Waxahachie to Get Second Kalterra Rental Community
Kalterra Capital Partners is building a second multifamily development in the town with Rowan Properties. The Fitzgerald, a 184-unit apartment complex is just across the street from Park Place Apartments, which Kalterra built and sold to Rowan in May of 2021. Both companies hope to have the new project done by the summer of 2023. Rowan’s Mike Burch is confident the project will work out, “Waxahachie is a growing, vibrant market with strong demographics and a long-term future, and we expect the Fitzgerald to experience the same level success as Park Place.”
Like its predecessor, the new property will offer future residents nearby shopping, restaurant and recreational. opportunities. The Fitzgerald will consist of one and two-bedroom units with a pool and grilling stations. In addition, the project will include a volleyball court, fitness center and a movie theater/game room.
Kalterra Construction and Brownstone Construction are collaborating on the build, the fifth project the duo has worked on together.
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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