Block 365

Block 365 – Downtown Houston Multifamily Development

Location: Downtown Houston, TX
Type: Urban Multifamily
Size: 220 Units

Located in the Southwest quadrant of the Houston CBD, Block 365 was acquired for multifamily development in the fast growing Downtown Houston submarket.  With over five million square feet of office space development planned over the next 3 years, and a wealth of new hotels, retail and restaurants coming online as well, the city of Houston has created an incentive for developers to build apartments in the CBD to complement the continued growth in the downtown area.  Growth in the Energy, Medical and Financial sectors has made Houston one of the strongest markets for job growth in the country, and has created significant demand for housing.  Leon Capital Group is working with the architects at Hensley Lamkin Rachel, Inc. to design the property, and both groups are working closely with the Downtown District to meet the design guidelines that accompany the Downtown Living program.  The project is planned to begin in Q4 2014 and will consist of 220 luxury apartments with resort style amenities, along withgreat views of downtown, walkability to major sports arenas and nightlife, and close proximity to a very dense and growing employment center.