The Pointe at Crestmont
The Pointe at Crestmont
The Pointe at Crestmont was developed by Louisville-based LDG Development, the country’s largest builder of affordable housing.
LDG has developed more than 10,000 units for families and seniors in eight states including Georgia, Kentucky, Louisiana and Tennessee.
Location
Houston, TX
Date Completed
2019
# of Units
192
Occupancy Rate
100%
The Problem: Revitalizing an area that has been left in a state of disrepair
For years, the historic Crestmont Neighborhood in Houston Texas had dealt with an old dilapidated housing development that was drug and rodent infested and unsafe for those residents who were still living in these outdated units.
An increase in crime, sinking ceilings covered in mold, and, at times, no hot water, were just some of the conditions residents at this housing complex dealt faced.
The Solution: Developing a place people are proud to call home
After years of neglect, the City of Houston was able to force these out of town owners to close this property.
Working with neighborhood and community leaders, local businesses and other key stakeholder, city leaders and LDG began working with Crestmont residents to develop a community that provided much needed brand new high-quality affordable housing that reflects the renaissance taking place throughout this historic neighborhood and replaces the eyesore that was once at this site.
The Pointe at Crestmont is helping to attract additional investment into the area including a new school, retail shops and eateries as well as other amenities that are helping to revitalize this proud neighborhood.
The Results: Inviting economic activity throughout the area
The Pointe at Crestmont welcomed its first resident in in early 2019 and is currently 100 percent occupied.
Additionally, because of the success of The Pointe at Crestmont, and the on-going need for more affordable housing within this neighborhood, talks are underway for a “sister development” at a neighboring site that will provide high-quality, energy efficient apartment homes for seniors or area residents who are 55 and older.
For more information about The Pointe at Crestmont, click here.
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