Oak Hills Country Club sells 10 acres to multifamily developer Alliance Residential
The historic but ailing Oak Hills Country Club sold about 10 acres next to its clubhouse to a partnership linked to a national multifamily developer in order to raise money for improvements.
The country club sold the land to CRP/AR Oak Hills Owner LP, an affiliate of Phoenix-based developer Alliance Residential Co., property records show. The land, close to Louis Pasteur Drive next to the South Texas Medical Center, is zoned for multifamily development with up to 33 units an acre.
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