AISD public‑facility board authorizes Anita Coy Apartments West Phase 2, clearing way for 334 units

The Public Facility Corporation Board of Directors of the Austin Independent School District on Thursday unanimously authorized the Anita Coy Apartments West transaction for Phase 2, clearing the way for a 334‑unit mixed‑income development.

The vote came after a presentation by developer Nick Walsh of NRP Group, who told the board the project is the second of a two‑phase transaction. Walsh said project financing for Phase 2 is in place with equity from Clarion Partners and Frost Bank signed on as the construction lender; Goldman Sachs had served as the Phase 1 lender. He said Phase 1 is roughly 10% complete and the team expects to begin Phase 2 construction later this year, with the first units delivered in fall 2027.

Walsh described site progress and shared infrastructure installed during Phase 1 — demolition, asbestos remediation, stormwater and sanitary systems — and showed photos of foundations and the upcoming parking garage. “This housing is completely open to the public. It is first‑come, first‑serve,” Walsh said, adding that roughly half the units will be rent‑ and income‑restricted and that the development includes family‑sized floor plans and multi‑bedroom units targeted at 60% and 80% of area median income.

Board members asked about community concerns and construction impacts. Walsh said an early concern was potential loss of trees but that the team had worked to preserve heritage trees, met with residents and city staff, and maintains community communications through a listserv, phone line, site billboards with QR codes and door‑to‑door flyers. He warned that some concrete pours may need to occur early in the morning because of heat and said the team will notify neighbors in advance.

During discussion board members praised the project’s workforce‑housing focus and family‑friendly amenities — including playgrounds, fitness centers and a planned on‑site child‑care space — while Walsh reiterated that the housing is open to the general public and not a district‑owned teacher dormitory. He described targeted outreach plans including preleasing and a preferred‑employer program intended to encourage teachers and district staff to apply but said occupancy by school employees cannot be guaranteed.

Secretary Boswell moved to approve agenda item 2.2, the Anita Coy Apartments West transaction; the motion was seconded and passed unanimously by the board. The meeting recessed briefly for an executive‑session discussion of real estate under the Texas Government Code and reconvened with no action taken in executive session. The open meeting was adjourned at 5:32 p.m.