341-Unit Broadstone at Sierra Pines underway in H-Town341-Unit Broadstone at Sierra Pines underway in H-Townhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=58882013-10-29T09:10:00Z2013-10-29T00:00:00Z

HOUSTON - The 341-unit Broadstone at Sierra Pines is underway at 1615 Sawdust Rd. Completion is scheduled for March 2015. The three-story development will have an average unit size of 827 sf and an average rent of $1,306 per month.

“A big selling point on the land was that it’s very close to the Woodlands, technically outside the jurisdiction, so they were able to have a little more freedom in development,” said Tom Dosch, with ARA Real Estate Investment Services.

Alliance Residential Co. is the developer and has other Broadstone communities in the works in Houston, including a 320-unit project in West Houston called Broadstone 7 Seventy, and a 207-unit project on block 334 in downtown.

The new development is near Stream Realty Partners LP's newest office project: The Reserve at Sierra Pines II. The 154,213-sf project is part of a master-planned business park in the Woodlands and is being built on a speculative basis.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/blog/breaking-ground/2013/10/exclusive-multifamily-project-going.htmlRead more at {Source}

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