Posted Aug 15, 2017, 4:46 PM
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Moderator
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Join Date: Jan 2009
Location: 360, St. Edwards
Posts: 12,381
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New Luxury Apartments to Rise Near JFC’s Birdsall Memorial Project
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Jordan Foster Residential definitely earned the contract to build City Place Memorial Park in Houston, thanks to the mountain of HUD paperwork that the RFP required.
Located inside Loop 610, close to Houston’s Memorial Park, City Place will provide luxury multifamily housing in an urban infill location near the central downtown business district. The development is a market-rate luxury apartment complex, with 264 units divided between two buildings on non-contiguous sites, separated by a thoroughfare. There will be a cumulative total of 235,007 net rentable square feet.
But first, demolition of the existing, obsolete apartment complex and townhomes on the two adjacent city blocks must take place. The owner had acquired the properties in April 2013, and operated the complex until November 2015.
The two new City Place structures will be four stories of wood-framed construction over a two-level, cast-in-place concrete garage. The first building will host an amenity/leasing area on the ground floor level. Elevated swimming pools will be featured on the podium decks of both buildings. The exterior of the buildings will consist primarily of stucco and brick/cast stone.
The City Place Memorial Park client is Farb Homes, operating as 57 off Memorial Ventures, LLC for this project. The architect is Wallace Garcia Wilson of WGW Architects.
City Place Memorial Park was secured through a HUD GMP with Lump Sum Side Agreement contract. The projected start date is targeted for August 20th, with a project duration of 24 months.
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