Lake Jackson Class A, 238-unit Plantation Park underwayLake Jackson Class A, 238-unit Plantation Park underwayhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=17522015-02-13T13:08:00Z2015-02-13T00:00:00Z

LAKE JACKSON - Plantation Park, a 238-unit apartment community located at 100 Cactus St., is underway. It is the first Class A apartment complex to break ground in the area since 2008.

Plantation Park will offer one-, two- and three-bedroom units. Common amenities will include a pool with a cabana, a dog park and a fitness center.

The developers closed in August on 27 acres of land between the Port of Freeport and downtown. The first phase of the project will be the 238-unit apartment complex on 15 acres of now wooded land abutting a residential community and existing apartment complexes.

Houston-based BHW real estate firm hopes the complex will house not just the transient construction workers but the young engineers and other white collar workers expected to move into the community in the next several years thanks to a boom in the petrochemical industry.

“It’s different from what is currently available in Lake Jackson,” said project coordinator Barton Kelly. “Everything you expect in Class A apartments in the Houston, you’ll find here.”

Current rents in Lake Jackson for a 700-sf one-bedroom could be as high as $1,200 a month. The total average for Class A apartments in the area is $1.40 a sf.

Houston Chronicle
Houston-The Woodlands-Sugar Land
http://blog.chron.com/primeproperty/2015/02/houston-developers-break-ground-on-lake-jackson-apartment-complex/#30496101=0Read more at {Source}

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