HOUSTON | Marlowe | 255 FT / 78 M | 20 FLOORS

[Urbannizer]

Developer: Randall Davis
Architect: Powers Brown
Type: Residential (Condos)
Location: 1311 Polk St, Downtown
Construction Timeline: Oct. 2016 Start Date - Completion




http://www.bizjournals.com/houston/n...-to-build.html

Originally Posted by HBJ

Houston developer aims to build condominium tower downtown

Randall Davis Co. is looking to build a high-rise condominium project in downtown Houston.

The Houston real estate developer plans to partner with local entrepreneur Roberto Contreras on the Class A project, called Marlowe. Randall Davis and Contreras have worked previously on the $70-million Astoria, a 28-story, 74-unit condominium project in the Galleria area.

Davis told the Houston Business Journal he has a piece of land downtown — less than half an acre — under contract. He declined to disclose the exact location of the property, except to say it is near Discovery Green located on Avenida de las Americas across from the George R. Brown Convention Center.

Davis said he expects to close on the land in the first quarter of 2015. Price negotiations were not disclosed.

Davis said he has applied for the City of Houston's Downtown Living Initiative, which awards tax breaks to residential developers building in downtown Houston. Launched in August 2012, the Downtown Living Initiative offers developers $15,000 for each unit built in a multifamily complex of at least 10 units.

Other details about the project, such as size and amenities, are forthcoming after the land deal closes, Davis said. He plans to have a sales center open on the property in early 2015.