HOUSTON - Simon Property Group Inc. plans to build an upscale hotel and condominium tower at the site of the former Macy's store at the Galleria Mall.
The retail developer announced April 7 that it will develop a 25- to 30-story tower at the northeast corner of Sage Rd. and West Alabama St.
The mixed-use project will feature 220 high-end hotel rooms and between 75 and 100 luxury condominium units.
The condominium units, which will be above the hotel floors, will be sized from 800 sf to more than 3,000 sf.
The hotel-condo tower will have separate amenities for its residents and guests.
The tower, which will be attached to the Galleria Mall, is expected to break ground in late 2017.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.