Empire Group of Companies is set to break ground on the Village at Mayfair rental community this summer. The development will offer 217 units and is located within Mayfair’s expansive 1,900-acre master-planned community.
The project will be constructed by Legacy MCS, a reputable general contractor based in Austin. Financing for the development has been secured through Tower Capital in the amount of $47.4 million.
The build-to-rent homes at The Village at Mayfair will feature cottage-style designs and will be situated within a secure gated community. Residents can enjoy amenities such as open green spaces, barbecue grills, car care facilities, a fitness center, clubhouse and central pool.
Mayfair’s larger master-planned community includes over 6,000 residential units including multi-family buildings,single-family homes,and townhomes.The mixed-use development spans both sides of I-35 in New Braunfels.
This new BTR (build-to-rent) project marks an exciting addition to Empire Group’s portfolio as they continue to expand their presence within Texas’ thriving real estate market.