HOUSTON, TX – Wan Bridge, a Texas-based developer and build-to-rent community (BTR) operator, announced the company's first community in Georgetown, a city in central Texas north of Austin. The Georgetown Heights ward is part of a multi-billion dollar expansion plan that the company recently announced that aims to build 20 to 30 new BTR churches in the suburbs of Houston, Dallas and Austin over the next 12 months.
Wan Bridge's newest ward, Georgetown Heights, will feature 50 two-story, three- and four-bedroom maisonettes ranging from 1,400 to 2,100 square feet. Wan Bridge focuses on a modern, high-end style with functional floor plans and practical features in the design and construction of its homes. In addition to the master bedroom, other bedrooms offer options for offices and hobby rooms, guest accommodation and more. Each of the houses will feature open floor plans, spacious bedrooms and contemporary design for a true blend of form and function. Georgetown Heights is located at 512 Northwood Drive in Georgetown.
"We chose Georgetown as our next development destination not only because of its proximity to Austin, but also as a desirable location itself that is a great place for business people and growing families to live, work and play," said Ting Qiao, CEO and co-founder of Wan Bridge. "Bringing a BTR parish to Georgetown is the next step in our journey to transforming living across the state by offering Texas residents another high-quality option."
A growing, safe, and friendly submarket of the Austin area, Georgetown Heights is close to a wide variety of restaurants, parks, and recreational facilities, as well as health and grocery stores, casual and upscale restaurants, and several national retailers. Families with children living in the community have access to the model public schools of the Georgetown Independent School District.
Wan Bridge recently announced a multi-year, multi-billion dollar capital commitment from a well-capitalized investment-grade US institution to significantly accelerate growth. BTR has ambitious plans to penetrate the top 50 submarkets of Texas by building 30,000 homes over the next five years, primarily in the suburbs of major Texas metropolitan areas.