Developer closes on 22 acres in fast-growing Alliance Corridor
FORT WORTH, TEXAS – EMBREY, a diversified real estate investment company based in San Antonio plans to erect 232 build-to-rent homes in the Alliance Business Corridor after closing on 22 acres there. The project called Collection Hunter Crossroads is its second project in Cowtown.
The Alliance commercial airport which opened in the early 1990s sparked an incredible level of growth for the area which continues 30 years later. Just a few miles west of Alliance Airport, Collection Hunter Crossroads will deliver high-quality housing for the growth that is expected to continue in that region.
“We’re thankful to our partners at Plains Capital Bank and Transwestern, which brokered the deal,” Senior Vice President of Development Jeremy Williams said.
“EMBREY’s ‘Collection’ brand continues to deliver the highest quality luxury rental living with the look and feel of a residential neighborhood.” Hunter Crossroads’ first occupancy is expected for March 2025 with the project slated for substantial completion by 2026.
The project is part of a larger master planned commercial and retail power center with popular retail brands and family dining experiences like Texas Roadhouse.
The community will have 116 one and two-story modern farmhouses and the rest will be duplex-style homes. It will be a gated private community with a private clubhouse, game room and media room. There will be a fitness center connected to an outdoor exercise and yoga lawn. The resort-style pool will have sun decks and cabanas. Other outdoor features include space for entertainment, a fire pit, grilling and covered dining areas. There is also a designated food truck area with picnic- style seating, a large fenced-in paw park with covered seating area, managed Wi-Fi, detached garages with electric vehicle car charging and covered surface parking. Interior finishes will feature built-in desks and walk-in showers in select units.
Kitchens will have granite countertops and stainless-steel kitchen appliances. There are private, fenced-in yards and select units will have private driveways with electric vehicle charging stations, and attached one and two-car garages with electric vehicle charging provided.
About EMBREY
San Antonio-based EMBREY is a diversified real estate investment company that owns, develops, builds, acquires, and manages multifamily and commercial assets in targeted markets across the United States. Since 1974, EMBREY has developed more than 44,000 apartments and over 6 million square feet of commercial property. EMBREY is a leading developer in the multifamily sector, with more than 6,000 units under construction or in development.