Monday, August 24, 2009

Apartments on Eagle Drive

There is a rumor going around (I am not sure where it started) that the apartments being constructed on Eagle Drive are going to be section 8 housing, low-income housing, or whatever.

This is NOT true.

Mr. Gerald Teel, the developer of the complex, indicates that the rents will be around $1000/month for the two bedroom units (which will be what most units will be) and slightly more for the three bedroom and slightly less for the one bedroom. $1000/month is a lot to pay for an apartment. I think this speaks to the quality of apartment that these units will be, as well as the relative affluence of those living there. It's safe to assume that $1000/month represents 1/3 of a person's income, so these folks will need to make $3000/month in order to comfortably afford these apartments.

Please use this information to dispel any lingering doubts or rumors that may be out there. Please also let people know that if they have questions or concerns to let me know and I'll do what I can to help.

Thanks!

4 comments :

Anonymous said...

Any idea when the completion date is on the new apartments? We live in Baytown currently due to job transfer and can't wait to have the opportunity to move to Mont Belvieu.

Bill Cobabe - City Planner said...

Not sure - give me a call or shoot me an email and I will get you some contact information about who you might contact. Or there's a sign out front that may have contact information.

Unknown said...

Hi i was wondering if there was a special link or waiting list started for these apartments. If so where can i find this info? Thanks

Bill Cobabe - City Planner said...

Amber - please give me a call or shoot me an email or stop by City Hall and I'll give you the skinny on the new apartments. I don't have permission to give out the guy's phone number on a website he's not affiliated with, but I can give it to you privately.