desertpunk
May 16th, 2012, 06:19 AM
http://swamplot.com/wp-content/uploads/2012/05/2800-weslayan.jpg
http://swamplot.com/tag/highrises/
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HBJ (http://bizj.us/b4hqd)
Luxury high-rise apartments planned inside the Loop
Houston Business Journal by Jennifer Dawson, Reporter
Date: Friday, September 23, 2011, 5:00am CDT
http://i177.photobucket.com/albums/w208/houtosme/WeslayanTower.jpg
PM Realty Group LP plans to build a 35-story apartment tower on a prime site inside the Loop, where the Confederate House, formerly State Grille, served diners for more than 50 years.
The Houston-based company acquired the 2.6-acre site on the northeast corner of Weslayan and West Alabama Aug. 22 for an undisclosed price from Interfin Cos., which assembled the tract five years ago with no specific plans for development.
“We were actively out looking at sites,” said Roger Gregory, PM Realty’s CFO. “This was the site we really felt was best-suited for high-rise multifamily.”
PM Realty’s development site is a stone’s throw away from the 10-acre Willowick Court Townhomes, which were recently acquired by an affiliate of Martin Fein Interests Ltd. as a site for new apartments, townhomes and large residential units.
PM Realty’s project — its first multifamily development in Houston — will include 250 units ranging in size from 850 square feet to 3,200 square feet.
This will be the company’s third high-rise residential development. The Heights at Park Lane, a three-building project in Dallas that includes a 20-story structure, was finished in 2009. The 24-story 1400 Hi Line project is currently under construction in Dallas.
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http://swamplot.com/tag/highrises/
------------------------------------------------------------------------------------------------------------------------------------------
HBJ (http://bizj.us/b4hqd)
Luxury high-rise apartments planned inside the Loop
Houston Business Journal by Jennifer Dawson, Reporter
Date: Friday, September 23, 2011, 5:00am CDT
http://i177.photobucket.com/albums/w208/houtosme/WeslayanTower.jpg
PM Realty Group LP plans to build a 35-story apartment tower on a prime site inside the Loop, where the Confederate House, formerly State Grille, served diners for more than 50 years.
The Houston-based company acquired the 2.6-acre site on the northeast corner of Weslayan and West Alabama Aug. 22 for an undisclosed price from Interfin Cos., which assembled the tract five years ago with no specific plans for development.
“We were actively out looking at sites,” said Roger Gregory, PM Realty’s CFO. “This was the site we really felt was best-suited for high-rise multifamily.”
PM Realty’s development site is a stone’s throw away from the 10-acre Willowick Court Townhomes, which were recently acquired by an affiliate of Martin Fein Interests Ltd. as a site for new apartments, townhomes and large residential units.
PM Realty’s project — its first multifamily development in Houston — will include 250 units ranging in size from 850 square feet to 3,200 square feet.
This will be the company’s third high-rise residential development. The Heights at Park Lane, a three-building project in Dallas that includes a 20-story structure, was finished in 2009. The 24-story 1400 Hi Line project is currently under construction in Dallas.
[...]