HOUSTON: Another Galleria Multifamily Gem Coming

Post Properties is showing its love for Houston's Richmond Avenue, building high-end multifamily properties along the road in two Inner Loop submarkets. VP of investments Bart French tells us leasing starts this month on its 242-unit community, Post 510, in the Midtown/Montrose area. And later this year, it'll demolish an abandoned hotel (now where will we film our Scooby Doo remake?) in the Galleria and break ground on a yet-unnamed, 390-unit community. The properties sit 4.5 miles apart in vibrant areas of Houston.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

What's At Stake For CRE In Tuesday's U.S. Midterm

The Data Center Election That Matters Isn't In Congress

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Office Recovery Moving Faster Than Expected, CoStar Finds