Larger image link:
http://astoriahouston.com/img/bigimage02.jpg
Project in brief: Developer Randall Davis and businessman Roberto Contreras have plans for a residential tower with 66 units at the corner of Post Oak Blvd & Garrettson Lane across from Four Oaks Place. The unique aspect would be that the funding would come from foreign investors, who would be provided green cards through the federal EB-5 program, allowing citizenship for those who create or sustain 10 full time jobs over the span of two years.
The partnership promotes the tower as it's featured project on it's website:
http://houstoneb5.com/featuredproject.html. This is where the height figure came from.
Early on, reports indicated a location had not been chosen for the tower, with the first renderings indicating a blockier structure basically pasted at the site of the BLVD Place development. In the recent past, however, it seems the location for the tower will be on the site of a former Davis proposal - Titan.
The only structure currently on this site is a McDonalds, which is supposed to be demolished in Q1 2013. A sales trailer is now sitting in the parking lot.
On HAIF, user lockmat says it may be taller than proposed...
Quote:
bidclerk says the estimated start date is in April. Page Southerland Page is the architect and GT Leach is the GC. 28 stories. This was updated yesterday (12/21).
|
Houston Business Journal initial story:
http://www.bizjournals.com/houston/p...rising-on.html
Astoria website:
http://www.astoriahouston.com/