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5721 Memorial Dr: New Residential High-Rise


Urbannizer

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2 hours ago, Urbannizer said:

https://goree.com/our-work/?type=on-the-boards

Can anyone make out the exact location? fnpw1pZ.jpeg



My guess is the proposed apartment / high rise multifamily residential is located on the 5271 Memorial Dr parcel.  It appears from the rendering that Bayou on the Bend (the apartments at 5201 Memorial Dr) is adjacent to the property.

Doing a Google search, I came across what appears to be a recent sale listing for 5271 Memorial Dr. Marcus & Millichap is marketing the property on behalf of the owner, Mountainside LLC.

I also came across this pdf file for 5271 Memorial Dr. I'm not sure how long ago it was published:

http://5271memorial.com/pdf/5721.pdf

Edited by IntheKnowHouston
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10 minutes ago, IntheKnowHouston said:

I also came across this pdf file for 5271 Memorial Dr. I'm not sure how long ago it was published:

http://5271memorial.com/pdf/5721.pdf



Scratch that. The pdf file linked above for 5271 Memorial Dr are old plans. Houston Business Journal reported on those plans in 2008:

https://www.bizjournals.com/houston/stories/2008/06/16/story7.html

 

The rendering shared in @Urbannizer's post appear to be new plans for the 5271 Memorial Dr property.

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1 hour ago, IntheKnowHouston said:

I came across what appears to be a recent sale listing for 5271 Memorial Dr. Marcus & Millichap is marketing the property on behalf of the owner, Mountainside LLC.



Recent LoopNet sale listings for 5271 Memorial Dr. It seems the listings were recently unlisted.


https://www.loopnet.com/Listing/5271-Memorial-Dr-Houston-TX/31182357/

https://www.loopnet.com/Listing/5271-Memorial-Dr-Houston-TX/31183055/

 

Property details from the listing:
 

  • Rare redevelopment opportunity with frontage on Memorial Drive
     
  • Irregular lot located size along Memorial Drive one block East of Detering Street.
     
  • Sale Type: Investment or Owner User
     
  • Property Subtype:  Commercial
     
  • Proposed Use: Apartment Units, Apartment Units / Condo, Apartment Units / Senior, Self Storage
     
  • Total Lot Size: 0.70 Acres




Property overview:
 

  • Marcus & Millichap, as the exclusive representative, is pleased to offer for sale a rare opportunity to purchase 5271 Memorial Drive, Houston, Texas 77019 (“Property”). This approximately .7047 acre (30,696 SF per HCAD) improved site is a prime redevelopment parcel situated along scenic Memorial Drive, a main arterial road connecting Downtown Houston to Memorial Park and the West Loop.

    The Property, located near Buffalo Bayou and the exclusive River Oaks neighborhood, allows for easy access to Houston’s highway systems, including I-45, I-10, US 59/69, and West Loop 610. Additionally, Buffalo Bayou Park and a jogging trail along the picturesque Buffalo Bayou are in close proximity. Nearby, you will find luxury apartment residences, established restaurants such as Brenner’s on the Bayou and Black Walnut Café, and a vast array of retail offerings.

    Rapid new development in the area, including the proposed prestigious St. Regis Residences, a new luxury 35-story high-rise condominium development announced to open in late 2025; Hanover’s newest 14-acre urban village, Autry Park; as well as the upcoming opulent River View multifamily development are the crème de la crème in urban development, including experiential and lifestyle hospitality.

    5271 provides an unbeatable location and ideal opportunity for a developer looking to go vertical.



     

ZNopzGN.jpeg

Edited by IntheKnowHouston
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  • The title was changed to 5721 Memorial Dr: New Residential High-Rise

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