Posted Aug 21, 2021, 9:54 PM
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FYHA
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Join Date: Oct 2007
Location: Houston - Wichita, KS
Posts: 3,153
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Groundbreaking took place this past Wednesday.
https://realtynewsreport.com/groundb...nglewood-area/
Quote:
Groundbreaking for Condo Tower in Tanglewood Area
by Realty News Report
August 19, 2021
HOUSTON – (Realty News Report)– The Hawthorne – the only high-rise condominium project to begin construction in Houston this year – was celebrated with a silvery-shovel groundbreaking on Wednesday.
With prices starting at $1.2 million, the 17-story tower will be rising in the Tanglewood area at 5656 San Felipe, near Chimney Rock Road.
Pelican Builders, a Houston-based residential firm founded by Robert Bland, is the developer of The Hawthorne, which will have 67 residences.
The Kirksey-designed tower will feature outdoor terraces, expansive interiors, and public indoor and outdoor areas designed by Lauren Rottet of Rottet Studio.
Acres Capital Corp. originated an $89 million construction loan to Pelican Builders and its partner, the Ranman USA investment firm, for the project.
The Hawthorne, marketed by the Douglas Elliman realty firm, will contain 164,546 net-sellable SF and 19,712 SF of outdoor space. The condo will have a 67-foot swimming pool with surrounding cabanas, a total of 178 parking spaces and 67 storage units.
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