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NRP Group Breaks Ground on 675-Unit Multifamily Redevelopment Project in East Austin

AUSTIN, TEXAS — The NRP Group, a Cleveland-based multifamily owner-operator, has broken ground on Phase I of a 675-unit multifamily redevelopment project in East Austin. Developed in partnership with

Summary

AUSTIN, TEXAS — The NRP Group, a Cleveland-based multifamily owner-operator, has broken ground on Phase I of a 675-unit multifamily redevelopment project in East Austin.

Developed in partnership with the Austin Independent School District, the project will convert the former Anita Ferrales Coy School, located on an 18-acre site at 4812 Gonzales St.

, into a mixed-income community. The Austin Business Journal reports the redevelopment project has a total cost of approximately $142 million. The fir

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