HOUSTON - Huntington Residential Inc. is set to break ground on Vargos on the Lake — a $27 million residential development on the site of the former Vargos Restaurant — on October 30.
Vargos on the Lake, located on 8.7 acres at 2411 Fondren Rd., will feature 276 one- and two-bedroom apartments. The property will also include 13 three-bedroom townhomes. The community is expected to open in summer 2014.
Huntington paid $6.1 million to acquire the former Vargos steak house from a U.S Bankruptcy Court trustee that controlled the property, as reported in May 2012.
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