Home > Uncategorized > Developer moves forward with luxury apartments by Highland Village

Developer moves forward with luxury apartments by Highland Village

October 29, 2011 Leave a comment Go to comments

The Dinerstein Cos. has closed on its agreement to develop a high-end apartment complex near Highland Village.

The Houston-based multifamily developer took over the project from Fort Worth-based Trademark, which was planning a much larger mixed-use project that broke ground in 2008 but was  shelved amid the economic downturn.

The new project, called Millennium High Street, will be built on a 6.25-acre site at 4410 Westheimer — the former Central Ford dealership property.

“Projects like High Street are part of a growing trend — the expansion of high density living outside of downtown,” Brian Dinerstein, partner at the Dinerstein Cos. said in a news release. “Adjacent to the iconic retail and restaurant offerings at The Galleria and Highland Village as well as public transit and business districts, The Millennium High Street demonstrates the ability to live, work and play in a sustainable environment.”

The project will include 340 apartments ranging in size from 767 to 1,347 square feet. Completion is scheduled for the summer of 2013. Dinerstein, whose partner on the deal is Coventry Real Estate Advisors, will seek LEED certification for the development.

This is the second residential project for Dinerstein in the Galleria area. The company is also building a complex at 2525 McCue.

Here’s a rendering of the High Street project:

Reprint from Chron.com

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