Originally Posted by toxteth o'grady (Post 6466140)

I can't tell where it is in relation to the Marquis. It should be interesting to see both these projects go up together...

Originally Posted by toxteth o'grady (Post 6547424)

Anything new on this?

Originally Posted by HBJ

Future office construction inspiration for new downtown multifamily project

Marquette Cos. has been active in Houston for a while, buying and renovating various smaller apartment complexes, but the Illinois-based developer is closing on a piece of prime downtown property in June to develop its first high-rise multifamily project.

Marquette Cos. will break ground this quarter on a 364-unit, 29-story apartment building with approximately 7,700 square feet of ground floor retail space in downtown Houston, a block from the Houston Astro’s Minute Maid Park. Ziegler Cooper is the architect and Pepper-Lawson Construction LP, the Texas division of Chicago-based Pepper Construction Group LLC, is the contractor. The cost of the project was not disclosed.

The apartment high-rise, dubbed Block 52, will include a 589-space private parking garage situated above the retail space and below the residential units, as well as two floors of amenities including a resort-style, rooftop pool. Rental prices will range from $2.70 to $2.80 per square foot for apartments ranging in size from approximately 600 to 1,800 square feet.

The project is set for completion in the summer of 2015.

Full Article: http://www.bizjournals.com/houston/m...n-for-new.html

Originally Posted by toxteth o'grady (Post 6550164)

HBJ article says they want to be done with this building by Summer 2015, which is an aggressive schedule. Think a 29-floor apartment can be built in slightly more than a year?

Originally Posted by Ziegler Cooper

Working with Naperville, Illinois-based Marquette Company, Ziegler Cooper has designed a 28-story 361-unit apartment tower that encompasses a full city block on the northeast side of the Houston’s Central Business District. Situated one block from the Houston Astros Minute Maid Park, the project, currently referred to as “Block 52”, is planning to break ground in the second quarter of 2014. Block 52 will include over 6,800 s.f. of retail and restaurant space at the buildings base along with a 552-space private parking garage situated above the retail space and below the residential units. The property will be a combination of high-rise and low-rise apartments with the low-rise units forming an active streetscape, concealing the garage. Block 52 encourages walkability by being only one block from Houston’s light rail system. Additionally, a large bike storage and maintenance area are provided on level 2 for residents who prefer a bicycle over a car.

The exterior architecture will be punctuated with a modern combination of brick, stone and metal accents. Floor to-ceiling windows and glass balconies preserve priceless views of Houston and the surrounding areas. A well-appointed porte-cochère incorporates dramatic water features and lighting to welcome residents and guests to the main lobby complete with concierge services.

Resident amenities are included on multiple floors throughout the property. Level 9 will feature an indoor fitness and yoga studio with an outdoor yoga “Fusion Lawn.” A Guest Suite is also included for residents with overnight guests. Also on level 9, is over 20,000 s.f. of outdoor amenities with panoramic views into Minute Maid Park. A large resort style pool boasts soaking ledges, fountains, private cabanas and covered trellis lounge areas to keep residents cool on those hot Houston days. Residents and guests can also enjoy the outdoor living room area, featuring a full kitchen, fireplace and gas grill. The game lawn will include a beach volleyball court and fire pit. Level 7 will include a dog park and pet friendly amenities. The Sky Club on the 26th floor features a Club Kitchen with spectacular views of downtown Houston. An exclusive Ballpark Club room on level 28 includes an exterior terrace for residents living on the Penthouse and Summit levels to enjoy watching the Astros baseball game.

Rental prices will range from $2.70 to $2.80 per square foot for apartments ranging in size from approximately 600 to 1,800 square feet. Marquette is utilizing the Downtown Living Initiative (Chapter 380), which is effectively a development grant provided to the first 5,000 units to be developed in downtown Houston and this project will receive a $5.5 million benefit from the grant. The building is being built by Pepper-Lawson Construction LP, the Texas division of Chicago-based Pepper Construction Group LLC. and will be delivered in Summer 2015.