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Troubled Complex Getting Multimillion-dollar Renovation

10/30/2025

 
Big Buzz Blog - October 2025
The multimillion-dollar renovation of the former Oak Park and Gulf Grove Apartments in Waveland is expected to be completed in the next several months. 

- By Lisa Monti 
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The apartment complexes formerly known as Oak Park and Gulf Grove Apartments in Waveland were considered an eyesore for years and were condemned by the city in 2024.
 
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The Thrash Group of Hattiesburg took over the troubled complex on Waveland Avenue in July, 2024 and began working on the project soon afterwards. Renovations on the 236 units include new roofs, windows, interiors, and appliances. Work is being done by Thrash’s construction partner, Jackson Brothers Construction.
 
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All work is expected to be completed by spring/summer 2026. The renovated complex will be renamed Park West.
 
The property will offer units with a choice of four floor plans and 1-, 2- and 3-bedroom options. Most of the units will be two bedrooms, and all units have one bathroom. The average size of a unit is 873 square feet.
 
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Amenities at the complex will include a swimming pool, tennis court, in-unit laundry and controlled access. The property covers nearly 20 acres and will have 47 buildings and 378 parking spaces. There will be a standalone rental office on site. The two-story buildings will have wood frame construction.
 
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Tracey Ross, director of asset management for Thrash Group, said that no information about the rent structure is available at this time.
 
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Thrash Group said the property “boasts an ideal location” on U.S. 90, a major regional corridor. “This solid location is well positioned for long-term value growth with direct proximity to major employment centers and book-ended in each direction by significant employment bases."

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