Montgomery Co.: two multifamily projects in Woodmill CreekMontgomery Co.: two multifamily projects in Woodmill Creekhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=28222014-10-10T12:21:00Z2014-10-10T00:00:00Z

MONTGOMERY COUNTY - Alliance Residential Co. will develop two new luxury multifamily projects in Woodmill Creek, a 75-acre master-planned community located at 1823 Sawdust Rd. between the new Exxon Mobil campus and The Woodlands Town Center.

Plans include a luxury apartment building on the six-acre parcel and for-lease townhomes on the ten-acre parcel. Construction is expected to start in November and will take two years to complete.

The four-story apartment complex, Broadstone Woodmill Creek Apartments, will feature 380 units wrapped around a structured parking garage.

The one- and two-bedroom units will average 850 sf and feature Class A amenities.

The apartments will target 25- to 35-year-old young professionals who want to live and work near the Exxon Mobil campus, said Cyrus Bahrami, Alliance’s south Texas managing director.

The three-story townhomes, The Townhomes at Woodmill Creek, will feature 171 units and common amenities, including a pool, courtyard, gym, dog park and business center.

The one- to three-bedroom units will average 1,300 sf and feature similar amenities to the apartment project. About 80 percent of the units will feature a fenced-in yard.

The for-rent townhomes will target an older audience: 35- to 50-year-olds who are delaying homeownership after the recession as well as downsizing empty nesters who don’t want the hassle of a bigger home, Bahrami said.

Houston-based Steinberg Design Collaborative is the architect of the two projects. Alliance will serve as the projects' general contractor and developer.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/morning_call/2014/10/new-details-emerge-for-multifamily-projects-near.htmlRead more at {Source}

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