Palladium USA Building Mixed-Income Development in Anna
The $64 million project will include 239 units. The Anna Public Facilities Corp. issued $33 million in tax-exempt bonds to help fund the development. In return, Palladium USA will offer some rooms at a reduced rate, depending on annual income.
The project will offer up one, two and three bedroom formats. It will include a pool, fitness center, children’s playroom, dog park and clubroom.
In the span of a few months, two major tech manufacturers, Texas Instruments and GlobiTech announced plans to build significant projects just miles away. Pre-leasing will begin next summer.
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.