The developer plans to invest $15 million to renovate the 11-story tower near Crockett Park while maintaining its affordability and historic character.
Fairstead, a New York-based real estate developer, announced Friday that it has acquired the Aurora Apartments in the Tobin Hill neighborhood.A New York-based real estate developer announced Friday it has acquired the Aurora Apartments, a residence for low-income seniors and people with disabilities in Tobin Hill.plans to invest $15 million to rehabilitate the aging, 11-story tower at 509 Howard St.
In 2017, San Antonio Code Compliance and Metropolitan Health District notified the federal Housing and Urban Development office in Fort Worth about anMeyer said at the time that he was complying with a corrective action plan and would have the infestation cleared within 10 days. Fairstead will temporarily relocate residents to a hotel during the renovation process, which will be done in phases, said a spokeswoman. Fairstead plans to coordinate with residents in advance, cover the costs associated with temporary accommodations and assign a relocation coordinator to assist residents with that process.
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