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26-Story Belfiore lux through the roof in Houston26-Story Belfiore lux through the roof in Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=47382014-03-05T11:28:00Z2014-03-05T00:00:00Z

HOUSTON - Work has begun on a 26-story condominium building in Uptown. Raising the bar on luxury high-rise living, Giorgio Borlenghi previously introduced Belfiore as "a building by popular demand".

Belfiore's two-acre site is located at the southeast corner of Post Oak Ln. and S. Wynden Dr.

Belfiore, which is already 60 percent sold out, will feature only 46 residences, including two penthouses, with two homes per floor. Each home spans about 4,650 sf, in addition to 700 sf of terrace, starting at $2.5 million.

Construction is expected to be completed by spring 2016.

In both the rental and condominium markets, Houston is seeing larger floor plans in proposed buildings that are marketing to the Baby Boomer generation. With the flood of demand for these properties, higher rents and higher absorption figures are expected in 2014 and 2015, according to Jim Wallace, principal and founder of Houston-based WGW Architects Inc..

Read more at the Houston Business Journal and Houston Culture Map.

Houston Business Journal
Houston-The Woodlands-Sugar Land
Housing
http://www.bizjournals.com/houston/blog/breaking-ground/2014/03/luxury-uptown-condos-sell-out-by-over-half-before.htmlRead more at {Source}

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