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Hollywood glam condo tower with Houston's MarloweHollywood glam condo tower with Houston's Marlowehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=11442015-05-01T07:31:00Z2015-05-01T06:00:00Z

HOUSTON - Houston real estate developer Randall Davis plans to break ground this summer on the Marlowe, a 20-story, 100-unit condominium tower on about 0.3 acres at 1311 Polk St. The Marlowe will offer aggressive pricing and a glamorous Hollywood theme.

The gray and white glass building will resemble a pinstripe suit, and the floor plans are named after great movie legends like Brando, Newman and Redford. The one- and two-bedroom units, which average 1,200 sf, are priced between $400,000 and $1.4 million.

The Marlowe has seven penthouse units with larger terraces, an enclosed two-car private garage, 12-foot ceilings, solar shades, a wine cooler, a Bertazzoni kitchen appliance package and an air jet tub.

In the two weeks since its sales office opened, the Marlowe has sold ten units. “Houston is building 25,000 apartments but I think there’s room for a couple hundred condominiums,” Davis said. “There’s demand for people who want to live in a high-rise condominium but not much product.”

The Marlowe is the only condominium project approved by the Downtown Living Initiative, a City of Houston program that awards $15,000 in tax breaks per multifamily unit built downtown.

Houston Business Journal
Houston-The Woodlands-Sugar Land
Multifamily
http://www.bizjournals.com/houston/morning_call/2015/04/more-details-surface-on-new-luxury-condo-tower-in.htmlRead more at {Source}

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