Featured Illustration (above): Early conceptual site plan for Wildhorse Planned Unit Development. The proposed Wildhorse Flats affordable apartment complex will be located on the northwest corner of the sprawling master-planned mixed-use community between Austin and Manor. Image: Elmington Capital
By Edmond Ortiz
Austin (Travis County)–An affordable 310-unit apartment community is proposed for construction on the far Northeast Side.
City Council on March 26 voted to approve Nashville-based Elmington Capital’s application for housing tax credits for Wildhorse Flats.
Elmington formed a limited partnership, ECG Wildhorse, to develop the project. The developer is applying for a 4% low-income housing tax credit.
This multifamily housing community will be located in the Wildhorse Planned Unit Development near Wildhorse Trail and East Parmer Lane, southeast of U.S. Highway 290 and Texas Highway 130.
Plans call for 106 one-bedroom units, 122 two-bedroom units, 56 three-bedroom units, and 26 four-bedroom units. Sixteen of the units will be tailored to mobility-impaired tenants. Another seven units will be dedicated to sensory-impaired tenants.
All units will be restricted for individuals earning up to 60% of the median family income.
Estimated construction costs total $31 million. No information is available about the estimated construction schedule or delivery method. VBX members may track this project using ID number: 2020-292B.
The Wildhorse PUD is a 1,450-acre mixed-use community with single-family homes to be built by Brohn Homes and Highland Homes, and multifamily, office, medical and retail space. More than 500 acres are dedicated to open space, trails and community parks. The overall development lies between Austin and Manor.
Wildhorse Flats will be near a 5.1-acre tract that dedicated for a future Capital Metro rail station. The new apartments will also sit just west of a tract reserved for an elementary school and a community park.