Modern Home Builder - Winter 2016 - Volume 2 - 130
" They want a short commute, along with the community of being with other
people in an urban, pedestrian lifestyle. " KENT COLLINS, P
Centro Development produces apartment complexes that reflect the neighborhood in which they are built.
Centro Development builds apartments in
Austin that allow residents the convenience
of an urban environment. BY STEPHANIE CRETS
www.centrodevelopment.com / Revenue: $60 million
/ Employees: 4 / Location: Austin, Texas /
Specialty: Real estate development firm
www.mhb-magazine.com Winter 2016 Volume 2
il ing homes to re ect their neigh orhoo is entro evelopment's goal. The company believes that one of the highest
compliments a builder can receive is that the project speaks of its
location and reflects its neighborhood.
When starting a new project, its architects take many photos
of the surrounding area. "We try not to do the same-old formulaic thing everyone else thinks of when they go to a certain place,"
Principal of Centro Development Kent Collins says. "What sets us
apart is that we are trying to create urban apartment retail projects
that reflect and add to the places in which they are located."
The garden apartment model is an apartment complex that
consists of eight to 20 buildings with 10 to 20 apartments each.
The buildings are generally sprinkled around a site with attached
parking for each building. This is a lower-density product that underutilizes the area with only 15 to 35 units per acre, whereas an
urban model has 65 to 110 units per acre, depending on the model
of the apartment.