HOUSTON | Catalyst | 340 FT / 104 M | 28 FLOORS

[Urbannizer]

Developer: Marquette Land Investments
Architect: Ziegler Cooper
Type: Residential
Location: 1400 Texas (block 52) - Downtown
Construction Timeline: May 2014 Start Date - Summer 2015 Completion

Marquette anticipates breaking ground in the second quarter of 2014 on a 364-unit, 29-story apartment building with approximately 7,700 square feet of ground floor retail/restaurant space in downtown Houston. Marquette is utilizing the Downtown Living Initiative (Chapter 380), which is effectively a development grant provided to the first 2,500 units to be developed in downtown Houston and this project will receive a $5.5 million benefit from the grant. The property encompasses a city block on the northeast side of the Houston CBD and is situated one block from Minute Maid Park. Aside from the retail space, the property will have a 589-space private parking garage situated above the retail space and below the residential units. The property will have high end finishes and two amenity floors including a full-size, resort-style rooftop pool and other luxurious amenities. The building will be delivered in Summer 2015.

Link: http://www.marquettecompanies.com/main.taf?p=7