GenCap Partners Buys Manor Parcel for Apartment Project
GenCap Partners has acquired 26 acres of the Manor Crossing mixed-use development in Manor, Texas to build a 2-phase, 586-unit apartment community. The new project, The Park at Manor Crossing, will be located within the mixed-use Manor Crossing Development, which will include a grocery anchor and other national retailers. The site is within easy driving distance from tech companies in the East Austin area such as Tesla and Samsung.
The first 301-unit phase of The Park at Manor Crossing is anticipated to begin construction by the 4th quarter of 2022. Phase II will include an additional 285 homes with construction commencement targeted for the 4th quarter of 2024 and move-ins by the summer of 2026.
“We’re excited to be a part of this well-timed, master-planned development in Manor, one of the fastest growing cities in Texas. Housing in the Manor area of town is sorely needed” says David Castilla, CEO of GenCap Partners.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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