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Brooks Inviting Market-Rate Projects – Connect CRE

The Brooks Development Authority is expanding outside the former confines of the former Brooks Air Force Base, in order to provide market-rate developments. The authority’s mission until now had been to provide affordable housing. Brooks is starting to attract tenants from many of the quality employers in the region.

Brooks bought 24 acres outside its border and will lease 14 acres to NRP Group to build market-rate rental units. The total project is expected to cost about $78.2 million and add approximately 350 apartment units to the area.

Brooks will start surveying its current population to determine what commercial and retail interests they prefer across from the Brooks development. The apartments and commercial buildings are slated to rise on the northwest side of the Loop 410 and Interstate 37 interchange.

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