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Showing posts with the label multifamily construction

Hines New 46-Story Tower Could Be Its Tallest Residential Project In Houston

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Hines New 46-Story Tower Could Be Its Tallest Residential Project In Houston : Houston-based Hines is planning a 46-story multifamily tower in Downtown Houston adjacent its 47-story office development under construction. Interesting fact about the occupancy rate in the area, in case you don't have time to read the article: Considering most of the units are high end luxury apartments, luxury leasing in Houston has become the new normal! Hi-Rise communities similar to the one discussed and others already built is they not only offer up some amazing amenities that are really worth the cost but just to skip the traffic would be an amazing incentive, especially if you work downtown and visit often for sporting events, dining and entertainment! Lifestyle conveniences such as personal concierge services, valet parking, bike repair shops and bike storage, and that's just barely touching the service, there's a whole lot of perks to hi-rise living in Houston!  From Shared ...

Developers Continue to Deliver Luxury Apartments in Houston's Sought After Urban Core

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Despite Demand From 2 Generations, Apartment Developers Are Being Cautious : Baby boomers and millennials are driving demand for multifamily development across the country and in Houston.  New Luxury Apartment Hi-Rise in the Texas Medical Center The Heights, Midtown and Downtown are hot Houston destinations for apartment renters in 2018 and expected to continue through 2019. Looking for a luxury apartment in Houston? Contact me at AptExpert.com - Free apartment locator and finder service, serving all of Houston and beyond!     Shared by Kathy Curtis, Texas Apartment Locators Houston, LLC via AptExpert.com Your local apartment rental expert! "Opening Doors For You Since 1992" 

These Lego-Like Homes Could Help Resolve The Country's Affordable Housing Shortage

These Lego-Like Homes Could Help Resolve The Country's Affordable Housing Shortage : The pre-fab buildings come complete with electrical, plumbing, appliances and fixtures pre-built into the housing units.

Rents for Houston Homes and Apartments Are Still Rising but at a much slower pace amid the oil slump according to news reports!

Rents for Houston homes and apartments are still rising, albeit at a much slower pace amid the oil slump, according to two new reports. Apartment rents grew by 1.7 percent year over year in December, the sixth straight month where year-over-year rents fell. For comparison, apartment rents grew 5.5 percent in December 2014, according to Axiometrics, a Dallas-based multifamily data provider. Houston apartment renters paid an average of $1,064 per month in December.   The average occupancy rate was 93.5 percent, according to Axiometrics.  Sponsored by Axiometrics predicts apartment rent growth will continue to decline during the first quarter of 2016 as crude oil prices plummet below $30 a barrel and energy companies announce more job cuts. However, Axiometrics believes Houston’s multifamily market may rebound next year. “Overall job growth in Houston’s diversified economy is still positive, and we are forecasting the metro’s apartment market to rebo...