Groundbreaking set for new condominium tower in Houston
Sep 11, 2015, 8:21am CDT by Paul Takahashi – Reporter Houston Business Journal
Randall Davis Co. plans to break ground this fall on a , which is seeing new high-rise condominium . The Houston developer and its development partner, DC Partners, expect to start construction in mid-October on Arabella, brisk sales despite the oil slump at 4521 San Felipe. The condominium project, which will feature 10 units with private terrace-top swimming pools, is planned for a 33-story, 99-unit condo tower near Westheimer Road and the 610 Loop in the Galleria area. the former site of Westcreek at River Oaks apartments
Buyers have purchased about 45 percent of the condo units inside Arabella since Randall Davis Co. began presales in April. The project — which will be built near the River Oaks District, a high-end retail development from San Diego-based OliverMcMillan — is expected to be completed in January 2018.
“Our sales have been really good,” Randall Davis said. “Our location is A+ with the River Oaks District and the iPic movie theater getting ready to open next month. People are attracted to the building.”
Arabella, which was designed by Houston-based Powers Brown Architecture, will feature 10-foot-tall sections of fritted glass windows — the bottom two feet of which will be spotted with white dots — that will give the building the appearance of floating white clouds, Davis said. It’s a design cue borrowed from some of renowned architect Frank Gehry and Richard Meier’s high-rise projects in New York City, he added.
The base of Arabella will look like a jewel box, similar to the new Baccarat Hotel in New York City, Davis said. The podium-style tower will have parking on the bottom floors, an amenity deck on the eighth floor and residences starting on the ninth floor.
– 99 units ranging in size from 1,400 square feet to 5,800 square feet.
– Price from $800,000 to $4 million.
– 45% sold since April 2015
– 10 units with private terrace-top swimming pools.
Delivery January 2018
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