The Lubbock Housing Authority wants to build a new apartment complex. But the city council isn't ready to approve the measure. The 184 unit complex would be built on an 82nd Street lot, between Avenues P and U.
At Wednesday's city council meeting, the Housing Authority asked the city to develop a sewer main from 82nd to 98th Street. But the city isn't ready yet to put up more than $281,000 for the project. Jim Gilbreath, City Councilman says, "My question has more to do with the city of Lubbock being in the apartment business and competing with other apartment owners in the city."
The $11 million apartment building would ultimately benefit the Lubbock housing authority, bringing in $4 million within three years. But first the apartments would be built by a private firm, not by the Lubbock Housing Authority.