DALLAS (PRWEB) July 09, 2014
Trinsic Residential Group (“Trinsic”) announced that it has broken ground on a 288-unit apartment community in Houston’s thriving Energy Corridor. Aura Memorial will be located on Memorial Drive between Dairy Ashford and Eldridge Parkway.
“We’re excited about Aura Memorial for a number of reasons,” said Vince Spencer, Trinsic managing director. “At the top of the list is its perfect location for commuters, near the junction of the main east/west and north/south arterials in the Energy Corridor. Our new community is centralized within the 5.4 million square feet of office space under construction in the Energy Corridor, as well as existing energy and medical employment opportunities. The location is also within the sought after Spring Branch School District.”
The five-story building with attached parking structure will have one- and two-bedroom units with designer finishes such as granite countertops, stainless steel appliances, faux wood flooring and accent walls. Community amenities will include a business center, conference room, state-of-the-art fitness facility, clubroom and cyber café. Outside, plans include a resort-style pool, barbeque area and covered lounge. A second courtyard will provide an outdoor entertainment area incorporating a bocce ball court and an outdoor kitchen with adjacent covered game room.
“It’s clear from our research that urban professionals in the area will welcome a high quality development that provides easy access to shopping, dining and commuter routes,” added Spencer. “We expect Aura Memorial to lease-up quickly when work is completed.”
About Trinsic Residential Group
Trinsic Residential Group, LLC (http://www.trinsicresidential.com) is a privately owned firm focused on the development and acquisition of multifamily real estate in the Southwest, South Florida and Pacific Northwest regions. Trinsic develops investment-grade communities and acquires existing Class A and Class B properties that provide opportunities to add value. Since its inception in 2011, Trinsic has developed or currently has under construction more than 2,700 units totaling a capitalization of over $370 million.
For more information, please contact Sheri Thomas, director of asset management, 832-371-6295.