LUBBOCK, TX – April 18, 2022 – McGrath Real Estate Partners, a Houston-based leader in student and multifamily development, has announced the acquisition of 15.08 acres in Lubbock, Texas. The well-known Houston based developer plans to develop a Class A student housing development.
The development will be located on the newly expanded Auburn Street between Slide Road and Winston Avenue in Lubbock, TX. Located on the Citibus purple route, the site is less than 7-minutes away from Texas Tech University.
The 734-bed student housing development will feature eight unique floor plans including both flats and townhome units configured in one-,two-, three-, four- and five-bedroom units. Units will range in size from 559SF to 1,980 SF and will feature the best modern finishes such as granite counter tops, stainless steel appliances and full-size washer and dryers.
Community amenities will include a resort style pool, poolside cabanas, as well as outdoor recreation such as table tennis, sand volleyball court, dog park, horseshoe pit, corn hole and outdoor deck with oversized TV’s and grilling terraces.