Globe Street is reporting that Legacy Partners has purchased the land and plans from Fairfield Residential and will break ground on The Legacy at Memorial in Sept.
http://www.globest.com/news/876_876/.../159431-1.html
The Legacy at Memorial will have 274 apartments in a 25 story tower, 60 loft units in an adjacent wood framed building, and an 8 story parking garage. The location is on the corner of Studemont and Memorial Drive, just west of downtown and overlooking the Buffalo Bayou park area.
WDG Habib of Dallas is the architectural firm on record.
EE Reed will be the lead contractors.
Here's a look at a rendering of the old Fairfield project. I get the sense that Legacy purchased this design and this will be the final result...