A new multifamily apartment complex is nearly complete off Loop 337 at 1661 Independence Drive, New Braunfels. Construction is anticipated to be completed and move-in ready by mid-March. Village Green is managing the project.
The Devereaux will consist of 240 units in one four-story mid-rise apartment building serviced by three elevators.
Community Impact reports the units will vary in size from studios to three-bedroom apartments, but the majority (136 units) will be one-bedroom and two-bedroom apartments (80 units). Rent ranges from $1,275-$2,300 per month. The total cost of the project is $ 51 million.
A resort-style swimming pool
In addition to fencing and controlled access gates, the Devereaux will offer various parking options, including carports and garages, totaling 408 spaces.
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.