This Submarket is the New Queen of Apartment Development in Houston The multifamily construction pipeline is picking up in Katy. The city has more than 4,200 units underway, which is the biggest chunk of the nearly 20,000 apartments headed to the Greater Houston area. However, multifamily developers and experts are not…

New luxury apartments coming to Katy in Fall 2019 A new high-end apartment complex will break ground in Katy this fall. Encore Grand Crossing will be located at the northwest corner of West Fernhurst and Western Center Drive near Grand Parkway and I-10, said Charlie Keels, the president of Dallas-based…

201-unit multifamily development breaks ground north of Springwoods Village Houston-based real estate investment firm Allen Harrison Co. has broken ground on a four-story multifamily development in Spring, north of Springwoods Village. Dosch Marshall Real Estate Principal Tom Dosch confirmed via email that Allen Harrison purchased a 5.3-acre parcel of land from Dallas-based…

This Week’s Houston Deal Sheet   Phase 3 is underway at Bay Area Business Park in Pasadena. The 1.3M SF project on 95 acres consists of three buildings: 250K SF, 300K SF and 784K SF, which is expandable to 1M SF. Availability is anticipated for the first quarter of 2020….

HBJ Names Top Houston Land Brokers as 2019 Heavy Hitters No. 1 in land: David Marshall Principal, Dosch Marshall Real Estate Years at current brokerage: 2 Years in CRE: 17 Gross dollar volume of deals in 2018: $247.7 million Total acreage of deals in 2018: 1,816.53 acres How’s business? Business is really good right now….

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Apartment projects on former Chelsea Market site, near Memorial Park, to start construction later this year, filings show State filings show Phoenix-based Alliance Residential plans to start construction on two more in-town apartment projects later this year. Broadstone Memorial Park at 7721 Washington Ave. will be across Interstate 10 from…

Houston developer considering Garden Oaks-area apartment project Along with a downtown apartment high-rise and a senior living project in Upper Kirby in the works, Houston-based Hines has another potential apartment project on its list. The developer is requesting variances from the city of Houston planning commission Jan. 31 for a nearly five-acre tract off…

HBJ’s 2019 Landmark Awards: Land Deal winner and finalists Winner: H-E-B’s Land Purchase at Kirby Boulevard and West Alabama Street Developer: Midway/H-E-B Seller: Tommy Dickey/Tom Lipincott Attorney: Greg Erwin Broker: Tim Dosch and David Marshall (represented seller); Baker Katz (represented H-E-B) San Antonio-based H-E-B Grocery Co. closed on its purchase of land near the northwest intersection of…

Alliance Residential’s Vintage Park apartments will break ground soon, developer says Phoenix-based Alliance Residential will soon break ground on a nearly 20-acre vacant tract adjacent to the restaurant and retail destination Vintage Parknorthwest of Houston. The garden-style apartments, named Broadstone Vintage Park in county clerk records, will likely deliver first units…