The NRP Group has been working for nearly two years to develop the first affordable apartment community for students and families seeking such housing in the Palo Alto College area. The NRP Group celebrated the grand opening of their newest community, Esperanza At Palo Alto, on April 5 at 12305 S.W. Loop 410. The new development offers various amenities, and focuses on the part-time student population and their families. “Developments of this nature are vital to District 4,” said Rey Saldana, District 4 Councilman, in a news release. “The fact that NRP can provide housing at these rates, for students and families to live, near where they work and go to school is so important to our community.”
Located near Palo Alto College and Texas A&M University-San Antonio, the 322-unit development is minutes away from Interstate 35, and quick access to an increasing number of commercial and recreational destinations around the city’s South Side. “We are excited to bring this project to the students and families in South Side San Antonio,” said Dan Markson, NRP senior vice president, in the release. “The affordability provides housing for numerous families and students and the location brings growth to the area.”
The Esperanza At Palo Alto is a product of a partnership between the NRP Group, San Antonio Housing Trust and the city of San Antonio. There are one-, two-, three- and four-bedroom floorplans. Community amenities include a 24-hour fitness center, playground, business/study center with high-speed wireless Internet, pool, gated access, a community room, on-site laundry facility, conference room, and a children’s activity center. Unit amenities include covered patios/balconies, washer/dryer connections, ceiling fans in all bedrooms and living areas, and ceilings nine feet above the floor.