{"id":1004108898,"date":"2014-12-04T11:07:02","date_gmt":"2014-12-04T19:07:02","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=311366"},"modified":"2020-05-13T21:57:52","modified_gmt":"2020-05-14T05:57:52","slug":"itex-group-prepares-to-break-ground-on-new-affordable-housing-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\/","title":{"rendered":"ITEX Group Prepares to Break Ground on New Affordable Housing Project"},"content":{"rendered":"<p><em>By Liviu Oltean, Associate Editor<\/em><\/p>\n<div id=\"attachment_311367\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/The-Village-at-Palm-Center-Rendering.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-311367\" title=\"The Village at Palm Center Rendering\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/The-Village-at-Palm-Center-Rendering.jpg\" alt=\"\" width=\"300\" height=\"193\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">The Village at Palm Center Rendering<\/p>\n<\/div>\n<p>ITEX Group, a private real estate investment firm headquartered in Port Arthur, Texas, will soon start work on turning an empty flea market into an affordable apartment and retail complex. Dubbed The Village at Palm Center, the project will feature about 222 housing units \u2013 154 apartments and 68 townhomes \u2013 and 14,500 square feet of retail space.<\/p>\n<p>Located at 5330 Griggs Road, the project received $15.3 million in federal funding from the Hurricane Ike Disaster Recovery Program, which is meant to spur the creation of affordable housing for low- to moderate-income individuals affected by the hurricane.<\/p>\n<p>According to the company\u2019s official website, The Village at Palm Center will combine two- and three-story townhomes and apartment buildings, which will help create the foundation and character of the new neighborhood. In addition, parking will be supplemented with a parking garage for apartment residents and individual garages for townhome tenants.<\/p>\n<p>Units&#8217; amenities include Energy-Star appliances and light fixtures, nine-foot ceilings, laundry connections, granite counters, hardwood-style flooring, double crown molding and private storage. The community will also have at its disposal a promenade, resort-style pools, playgrounds, gazebos, a splash pad, barbecue pits and picnic tables. The center of the project will be a 4,000-square-foot community building with a computer lab, a state-of-the-art exercise facility, meeting areas, a coffee bar and a daycare center.<\/p>\n<p><em> <\/em>Image courtesy of ITEX Group via official <a href=\"https:\/\/itexgrp.com\/\" rel=\"nofollow\" >Website<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITEX Group, a private real estate investment firm headquartered in Port Arthur, TX will soon start work on turning an empty flea market into an apartment and retail complex. Dubbed The Village at Palm Center, the project will feature about 222 housing units &ndash; 154 apartments and 68 townhomes &ndash; and 14,500 square feet of retail space.<\/p>\n","protected":false},"author":1158,"featured_media":1004507243,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,21742],"tags":[],"class_list":["post-1004108898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-houston","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>ITEX Group Prepares to Break Ground on New Affordable Housing Project - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ITEX Group Prepares to Break Ground on New Affordable Housing Project\" \/>\n<meta property=\"og:description\" content=\"ITEX Group, a private real estate investment firm headquartered in Port Arthur, TX will soon start work on turning an empty flea market into an apartment and retail complex. Dubbed The Village at Palm Center, the project will feature about 222 housing units &ndash; 154 apartments and 68 townhomes &ndash; and 14,500 square feet of retail space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-04T19:07:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-14T05:57:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/The-Village-at-Palm-Center-Rendering.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\\\/\"},\"author\":{\"name\":\"Liviu Oltean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"headline\":\"ITEX Group Prepares to Break Ground on New Affordable Housing Project\",\"datePublished\":\"2014-12-04T19:07:02+00:00\",\"dateModified\":\"2020-05-14T05:57:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\\\/\"},\"wordCount\":243,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/The-Village-at-Palm-Center-Rendering.jpg\",\"articleSection\":[\"Houston\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/itex-group-prepares-to-break-ground-on-new-affordable-housing-project\\\/\",\"name\":\"ITEX Group Prepares to Break Ground on New Affordable Housing Project - 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