Station42 Opens in Killeen: A New Era of Mixed-Income Housing and Inclusive Growth
The multifamily housing landscape in Killeen, Texas is experiencing a major enhancement with the grand opening of Station42, a notable mixed-income multifamily project resulting from the collaborative efforts of The NRP Group and various strategic partners. This development represents a significant milestone in addressing the urgent need for quality housing tailored to meet the requirements of Central Texas residents across different income levels.
Station42 is a response to the growing demand for affordable housing in a region that is witnessing brisk population growth. What makes this project particularly compelling is its aim to serve the “missing middle” — individuals and families caught between rising market-rate rents and housing affordability. By reserving over half of the units for residents earning less than 80 percent of the area median income (AMI), Station42 is a direct contributor to a more inclusive community where vital demographics, including military members, young professionals, and working families, can find a home.
Parker White, Vice President of Development at The NRP Group, expressed pride in both contributing to the revitalization effort in North Killeen and in serving as a facilitator for quality living. “It’s an honor to play a role in the revitalization of North Killeen while providing high-quality housing for members of the military, young professionals, and working families,” White stated. “Collaborating with the City of Killeen is a privilege, and we look forward to contributing to the city’s continued growth and prosperity.”
This development doesn’t shy away from luxury either, boasting a wealth of onsite amenities including a 24-hour fitness center, coworking lounge space, resort-style pool, and even EV charging stations — a nod to sustainable future-ready living that aligns with the city’s long-term vision encapsulated in the Killeen 2040 Comprehensive Plan.
Jessica Gonzalez, Killeen City Council Member District #1, captured the sentiment around Station42, pointing out both its beauty and its economic potential. “We are thrilled to celebrate Station42 which brings a new dimension to our community but also presents a unique affordability opportunity for our constituents,” said Gonzalez. “Station42 stands as a robust economic driver, and I believe it will significantly enhance the well-being of our residents while concurrently diversifying the range of housing options in Killeen. It’s beautiful to have the finished product here in our neighborhood.”
Indeed, Station42 is more than a housing development; it’s an economic catalyst set to energize the surrounding areas—a testament to the transformative power of thoughtful investment in the multifamily sector. It reinforces Killeen’s comprehensive plan to build up its downtown district and surrounding neighborhoods, key to the city’s fiscal health. Partnerships with financial institutions such as J.P. Morgan and Texas Capital Bank, ensure the project not only stands as an example of collaboration but also as an innovative step towards a more vibrant, inclusive Killeen.
As Station42 opens its doors, this milestone serves as both a blueprint and an inspiration for other multifamily initiatives seeking to balance growth, inclusivity, and community enhancement. It’s a beacon for the future of multifamily housing, embodying a vision where innovation and strategic partnerships forge pathways for economic vitality and quality living.