[Urbannizer]

http://blog.chron.com/primeproperty/...oaks-district/

Originally Posted by Chron

Gables to build luxury high-rise near River Oaks District

Gables Residential is planning to break ground in the second quarter of next year on a 15-story apartment building north of River Oaks District.

The yet-to-be-named building will have 300 units, averaging 1,400 square feet and priced in the range of $2.60 per square foot.

Ziegler Cooper designed the building, which will go up on a 2.5-acre site along Westcreek Lane between Westheimer and San Felipe.

Joshua Landry, area vice president of investments for Gables Residential, said the building will target “a sophisticated renter with a higher disposable income.”

“We are doing a higher level of service, concierge service and amenities we will offer will be different from other projects,” Landry said.

This is the company’s first high-rise in Houston, though it has built tall towers in other markets. the building should open about 20 months after construction starts.

Renderings: