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Jul 16, 2015

And the list goes on! Downtown Houston residential projects

HOUSTON - Developers are clamoring to build residential projects in downtown Houston, but some projects have been delayed amid a slowdown in the multifamily market. Nine projects totaling 2,729 units...
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by
Houston Business Journal

HOUSTON – Developers are clamoring to build residential projects in downtown Houston, but some projects have been delayed amid a slowdown in the multifamily market.

Nine projects totaling 2,729 units are under construction and nine others representing 2,458 units are planned, according to Central Houston’s second quarter 2015 report.

Here is a list of current projects under construction in downtown Houston:

  • 500 Crawford: Houston-based The Finger Cos. is building a seven-story, 400-unit apartment project, which is expected to be complete by 3Q 2015.
     
  • 1111 Rusk: Dallas-based Provident Realty Advisors and EFO Holdings LP are redeveloping the old Texaco building into a 323-unit apartment project, which is expected to be completed at the end of 2015.
     
  • Block 334: Phoenix-based Alliance Residential Co. is building a five-story, 207-unit apartment project one block north of SkyHouse Houston. The project is expected to be complete in 1Q 2016.
     
  • Catalyst: Illinois-based Marquette Cos. is building a 28-story, 361-unit apartment tower on Block 52, which is bounded by Texas, Austin, Prairie and La Branch. The project is expected to be completed in 4Q 2016.
     
  • Hines Market Square: Houston-based Hines is building a 32-story, 274-unit apartment at the southeast corner of Travis and Preston. The project is expected to be complete 2Q 2017.
     
  • Market Square Tower: Woodbranch Investments Corp., an affiliate of Houston-based BMS Management Inc., is building a 40-story, 463-unit apartment tower next to Market Square Park. The project is expected to be completed in 1Q 2017.
     
  • SkyHouse Main: Atlanta-based Novare Group is building a 24-story, 336-unit apartment tower one block south of SkyHouse Houston. This second building is expected to be completed in 1Q 2016.
     
  • The Hamilton: Houston-based Resolution Real Estate is building a five-story, 149-unit apartment on a city block bounded by St. Joseph, Chenevert, Pierce and Hamilton. The project is expected to be completed in 2Q 2016.
     
  • Untitled: Dallas-based Leon Capital Group is building a five-story, 220-unit apartment on city block 365, bounded by Austin, Caroline, Jefferson and Pease. The project is expected to be completed in 4Q 2016.


Want to see the nine planned projects? Read more at the Houston Business Journal.

Catch a bird’s-eye view of downtown development of Downtown Houston Development Map April 2015

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Written by
Houston Business Journal
Last updated
Mar 28, 2024

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