[caption id="attachment_10024" align="aligncenter" width="940"] Camden Downtown 21-stories Image: Ziegler Cooper Architects[/caption] Another downtown apartment tower is under construction near the Toyota Center at 1515 Austin Street. The Camden Downtown is the second recent project Camden Property Trust has brought to the east central Houston area, Camden McGowen Station was the latest in 2018.
The Catalyst’s outdoor spaces have a pool, outdoor kitchen, cabanas, yoga lawn and views of Minute Maid Park.[/caption] By Fauzeya Rahman Houston Business Journal here.]]>Reporter, Houston Business Journal A new high-rise downtown apartment building boasting close-up views of Minute Maid Park has officially opened, just in time for the start of the regular baseball season. Catalyst, a 359-unit, 28-story high-rise, marks its debut April 5 and is less than 30 percent occupied, according to leasing manager Brandy Vogel. The apartment complex sits on a city block bounded by Texas Avenue, Austin street, Prairie Street and La Branch Street. It’s the second Catalyst apartment project for Illinois-based multifamily developer Marquette Cos., the first is in Chicago. The apartment complex sits on a city block bounded by Texas Avenue, Austin street, Prairie Street and La Branch Street. It’s the second Catalyst apartment project for Illinois-based multifamily developer Marquette Cos., the first is in Chicago. Marquette received a Downtown Living Initiative grant equal to about $5.4 million from the city. The program gave $15,000 per unit in tax rebates to downtown developers. In 2017, 1,448 residential units were built, according to the Houston Downtown Management District. Catalyst features more than two dozen floor plans, ranging in size from a little above 600 square feet to close to 2,000 square feet. Rents start around $1,600 per month, with some floor plans receiving two or three months free rent, Vogel said. To see the full article go
Houston Business Journal Article – Original Story The Hanover Co. has broken ground on its second Uptown apartment tower, Hanover Blvd Place, which will feature a clear-bottom “sky pool” jutting out from the rooftop deck. The Houston multifamily developer began construction Dec. 16 on Hanover Blvd Place, a 32-story, 281-unit tower on 1.5 acres off South Post Oak Lane. The new apartment building sits just south of the developer’s Hanover Post Oak apartment tower and north of Wulfe & Cos. Inc.’s Blvd Place mixed-use project. Hanover Blvd Place, designed by Chicago-based SCB Architects, will complement its sister tower, featuring a simple, but elegant glass and concrete facade, said Brandt Bowden, Hanover’s managing partner for capital markets. SCB Architects also designed Hanover Montrose, the developer’s newest Houston apartment tower that opened in 2016. However, the new tower will have two amenity decks: one on the fifth floor and one on the top floor. The lower amenity deck will feature a resort-style pool and outdoor space with landscaping and trees, while the top amenity deck will boast a party room with kitchen and a fitness center that overlooks the Galleria area and downtown Houston. However, the centerpiece of the rooftop deck will be a clear-bottom, cantilever pool that will jut out between six and eight feet over the edge of the tower, giving residents the sensation of swimming in the sky 368 feet above street level. Similar “sky pools” have been built around in the world, including one in Market Square Tower in downtown Houston. Hanover also plans to relocate its corporate headquarters into Hanover Blvd Place. The developer intends to move from its roughly 40,000-square-foot office space in San Felipe Plaza, 5847 San Felipe St., into a 61,000-square-foot office space located on the second to fourth floors in Hanover Blvd Place. “We’ve been trying to find a way to do this for a while now,” Bowden said. “This is a great location for everyone in our company. It’s a little bit more room for modest expansion and we’ll have some opportunities to upgrade our space.” The office space will also benefit apartment residents, Bowden said. With Hanover occupying some of the lower levels, the apartment units will start on the fifth floor, giving residents a better view and closer access to the lower amenity deck, he said. Hanover decided to integrate its new office space into its latest apartment tower because building out its own office building didn’t make much financial sense, Bowden said. The developer is financing its office space independently from the residential tower, he added. Hanover’s new office will be next door to the developer’s third Uptown project, now in the early development stages. When Hanover and its San Antonio-based capital partner United Services Automobile Association purchased a 2.5-acre site off South Post Oak Lane, the companies subdivided the land for Hanover Blvd Place and a third yet-to-be-determined project. The future “phase three” project could be a number of different things, including more upscale apartments, senior homes or even a luxury hotel, Bowden said. If it’s a hotel, Hanover plans to partner with a hospitality operator to execute that strategy, he said. “We’re just now starting to focus on what that last acre should be, and we acknowledge that there are opportunities beyond residential that will be a really good fit for existing uses in that area,” Bowden said. “But we are and we always will be a multifamily company.”
For More Information on pre-leasing Hanover Blvd Place in Uptown or any other brand new apartments, please contact us below.
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The Star High Rise DowntownThe Star High Rise is One of downtown Houston’s most iconic buildings, the historic Texaco Headquarters Building is being restored and converted to upscale apartments. This property should be ready by mid summer 2016 for move-ins. A rooftop amenity deck atop the new parking structure will offer residents the social and recreational opportunities most requested in new urban living. All four sides of the property capitalize on the city’s established pedestrian or light rail transportation systems, and will tie into the Houston Tunnel system, an interconnected series of air-conditioned underground walkways, restaurants and shops spanning six miles. The architect on the project is Hnedak Bobo Group or HBG. If you would like a brochure with details, pricing, specials and move dates please request below. [gravityform id="71" title="true" description="true"] ]]>
The Catalyst Houston is being built now. It will be located downtown and is scheduled to be complete by Spring 2017. According to Ziegler Cooper, Architect, it will be a 28-story 361 unit apartment tower. It will be a full city block on the neartheast side of Houston’s Central Business District. It will include over 6800 sq. ft. of retail and restaurant space. The property will have both high rise and lowe rise units. It’s only a block from Houston’s light rail. Many luxurious amenties will be available on different floors to the tenants. Level 9 will have a fitness and yoga studio. Level 7 will include a dog park and pet friendly amenities. The game lawn will include a beach volleyball court and fire pit. Level 7 will include a dog park and pet friendly amenities. The Sky Club on the 26th floor features a Club Kitchen with spectacular views of downtown Houston. An exclusive Ballpark Club room on level 28 includes an exterior terrace for residents living on the Penthouse and Summit levels to enjoy watching the Astros baseball game. Rental prices will range from $2.70 to $2.80 per square foot for apartments ranging in size from approximately 600 to 1,800 square feet. For more details and leasing information as it becomes available fill out the form below. [gravityform id="69" title="true" description="true"]]]>
David Contis, president of Indiana-based owner Simon Malls, said Wednesday that the proposed tower, with 225 hotel units and 75 to 100 condominiums, would be the culmination of an ongoing redevelopment program at the 46-year-old shopping mecca, The Galleria Mall. It’s planned on the site of Macy’s. They plan to build an attached 30-story luxury hotel and residential tower despite increasing competition for high-end retail and a slowing energy economy that has dampened demand for high-end lodging across the city. Construction on the new Galleria hotel-condo project is expected to begin next year and take two years to complete. Contis said the company is in negotiations with several hotel brands. The announcement of the new Galleria project also comes as the hotel market in downtown Houston is working to wrap up several projects in time for the city to host next year’s Super Bowl. Two high-end hotels, the Marriott Marquis and the Hotel Alessandra, are under construction near the George R. Brown Convention Center, and major renovations are underway at the Four Seasons and the Crowne Plaza Hotel. ]]>