Multifamily project generates high demand for affordable housing in McKinney
Addison, Texas, September 29, 2015 – KWA Construction, a leading general contractor specializing in multifamily developments, has completed the Millennium, a 162,440-sq-ft, modernly designed affordable housing project on behalf of GroundFloor Development. Located in McKinney, Texas, 130 of the 164 residences will be reserved for low-income residents as an affordable housing option. The Millennium will mark KWA’s third construction assignment completed for GroundFloor Development.
The Millennium McKinney residences consist of high-quality wood-frame construction and feature 100 percent masonry exteriors with careful architectural detailing by Architettura, Inc.. The four-story multifamily rental development features one-, two- and three-bedroom units that offer nine-foot ceilings, patios and balconies, high-end appliances and more.
“We greatly value the opportunity to contribute KWA’s expertise to such a high-quality multifamily construction project like the Millennium. From the finest materials to the exceptional design, every aspect of the project was executed with considerable thought and precision,” said Brian Webster, Vice President of KWA Construction. “It is always a pleasure working with GroundFloor Development, and we look forward to continuing our shared success with our additional upcoming projects.”
Amenities in the Millennium include a community center with a swimming pool, library, business and fitness centers, sun porch and cookout area. The location allows for children living in the Millennium to attend schools in the exemplary-rated Frisco Independent School District and adults to have access to life-enrichment opportunities such as financial planning and health and nutrition classes.
“While Millennium is primarily an affordable housing project, our objective was to construct a best-in-class building that would be indistinguishable from market rate properties in the area,” said Richie Keen, Vice President of Operations at KWA Construction. “The accelerated rate of leasing applicants is a testament to achieving that.”
The Millennium affordable housing project is a combination of not-for-profit organization Inclusive Communities Project, which works to create and expand affordable housing opportunities, and McKinney’s Housing Authority, whose mission is to serve the housing needs of low to moderate income families in the authority’s jurisdiction. These two organizations have worked together to bring the Millennium project and others to the McKinney area.
# # #
About KWA Construction
KWA Construction is a Dallas-based construction firm specializing in multifamily developments. As general contractors, our team of experts has developed a reputation for being among the best in our industry. Founded in 2004, KWA Construction serves from a foundation of values created and realized by each individual who works in our organization. We strive to set the standard for excellence at the beginning of a project and carry that high standard throughout every process and estimate to ensure clients receive the greatest value at the right cost, every time. For more information about KWA Construction, visit www.kwaconstruction.com.
Arden Elliott, Cooper Smith Agency
firstname.lastname@example.org, (214) 329-9191 x703