The Finger Co. is easily my favorite apartment developer in town. I knew One Park Place was going to be nice because my sister lives adjacent to the Museum Tower. That one is nice looking on the outside and simple fantastic on the inside. Considering the fact that OPP was adding ground floor retail, I knew it would be A-OK.
I hope this leases up so quickly that there will be a Two Park Place rising soon...
The Finger Co. is easily my favorite apartment developer in town. I knew One Park Place was going to be nice because my sister lives adjacent to the Museum Tower. That one is nice looking on the outside and simple fantastic on the inside. Considering the fact that OPP was adding ground floor retail, I knew it would be A-OK.
I hope this leases up so quickly that there will be a Two Park Place rising soon...
So do I: a critical mass of highrises around Disco G.
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Disciple of the written word. Antagonist of the uninitiated.
Anybody know what rental rates PSF will be for One Park Place? When will it be move-in ready?
I'm just going off of memory, but I recall reading in the past that the lowest priced units may start at $600-750 and the highest (penthouse) are in excess of $2000. Maybe $2500 or so. In terms of square footage, I'm not absoloutely certain.
I think the a number of the highest priced ones may be off the market though. Word is that leasing has been pretty good (%20 pre-leased, approx.) in terms of corporate buyers prior to any actual promotional push.
According to the Houston Biz Journal, the Highland Tower has officially broken ground. They also claim the tower will be 16 floors and contain 96 units instead of the original 15 floors and 99 units. Pelican Builders' site also says 16 floors but the actual building website still says 15...?
Highlights of the article include,
28 units have pre-sold
financing is set in stone through Whitney Bank
set for a Spring 2010 completion date
According to the Houston Biz Journal, the Highland Tower has officially broken ground. They also claim the tower will be 16 floors and contain 96 units instead of the original 15 floors and 99 units. Pelican Builders' site also says 16 floors but the actual building website still says 15...?
Highlights of the article include,
28 units have pre-sold
financing is set in stone through Whitney Bank
set for a Spring 2010 completion date
It is 16 now. I spoke with one of the sales reps earlier, and apparently there was enough interest in the larger units on the top three floors that they decided to add an additional one in the planning process.
According to the Houston Biz Journal, the Highland Tower has officially broken ground. They also claim the tower will be 16 floors and contain 96 units instead of the original 15 floors and 99 units. Pelican Builders' site also says 16 floors but the actual building website still says 15...?
Highlights of the article include,
28 units have pre-sold
financing is set in stone through Whitney Bank
set for a Spring 2010 completion date
I'm just going off of memory, but I recall reading in the past that the lowest priced units may start at $600-750 and the highest (penthouse) are in excess of $2000. Maybe $2500 or so. In terms of square footage, I'm not absoloutely certain.
I think the a number of the highest priced ones may be off the market though. Word is that leasing has been pretty good (%20 pre-leased, approx.) in terms of corporate buyers prior to any actual promotional push.
$600-750 for the cheapest? That just seems so low even for the cheapest price. I think once the area is developed and if the park grows with even more popularity, the land value of that area will quickly drive that price up to well over $1000 even for an efficiency.