Will Waller Daiken plant spark apts? Class A project planned

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WALLER – A new apartment project is set to rise near Daikin North America LLC’s $417 million manufacturing plant northwest of Houston.

T R Inscore LLC plans to build a Class A, garden-style apartment project on the southeast corner of FM 2920 and U.S. Hwy. 290 in Waller County.

The 9.6-acre site is located just a few miles north of Daikin-Goodman Comfortplex Campus, the Japanese HVAC giant’s newest manufacturing plant currently under construction.

The new 4.1 million-sf plant — one of the largest industrial buildings under construction in the U.S. — is expected to open in fall 2016 and employ more than 6,000 employees by mid-2017.

The Cypress-based multifamily developer hopes to capitalize on the growing demand for housing in this region as a result of the new Daikin plant and other industrial projects in the northwest Houston area.

Currently, the closest Class A apartment communities are located in Cypress, which is about a 30-minute drive to the plant.

T R Inscore LLC plans to build a two-and three-story ranch-like apartment complex with 224 high-end units, which will average 792 sf in size. Estimated rent will average about $1,002 per month.

See previous story Cool! Daikin heats up $417M Waller campus.