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Former UH frat house becoming multifamily complex Former UH frat house becoming multifamily complex https://www.recenter.tamu.edu/news/newstalk-texas/?Item=212702018-10-18T05:00:00Z2018-10-19T00:45:00Z

​​Rendering of Tower 5040.​HOUSTON – WGC Development will break ground this month on Tower 5040, a private luxury apartment building near the University of Houston at 5018 Calhoun Rd.

The eight-story project will have 147 units with a mix of one-, two-, and four-bedroom options. It will have a three-story parking garage with five stories of residences above that. 

The nearly 1.5-acre site is the former home of a fraternity house.

This month, a $2.86 million building permit was filed with the city. Construction is expected to begin later this month and should wrap up by summer 2020. 

WGC Development is a partnership between locally based Wellington Development Co., Colorado-based private equity firm Gore Creek Partners LLC, and an unnamed investor.

Houston Business Journal
Houston-The Woodlands-Sugar Land
Multifamily
https://www.bizjournals.com/houston/news/2018/10/16/new-luxury-apartments-to-break-ground-on-former.html

​Check out Houston-The Woodlands-Sugar Land Multifamily Market Research.

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