Dakota Enterprises to Develop 243-Unit Workforce Housing Community in Garden Oaks Area of Houston, Texas

HOUSTON, TX – Dakota Enterprises, a local multifamily developer specializing in market-rate, workforce housing, is proud to be developing its first community within the greater Garden Oaks area, Fishel’s Landing. The Houston-based developer anticipates breaking ground on the apartment community in the fall of 2020, with full delivery at the end of 2021. As with all of its ground-up properties, the new Dakota Enterprises development has been designed by Mucasey Architects and will be managed by Dakota Enterprises. The general contractor is Ibiza Enterprises, a sister company to Dakota. 

Dakota Enterprises purchased its nearly 225,000 square foot property at 4840 N. Shepherd Dr. from J.B. Jones of Jones Oil in April of 2019. The four-story, elevator-serviced, 243-unit development is located on the corner of North Shepherd and Janisch Road. 

The garden-style property will include a plethora of amenities for its residents. All units will include wood plank-style flooring, chef-style kitchen with stainless steel appliances and in-unit washers and dryers. Residents will also enjoy a clubhouse that houses a two-story gym, a swimming pool with a tanning deck and a grill station. The complex will also include a dog park, covered parking and valet trash service. The property will exceed all energy code requirements with LED lighting, high-efficiency water and electrical appliances and more. 

This development is especially meaningful to the Dakota Enterprises team and is reflected in its name, Fishel’s Landing. Dakota is rooted in keeping the business family-oriented and tied to its strong family values and connections. Founder & CEO, Rick Guttman, chose the name of the development to honor his late father-in-law, Fishel Wolf, who always admired Jones Oil. When Wolf was in the automotive repair industry, he looked to J.B. Jones as the premier supplier, and eventually finalized a partnership with him in 1989.   

“This is an exciting new project for the Dakota team as our dedication to the community and our goal to consistently develop quality market-rate housing continues to get stronger and stronger,” says Rick Guttman, Founder & CEO of Dakota Enterprises “When the opportunity arose to develop this project, I could see the vision for type, scope and, of course, the name immediately.” 

As part of its recent growth, Dakota completed a 160-unit development in Magnolia Park near Harrisburg and South Wayside in the fall of 2019 and is expecting to deliver its newest project, Milwee Street Apartments, a 170-unit community near Highway 290 and 43rd Street in spring of 2020, and will break ground on The Bridges at Bingle which is a 258-unit community in Spring Branch Central.

To learn more about Dakota Enterprises and its Fishel’s Landing apartment community, visit dakotaprop.com or contact Brooke Kaplan at brooke@likemindstalk.com.

ABOUT DAKOTA ENTERPRISES: Founded in 2006, Dakota Enterprises is a Houston, Texas-based multifamily developer which has focused on and built expertise in market-rate workforce housing since its inception. Staying true to its mission, Dakota Enterprises works to provide a better quality of life at an affordable price point to Houston’s and Texas’ growing workforce community through ongoing rehabilitation and new development of safe, inviting and high-quality multifamily properties that enable residents to stay in the neighborhoods they’ve come to know. Through its development, Dakota remains steadfast in its goal to build upon and provide value to the diversity and heritage within each local community. Dakota Enterprises currently owns and manages seven Houston-area apartment communities with making up over 1,000 units, with an additional three more developments currently under construction.  

TRENDING

Capital Square and Partners Complete 195-Unit Single-Family Build-For-Rent Community in Suburban Dallas Submarket of Denton DALLAS, TX - Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the construction completion of Perch Denton, a 195-unit, single-family build-for-rent community in the Dallas suburb of...

More Stories

Get The Newsletter

Get The Newsletter

The latest multifamily industry news delivered to your inbox.