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Houston: More condos in demand at Riva at the ParkHouston: More condos in demand at Riva at the Parkhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=23362014-12-02T11:40:00Z2014-12-02T00:00:00Z

HOUSTON - Demand for units in a condominium building planned along Allen Parkway has been so strong the developer has scrapped the original design and added three stories to the structure.

Riva at the Park, a ten-story structure with 29 units, is planned on the site at D’Amico St. near Allen Pkwy. and Dunlavy St. The project is expected to be completed summer 2016.

Units come in nine floor plans ranging from 2,350 to 3,600 sf and are priced from $800,000 to $1.6 million.

“Our initial vision was to build a boutique 22-unit condominium on the property, and we projected it would take six months to sell half the units,” Chris Sims of developer Sims Luxury Builders said in a statement.

They sold the first four units within a couple of days and more than half the units within 60 days.

Houston Chronicle
Houston-The Woodlands-Sugar Land
Multifamily
http://blog.chron.com/primeproperty/2014/12/condo-developer-responds-to-market-with-a-bigger-building/Read more at {Source}

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