Search
 

Project Hopes to Set the Tone for Midtown Rehab

For Caydon's first project in the US, it wanted to be in a city that resembles the culture and livability in Melbourne, Australia, and saw great potential in Midtown with its millennials, booming economy and job growth.

By Lisa Brown | Updated on November 13, 2017

Shovels poised Construction is underway on the first high-rise development in Midtown at 2850 Fannin St.

HOUSTON—Construction is underway on the first high-rise development in the evolving Midtown neighborhood. The luxury residential tower at 2850 Fannin St. is being built by Caydon, a privately owned Melbourne, Australia developer with experience in residential, commercial, retail and hotels. This is the company’s first US development and its goal is to set the tone for rehabilitation in the surrounding community.

Despite the challenges brought by Harvey, the project is still on schedule for completion. Future tenants will be able to move in starting early 2019.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.