Multifamily Monday: A Sneak Peek at The Susanne

Marvy Finger’s The Susanne has started welcoming residents; the second floor will deliver units on May 1.

Finger Co property manager Ellie Sweeney showed us around the 396-unit property, which is still under construction. It began inking leases mid-February and is 33% leased, with nine people already in residence on the first floor. 30 more will move in next month when the second floor (of eight) completes, and the team expects it to be 50% leased by June 1. The pool opens in two weeks, and all common areas will be done by June 15. The second phase is flying along and will open in July, much sooner than planned. The entire property will be done construction by the end of October, Ellie says.

The Susanne is at the corner of West Alabama and Dunlavy, directly across the street from HEB Montrose. (80% of potential resident traffic has been from HEB shoppers, Ellie tells us, and the community is giving residents little collapsible shopping carts to bring groceries home.) The floors are separated by 6” of concrete, which keeps everything quiet—construction was going on a story above us and we couldn’t hear a thing. Some unique features are these giant bay windows and balconies, from which residents will be able to see Downtown and Galleria skylines.

Continue reading this story with a free account

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

Bugatti Lends Brand To 60-Story Miami Condo Tower

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

FBI Drops Investigation Into Financially Troubled StoryBuilt

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Dublin BTR Had A €1B Summer

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Developer Seeks Permit For Denver Energy Center Conversion Project

Airbnb Launches $250M Fund To Invest In Affordable Housing

DFW Multifamily Distress Creates Opening For Investors As Development Slows

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

16K SF Restaurant, Event Space Opens At 5POP Office: The Houston Deal Sheet