FTK Launches $12MM Brookside Gardens Rehab

FTK Construction Services has launched the rehabilitation project for Brookside Gardens Apartments. (Photo: Business Wire)

ALLEN, Texas--()--FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, has launched the rehabilitation project for Brookside Gardens Apartments. The property, located at 3525 Sam Houston Parkway East in Houston, TX, was built in 2006, is three stories and has 240 one-, two- and three-bedroom apartments. The value of the contract is $12,642,300. The lender for the project is KeyBank.

The owner of the property is DevCo Residential Group, an integrated development and investment company headquartered in Washington, focused on multi-family communities. Founded in 1994, the company and its affiliates develop, own, and manage over 10,000 affordable and market rate apartments throughout the United States.

Interior renovations will include paint, flooring, door hardware, plumbing fixtures, light fixtures, HVAC updates and ADA unit upgrades including cabinet and countertop replacements. Exterior renovations will include accessible walkways, parking area restriping, exterior lighting, pool updates, property signage and replacing roofs on all buildings.

Griffin Hitzel, Development Manager, Southwest for DevCo Development, said, “DevCo is excited to be working with FTK on another project in the Houston area, and appreciates the continued partnership between DevCo and FTK. We look forward to providing 240 renovated units to the tenants at Brookside Gardens.”

Jim Goodman, FTK’s CEO, said, “We’re very pleased to be working with the DevCo Team again, and are excited about the Brookside Gardens project. The project has launched, and everything is going smoothly, thanks to great advanced planning on DevCo’s part and our team’s preconstruction thoroughness. It’s going to be a great project.”

About FTK Construction Services

FTK Construction Services is a nationwide full-service General Contractor, with three divisions of Multifamily expertise: Affordable Housing/Low-Income Housing Tax Credit (LIHTC) preservation projects, Multifamily Renovations and Disaster Services/Insurance related property damage restoration. FTK has completed projects in 33 states to date and has delivered over 5,300 Affordable Housing/LIHTC units. To learn more, visit our website at ftkconstructionservices.com, and follow us on LinkedIn, Facebook, X (Formerly Twitter) and Instagram.

Contacts

Sales Inquiries: Kim Goodman
Kim.Goodman@ftkmail.com

Press Inquiries: Kayla Prine
Kayla.Prine@ftkmail.com

Release Summary

FTK Construction Services has launched the rehabilitation project for Brookside Gardens Apartments.

Contacts

Sales Inquiries: Kim Goodman
Kim.Goodman@ftkmail.com

Press Inquiries: Kayla Prine
Kayla.Prine@ftkmail.com