Houston-based McGrath Real Estate Partners has acquired 9.16 acres for a 400-unit multi-family development in Houston, according to a press release. 

“We are excited to be a part of this fast-changing and vibrant area of Houston, with plans to break ground by October 2022,” said Barrett Kirk, chief investment officer at McGrath Real Estate Partners.

Located at 3939 West 12th Street, the development will feature seven unique floor plans with one- and two-bedroom and efficiency units available. 

Units will range from 496 to 1,283 square feet and feature modern finishes, including hard-surfaced countertops, stainless steel appliances and full-size washers and dryers. 

Additionally, the release noted that the community’s residents will have access to a resort-style pool, poolside cabanas, fitness facility, outdoor amphitheater and green space for hosting private concerts and other events.