Construction Begins on Phase II of Catalon at Lago Mar Luxury Apartments

Development, Multifamily Management

Entrance to Catalon at Lago Mar in Texas City, Texas

TEXAS CITY, TEXAS — Oldham Goodwin Capital, LLC the subsidiary of Oldham Goodwin Group, LLC and partner MGroup + Architects have broken ground on the second phase of Catalon at Lago Mar apartments in Texas City, Texas. The Class A residential addition will include four additional buildings offering a total of 170 apartment homes including 1, 2, and 3-bedroom units. The project is scheduled to be completed in November 2020.

“We are grateful to expand upon such a unique and successful project in Texas City’s Lago Mar community and pleased to partner with MGroup to deliver a best-in-class residential community,” said Hunter Goodwin, President and COO of Oldham Goodwin Group. “With Phase I standing at a current occupancy of 97 percent, Phase II will continue to provide future residents with a great central location surrounded by fantastic retail, restaurant, and employment opportunities. The team at Oldham Goodwin continues to maximize returns to its investors and stakeholders with another multifamily development in a proven market.”

Apartment homes will range from 715 to 1,417 square feet and continue with the style and charm featured in Phase I. Amenities will include a resort-style swimming pool, well-equipped outdoor exercise area with a turf field, a dog park, electric vehicle charging stations, and a carwash station.

For additional information about Catalon at Lago Mar, please call (409) 359-4070 or visit www.catalonatlagomar.com.

About Oldham Goodwin Group, LLC
Oldham Goodwin Group, LLC is a real estate services and investments company that specializes in hotel, multifamily, and commercial properties throughout the state of Texas. Our highly skilled professionals work together as a team to provide clients with best-in-class results for brokerage, development, management, and investment in the real estate sector. Strategically headquartered within the heart of the Texas Triangle in Bryan/College Station, Oldham Goodwin has additional offices to serve the Houston, San Antonio/Austin, Waco/Temple/Killeen, and Dallas/Fort Worth markets.

For more information about Oldham Goodwin’s brokerage or development services, please call the Bryan/College Station office at (979) 268.2000, the Houston office at (281) 256.2300, the San Antonio office at (210) 404.4600, the Waco office at (254) 255.1111, or visit our website at www.OldhamGoodwin.com.