Del Valle: 240-Unit Affordable Apartment Complex Planned Near Circuit of the Americas
Featured Photo (above): Preliminary elevations for the apartment buildings at the planned Agave East multifamily residential development east of Austin. Image: Herman and Kittle Properties
By Edmond Ortiz
Del Valle (Travis County)—An Indianapolis developer plans to build a 240-unit affordable apartment community just west of the Circuit of the Americas racing/event venue.
Herman and Kittle Properties looks to build Agave East on a mostly vacant 11.7-acre tract west of the intersection of Elroy and McAngus roads.
Travis County Commissioners Court on June 30 passed resolutions, supporting tax-exempt bonds to help finance the construction of six affordable housing projects, including Agave East Apartments.
The bond amount for Agave East is $35 million. The estimated total project cost is $49 million. The one-, two- and three-bedroom apartments will be constructed inside seven three-story buildings.
The housing units will measure from 835 to 1,280 square feet. The apartments will include covered patios at ground level or balconies above ground, additional storage, washer/dryer appliances, ceiling fans, walk-in closets, and hard-floor surfaces in all areas except bedrooms.
A separate building will house the leasing office, a fitness center and other common area amenities.
Community amenities will also include a playground, swimming pool, security fencing, dog park, lighted pathways, a pavilion, barbecue grill and picnic area, business center with computers and a printer/scanner, furnished community center with kitchenette, activity room with arts and crafts, high speed WiFi across the clubhouse, and bicycle parking.
Preliminary architectural site plan for Agave East Apartments. Image: Herman and Kittle Properties
Stone and brick veneer will make up the buildings’ exterior material. There also will be 360 surface parking spaces.
A vacant single-family home on the property must be demolished to accommodate new constriction.
There is no estimated construction schedule or delivery method. VBX members may track this project using ID number: 2020-4EE4.
Herman and Kittle applied for 4% low-income housing tax credits from the Texas Department of Housing and Community Affairs.
All housing units will be reserved for people earning between 50% and 70% of Area Family Median Income (AMFI). Social services will be available on site for residents.
Herman and Kittle has developed, built and managed more than 150 multifamily properties in nearly 20 states in the Midwest and South.
The company recently expanded into Texas and is currently working on six projects in Texas.
Edmond Ortiz is a lifelong San Antonian and a 20-plus-year veteran in local journalism, He previously worked full-time at the San Antonio Express-News, and has been freelancing for outlets such as the Rivard Report.