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The Wilshire: 17-Story Condo Tower by Pelican Builders


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https://www.bisnow.com/archives/newsletter/local-real-estate/houston/4776-multifamily-monday-a-sneak-peek-at-the-susanne/

 

 

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Two stand-out high-end condo developments are kicking off soon: the Wilshire at River Oaks District and 3615 Montrose. Pelican Builders is breaking ground on The Wilshire at River Oaks District in June, bringing 96 luxury condos to the buzzy mixed-use development. Pelican's Derek Darnell tells us the 17-story high-rise opened its sale center last week and has already sold 11 units. (It's getting a lot of activity from people who've lived in Pelican properties before.) Condos range from $800k to $3M, and Derek says the pool deck will be particularly expansive. Kirksey is designing the property, and Kudela & Weinheimer is handling landscape/pool deck design.

 
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We snapped the sales center, which includes a new porcelain countertop product that looks like marble. Derek tells us the process has been a smooth one so far; the Carlyle Group believes in the story of the River Oaks District and the Wilshire and signed on early, which has made things easy. The team is in for permit now, and construction should last from this June until June 2017. Westcreek Lane will look like Post Oak in a few years, Derek says. Besides the River Oaks District, Gables is building directly across the street from the Wilshire, and Novare and Randall Davis also have projects planned there.

 

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is it just me, or does the perfectly white and uniquely flat and pristine roof, upon this wonderful edifice, look rather LEGOLANDISH?  something just doesn't gel here.....

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http://www.pccpllc.com/index.cfm?fuseaction=dsp&page=news_prdetail&section=3&subsection=11&pr_id=168

 

 

PCCP, LLC announced today that it has provided a $55.2 million senior loan to a joint venture between The Carlyle Group and Pelican Builders for the ground-up development of The Wilshire, a 17-story, 96-unit luxury condominium project in the River Oaks submarket of Houston, Texas. Construction is underway with completion of the project anticipated for mid-2017. The financing was arranged by Adam Allen of ARA Houston.
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WILSHIRE-600x479.jpg

 

Construction starts next month actually:

 

 

 

Construction will start next month on the Wilshire at River Oaks District, a 17-story, 96-unit luxury condominium building slated for a site just inside the West Loop and adjacent to the soon-to-open River Oaks District mixed-use development.

http://blog.chron.com/primeproperty/2015/06/wilshire-developer-secures-loan-and-announces-groundbreaking/

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  • Highrise Tower changed the title to The Wilshire: 17-Story Condo Tower by Pelican Builders

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