New $51 Million Apartment Complex Moves Closer To Being Built In North Killeen

At Tuesday night's meeting, the Killeen City Council voted to create a Public Facility Corporation that will make way for a new $51 million apartment complex in North Killeen near E. Veterans Memorial Blvd and WS Young Drive.

Mayor Jose Segarra cast the tie-breaking vote for both the creation of the PFC and rezoning the 22.54-acre piece of land that will be part of the North Killeen revitalization program. The City is in discussions with The NRP Group to construct the planned apartment complex.

According to the Killeen Daily Herald, the establishment of the public facility makes it only available to municipalities and not private developers.

For over two months, the City Council has talked with the NRP group, which will not be paying property taxes for 75 years.

Local developers have reportedly taken issue with that.

Others look at this as a bright spot for the revitalization of North Killeen because it includes incentives for residential and commercial businesses.

What do you think? Is construction of a new apartment complex in North Killeen the sort of shot in the arm the area needs, or do you think there are better ways to revitalize the area?

You can see a full video recording of Tuesday night's meeting here, along with agendas and minutes. Downloadable documents include surveys, site plans, and maps.

Be sure to bookmark this page to have access to future recordings and documents from the City of Killeen so you can keep on top of what's going on in your city.