INGLESIDE - The 220,000-sf Oaks by the Bay Apartments are now underway. Forrest Development of Houston is developing the 264-unit complex.
Oaks by the Bay will feature one- and two-bedroom units ranging from 722 sf to 941 sf. There will be a 50 percent split of 132 two-bedroom units and 132 one-bedroom units.
The 15-acre complex will has a density of 17.55 units per acre.
Reynolds & Lapp arranged the construction loan with Plains Capital Bank for the development of Oaks by the Bay.
Source: Reynolds & Lapp Commercial.
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