With a late 2006 delivery planned, the 29-story Redstone at 111 N. Post Oak Lane is only the second residential construction in the campus' 25-year history. Its neighbors will be the Houstonian Hotel, Club & Spa, a 150,000-sf, class A office building and Houstonian Estates.

"We challenged the architects to design a unique building," Steve Lerner, Redstone's executive vice president, says in a press release. "The Redstone will stand apart from everything else in Houston."

Redstone's developer couldn't be reached by publication time for comment on the project. But, the Galleria location alone means its cost is sure to exceed $180 per sf based on relatively new projects in the submarket. The 1200 Post Oak's 356 apartments in a 33-story design exceeded $180 per sf while its neighbor, a 21-story, 300-unit project by Hanover Co. has been tagged at $185 per sf to $195 per sf.

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