According to a June 18 construction report by ApartmentData.com, 1,426 multifamily housing units have opened in the Spring and Klein area within the last year, with 1,482 more units under construction and 992 more units proposed for the area.
“Really, over the last several years, Katy and the outlying areas of The Woodlands and Spring have been leading the city in suburban development in terms of apartments, and I think that has to do with the jobs available and [the] desirable schools that are located there,” ApartmentData.com President Bruce McClenny said in a June 19 interview. “I think development is just driven by where people want to live and raise their families.”
Here is a roundup of multifamily housing projects that have recently opened, are under construction or proposed in the Spring and Klein area:
Multifamily projects that have opened within the past 12 months
1. Adley at Gleannloch Apartments
Number of units: 260
Occupancy*: 33%
Starting move-in date: September 2019
Management company: Davis Development
2. Asher Oaks
Number of units: 330
Occupancy*: 49%
Starting move-in date: August 2019
Management company: Greystar
3. Bridestone Crossing
Number of units: 200
Occupancy*: 35%
Starting move-in date: June 2019
Management company: Maxx Property Management
4. Cardiff at Louetta Lakes
Number of units: 168
Occupancy*: 49%
Starting move-in date: October 2019
Management company: FDI Management Group
5. Ivy Point Klein (55+ active adult living community)
Number of units: 132
Occupancy*: 27%
Starting move-in date: February 2020
Management company: Capstone Real Estate SVC
6. Magnolia by Watermark
Number of units: 336
Occupancy*: N/A
Starting move-in date: June 2020
Management company: Watermark Residential
Multifamily housing projects that are under construction
7. Allora Spring Cypress
Number of units: 351
Starting move-in date: October 2020
Management company: Trammel Crow Residential
8. Ariza Gosling
Number of units: 316
Starting move-in date: September 2020
Management company: Cypressbrook Co.
9. Broadstone Vintage Park
Number of units: 386
Starting move-in date: July 2020
Management company: Alliance Residential Co.
10. Mera Vintage Park (55+ active adult living community)
Number of units: 179
Starting move-in date: August 2020
Management company: Sparrow Partners
11. Vale Luxury Apartments
Number of units: 250
Starting move-in date: September 2020
Management company: Davis Development
Proposed multifamily housing projects
12. Canopy at Springwoods
Number of units: 332
Management company: Fein
13. Prose Champions
Number of units: 360
Management company: Alliance Residential
14. Project by Gencap Partners (unnamed)
Number of units: 300
Management company: Gencap Partners
*As of June 18
Publication: Spring Community Impact Newspaper