Posted May 15, 2019, 3:34 AM
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Join Date: Jan 2009
Location: 360, St. Edwards
Posts: 12,377
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Lennar's apartment division buys Galleria-area land
Quote:
The multifamily arm of homebuilding giant Lennar Corp. has purchased a two-acre site just inside the West Loop off San Felipe, records filed with Harris County show.
Lennar affiliate LMC Westcreek Holdings acquired the parcel at the corner of Westcreek and San Felipe from Westcreek HTX Real Estate Partners. The purchase price was not disclosed, but the county appraised the parcel for about $9 million.
The site is across from the Arabella condominium tower and near other new high-rise condo and apartment buildings that have gone up since the adjacent River Oaks District was developed.
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