HOUSTON—Crimsom Real Estate Fund and USAA Real Estate Co. are set to break ground this month on a class A apartment complex in the Westchase submarket of Houston.
Patrinely Group, headquartered in Houston, is developing the new 266-unit complex to be built on three acres of land next to the 2500 City West Blvd. office building. Crimson and USAA Real Estate acquired 2500 City West and the adjacent development site in November 2011.
The class A 4-story project, currently known as The Residences at CityWest, will offer floor plans from one to three bedrooms ranging from 600 square feet to 1900 square feet and will be built around a center parking structure and courtyard. The apartments will have prominent frontage along Westheimer Road, a major east/west corridor that will provide the project with excellent drive-by visibility and access to the Sam Houston Parkway.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
