The NRP Group has broken ground on a 288-unit affordable housing community in Mesquite, Texas.
The Fielder, which will serve residents earning between 50% and 70% of the area median income, is being developed in collaboration with the city and the Mesquite Housing Finance Corp.
“In a city facing a severe workforce housing shortage, this development will provide much-needed affordable housing during a time when more than half of Mesquite renters are cost-burdened,” said Nick Walsh, vice president of development at The NRP Group. “We are incredibly honored to partner with the city of Mesquite and its housing finance corporation to bring high-quality, affordable housing to the area at such a critical time.”
The approximately $72 million development offers easy access to downtown Dallas and is minutes away from the newly completed Urban District 30, a 1 million-square-foot industrial park that spans 82 acres.
With one- to four-bedroom units, The Fielder can accommodate working professionals and growing families. Additionally, resident services will include essential health and wellness screenings, after-school programs, and financial literacy training. The development will also feature best-in-class amenities, including a pool, a fitness center, a community garden, a dog park, and numerous playgrounds.
The affordable housing development is the first partnership between a developer and the city of Mesquite, according to officials.“The NRP Group has been an exceptional partner throughout this process. They are committed to bringing a quality development to our community that will help us achieve our goals for diverse housing options. The Fielder is an important step in providing the workforce housing needed in our community, said mayor Daniel Alemán Jr.
This investment in Mesquite was made possible through low-income housing tax credit equity and construction financing from Bank of America, with permanent financing provided by Bellwether Enterprise Real Estate Capital.
The Dallas metro area is a priority market for The NRP Group, a leading developer, builder, and manager of multifamily housing. The firm has developed over 6,000 units across 27 properties in the region.
