-governmental agency.
Posted 16 February 2022 - 09:16 AM
You raise a good point. JPS Health Network / Tarrant County Hospital District is a Tax Unit which (as you know) means if you live it Tarrant County and own property, you are paying taxes for this entity. I recall Austin55 mentioning that this development was supposed to be affordable housing for those needing access to the JPS Hospital System. Not sure exactly what that means but perhaps there was further discussion of this at at the UDC meeting? I'd be curious to know.
Posted 16 February 2022 - 09:30 AM
Here's the link to the UDC meeting from Dec 2021. This case starts around marker 00:41:45. I won't have time right now to watch it but here's the link if anyone else is interested:
https://fortworthgov...5&redirect=true
Posted 16 February 2022 - 01:15 PM
Per the UDC meeting, the developer's intent is to remove the helipad and leave the parking garage to the south (JPS Lot Q). It's hard to believe that stretch of Morphy St. is already abandoned / private property / not right-of-way? The intent is to abandon Crawford St. as a road and use only as a driveway for the development.
It will be a long term lease of the hospital's land. Affordable housing project.
I forgot about this project too. What's the status?
https://www.cbre.us/...use-development
Posted 16 February 2022 - 01:19 PM
Posted 16 February 2022 - 01:20 PM
Magnolia Loft details from the Southside Scoop newsletter
MAGNOLIA LOFTS
Providing housing options for all is a primary Near Southside goal, and we’re excited about the steady flow of projects delivering units affordable to those working in the district’s healthcare, service, and creative sectors. This month we highlight one of these projects directly aligned with one of our employment anchors. The Magnolia Lofts project (working name subject to change) is located on Magnolia Ave. one block east of S. Main Street, and is a partnership between The NRP Group and JPS Medical Center, delivering:67 total residential units60 units will be for those earning up to 60% of the area median income7 units will be market rate or without income restrictionsCommunity amenities including a children’s playscape, business center, fitness room, children’s activity room, and community lounge/kitchenUnits equipped with energy-star appliances, granite countertops, modern cabinetry and flooring, spacious balconies, and storageApproximately 2,000 sf of commercial/retail space leased to JPS for internal or external useConstruction is expected to kick off 2nd half of 2022.
Posted 16 February 2022 - 02:31 PM
Great find. Never knew about that newsletter either. The only bummer about that project is the RR tracks which seems to be a common theme for many of these multifamily projects.
Like with other projects in the works, I'll be curious what "affordable" actual means in terms of $'s per month or if it is an income-based rental program?
Posted 23 February 2022 - 03:58 PM
https://www.tdlr.tex.../TABS2022012450
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