Houston: demolition paving way for 312-unit Alexan AshfordHouston: demolition paving way for 312-unit Alexan Ashfordhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=15362015-03-09T06:59:00Z2015-03-09T00:00:00Z

HOUSTON - Trammell Crow Residential is paving the way for the Class A Alexan Ashford, a five-story, 312-unit apartment complex in the Energy Corridor. It is anticipated to be complete by late 2016.

The Dallas-based multifamily developer has begun demolition work on a 3.1-acre site at 1200 Dairy Ashford Rd., just south of I-10. The land, which was purchased in December, was the former site of a Cornelius Nursery.

When completed, Alexan Ashford will be the second Alexan-branded apartment to be built in the Energy Corridor after the Alexan Enclave, a four-story, 354-unit complex that was finished in January.

"We're looking at a pretty spectacular pool, courtyard and fitness center, typical amenities in a high-end, Class A development," said Scot Davis, Trammell Crow's senior managing director of development. "We're also planning a few surprises."

"In the short term, everybody is pausing in Houston, but we really like Houston long term," Davis said. "We've got a great track record here, a lot of great successes. These developments that we're just now starting to work on are going to open in 2016 and 2017, when we're going to be looking at a different world."

The company also is developing Alexan CityCentre, which is anticipated to finish spring 2016. A fourth Alexan brand is expected to rise near Rice University in 2017.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/morning_call/2015/03/dallas-developer-paves-way-for-new-luxury.htmlRead more at {Source}

 Search NewsTalk Texas