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Urbannizer

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  1. Urbanizer

    since you seem to have a handle on this project do you think they were just floating this as a project or is it a real project that has just been delayed. You'd think they would want to get this built in time for the superbowl and maybe the final four.

    Have you got a feel for this. We really need the rooms downtown to make the convention center competitive with others.

     

    It's a real project. Not sure why construction was set back, but it's proposed by the same developers who brought us Embassy Suites..Even with the delay though, it will be finished in time for the Superbowl and Final Four if they stick to the new construction timeline.

  2. 1711-caroline.jpg

     

    Located in the Southwest quadrant of the Houston CBD, Block 365 was acquired for multifamily development in the fast growing Downtown Houston submarket. With over five million square feet of office space development planned over the next 3 years, and a wealth of new hotels, retail and restaurants coming online as well, the city of Houston has created an incentive for developers to build apartments in the CBD to complement the continued growth in the downtown area. Growth in the Energy, Medical and Financial sectors has made Houston one of the strongest markets for job growth in the country, and has created significant demand for housing. Leon Capital Group is working with the architects at Hensley Lamkin Rachel, Inc. to design the property, and both groups are working closely with the Downtown District to meet the design guidelines that accompany the Downtown Living program. The project is planned to begin in Q4 2014 and will consist of 220 luxury apartments with resort style amenities, along withgreat views of downtown, walkability to major sports arenas and nightlife, and close proximity to a very dense and growing employment center.


    http://leoncapitalgroup.com/casestudy/block-365-downtown-houston-multifamily-development/

    Block 365 is bounded by Jefferson/Pease/Austin & Caroline.

    http://www.downtownhouston.org/site_media/uploads/attachments/2014-01-06/Block_Map_2014_1.pdf

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