Tuesday, September 13, 2016

MULTIFAMILY TAX CREDIT APARTMENT COMMUNITY

MULTIFAMILY TAX CREDIT APARTMENT COMMUNITY

BY KENNETH J. PUNCERELLI, CEO LAI DESIGN GROUP
LAI Design Group recently designed Trails at Palm Center. Trails at Palm Center is a 90 unit LEED Certified multifamily tax credit apartment community. The site is located generally near the north east corner of Griggs Road and Martin Luther King Jr. Boulevard in the City of Houston’s Third Ward District. The site is uniquely positioned within a 3 minute walk to a light rail stop on Griggs Road. The light rail line extends north to the University of Houston as well as other employment centers such as Downtown. The 3.54 acres site accommodates 3 apartment buildings, parking and open space amenities for its residents. Residential accommodations include 10 studio units, 46 one bedroom units and 34 two bedroom units. Common area amenities include a leasing office, coordinators office, furnished community rooms, a business center/library, fitness facilities, an outdoor swimming pool, a children’s playscape area, barbecue grilling, play lawns, security fencing and gated controlled access, along with a linear park and open space along the Belmont Gully.





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