Empire Group of Companies has successfully secured a $62.4 million loan to kickstart construction on its latest project, Village at Hutto Station in Texas. This build-to-rent community will be conveniently located near the Hutto Mega TechCenter and the new Samsung Semiconductor plant.
The financing for this development comes from Arbor Realty, marking Empire Group’s fifth single-family build-to-rent project funded in partnership with them. The general contractor for the project is Legacy MCS based in Austin, with an estimated completion time of two years.
Spanning 30.6 acres, Village at Hutto Station will offer 276 units ranging from one to three bedrooms and floor plans between 680 to 1,300 square feet. Each rental home will feature private backyards and smart home technology packages for added convenience. Residents can also enjoy amenities such as a resort-style pool and jacuzzi, barbecue areas with fire pits, a fitness center, clubhouse,and walking paths along with access to a dog park.
This exciting news marks another successful venture by Empire Group as they continue their expansion into the Texas market through quality developments like Village at Hutto Station.
