Urbannizer Posted October 17, 2014 Share Posted October 17, 2014 http://www.houstonchronicle.com/business/columnists/sarnoff/article/Tall-buildings-to-arise-near-River-Oaks-District-5828150.php#/0 With most of the Westcreek apartments now gone and the River Oaks District well under way on a portion of the property, residential developers arstaking their claims on the remaining parcels of land behind it. Their plans include a cluster of tall buildings to house well-to-do Houstonians who can pay the steep prices that come with living next to one of the city's newest and flashiest mixed-use developments. "People will be able to walk to restaurants, high-end retail and theaters. It's something that hasn't been offered in Houston," said Robert Bland of Pelican Builders, which is planning a 17-story residential tower on Westcreek Lane just north of River Oaks District, which is being built just inside the 610 Loop along Westheimer. Bland plans to break ground on the 96-unit building next summer and have it open two years later. Kirksey designed the building, which will go up on a 1.5-acre site. The individual condominiums will average 2,000 square feet, and prices will range from $800,000 to $2 million. The company will start marketing units in the building soon, but Bland said his lender is not requiring him to pre-sell a certain number of units before breaking ground, which is often the case. He said he wouldn't reveal the source of his financing until their agreement is finalized. 5 Link to comment Share on other sites More sharing options...
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