VISTA RESIDENTIAL PARTNERS ANNOUNCE GROUNDBREAKING FOR WILLIAMS RANCH VISTA, A 375-UNIT COMMUNITY IN FORT BEND COUNTY, TEXAS

Fort Bend County, TX – Vista Residential Partners, a national multifamily development firm, has broken ground on 18.2 acres on The Southwest Freeway in Fort Bend County, Texas, for the development of Williams Ranch Vista, a 375-unit multifamily project adjacent to the Williams Ranch development.

Located along the I-69 Corridor in Fort Bend County, the Project is approximately 21 miles southwest of the Houston Galleria and 28 miles from downtown Houston. The immediate area has seen explosive growth over the past decade and is expected to add over 150,000 residents by 2030. With an overall A+ rating for area schools and four of the nation’s top-selling master-planned communities, Fort Bend County’s growth is poised to continue, fueled by new families choosing to live in the area.

“Williams Ranch Vista utilizes the PFC financing structure to deliver the residents of Fort Bend County a high-quality living experience in an area that continues to demonstrate continued growth. Fort Bend County and the overall region continue to be among the nation’s leaders in population growth with no signs of slowing“, says Jason Lentz, Managing Director of Vista Residential Partners. “This significant growth will enable the area to continue on its upward trajectory within the nation, and we could not be more pleased to invest in the market with a quality-driven product providing residents first-class finishes and amenity offerings.”

Williams Ranch Vista benefits from its proximity to Brazos Town Center, the 3 rd most visited power center in the state of Texas. Brazos Town Center includes over 140 tenants with over 2 million square feet of retail, dining, hotel, and entertainment options. Nearby major Fort Bend County employers include Amazon, Houston Methodist Sugar Land Hospital, Schlumberger, UPS, Memorial Hermann Katy, and Frito-Lay, which recently expanded its local facility with a $200 million investment.

“We’re excited to partner with the Rosenberg Housing Authority to deliver our high-quality, attainable product”, says Scott Hartley, Chief Investment Officer of Vista Residential Partners. “Alongside Parse Capital, A16Z, and BOK Financial, we’re excited to close on our first development in Texas.”

Williams Ranch Vista will service the growing demand for high-quality attainable housing that includes Class-A multifamily finishes and amenities with a mix of 1 and 2-bedroom apartment units. Interior finishes will include granite countertops in the kitchen/bath areas, stainless steel appliances, subway-tile backsplashes, wood-like flooring, a tiled shower surround, and a washer/dryer in each unit. Residents will benefit from a full amenity set including a resort-style pool, fitness area, clubhouse with coffee machines, a package center, and a dog park.

About Vista Residential Partners: Vista Residential Partners was founded in 2000 by Eduardo de Guardiola, an industry veteran with over 30 years of experience in multifamily investments and more. Headquartered in Atlanta, Georgia, Vista Residential Partners has 9 regional offices nationwide with a focus on the acquisition, development, and construction of multifamily and mixed-use communities.