[Urbannizer]

Originally Posted by toxteth o'grady

Anything new on this?

Still planned to start next month:

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