New affordable housing project coming to Port Isabel

Franklin Development and the Port Isabel Housing Authority have teamed up to develop Artisan at Port Isabel – a 73-unit affordable multifamily apartment community in Port Isabel, according to a press release.

Franklin Development is currently “breaking ground” at what used to be Villa Del Mar I & II, at 106 Port Road.

Artisan at Port Isabel will be Franklin Development’s eleventh affordable multifamily property in Texas and the first outside the San Antonio and Dallas-Fort Worth markets.

This property will feature upgraded interiors, a business center equipped with several computer stations, community laundry facility, an adult education classroom, community room with kitchen, playground, children’s activity center, and shell space for a future community organization tenant. A variety of tenant services will be provided such as children’s afternoon recreational activities and tutoring, and various adult educational and social services.

“I am excited about this wonderful project that will improve the quality of life and provide better housing opportunities for the area residents," Mayor Joe E. Vega said. "I am pleased to know that many families will have a more comfortable and affordable place to live. With this, Port Isabel continues to make strides in the right direction."

Franklin Development is a San Antonio based company founded in 1995 by Aubra Franklin. By 2003 the company was named as one of the Top 50 multi-family development companies in the nation. Franklin is a fully integrated real estate development company which includes development, management and construction services. The company has excelled in multifamily development, specifically in the affordable and seniors markets. The company holds ownership interest and property management in over 4,000 units and currently employs 300 office and field staff.