Houston's Galleria area multifamily heating upHouston's Galleria area multifamily heating uphttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=84242013-01-28T14:55:00Z2013-01-28T14:30:00Z

HOUSTON - The Galleria/Uptown submarket has come roaring back in a big way. Houston’s population growth due to its healthy economy has drawn in thousands of young professionals from other large U.S. cities. This, in turn, has led to a tight multifamily market.

Developers have taken note of this opportunity, and the result is 3,200 new units being added to the area in the next two years, according to the Uptown Houston District.

Below is a list of projects under construction on Post Oak Blvd.

Post Oak Blvd. Multifamily Projects Under Construction
Project Name Units First Residents Completion
Avenue R 392 Mar. 2013 July 2013
Millennium High Street 340 Preleasing Apr. 2013 Summer 2013
Gables Tanglewood 327 July 2013 Apr. 2014
Waterwall Place 322 Nov. 2013 June 2014
Gables Post Oak 316 2012 Aug. 2013
Whiteco Tower 300 Mid-June 2013 Dec. 2013
Broadstone Post Oak 272 Sept. 2013 Mar. 2014
Millennium Uptown 237 Mar. 2013 Apr. 2013

Read more at the Houston Business Journal.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/print-edition/2013/01/25/cranes-a-steady-presence-in-galleria.htmlRead more at {Source}

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