Atlanta Company Upgrading Energy Corridor, Woodforest Apartment Complexes from Country to City

ATLANTA COMPANY UPGRADING ENERGY CORRIDOR, WOODFOREST APARTMENT COMPLEXES FROM COUNTRY TO CITY Saddle Ridge Apartments, 12800 Woodforest Blvd., Woodforest, HoustonA note on the purchase of 2 Houston apartment complexes by Atlanta’s Radco Companies noted in this morning’s roundup of Headlines: Urbanization — in advance or in recognition of actual changes-on-the-ground — appears to be part of the plan. In taking over the properties from Fannie Mae, Radco has renamed the 122-unit Country Place apartments at 1015 Country Place Dr. in the Energy Corridor to City Terrace. And the 458-unit Saddle Ridge apartments (pictured here) at 12800 Woodforest Blvd. at the northern tip of Riviera East, east of Uvalde Rd., is shedding its rural shadings under new ownership as well: It’s new name is City Crossing Apartments. The company also plans to spend an average of $13,300 per unit in upgrades. [Real Estate Bisnow; more info] Photo: Radco Companies