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Additional housing coming to the Houston area

January 16, 2013 Leave a comment Go to comments

In order to cope with the rising demand for Houston homes, a greater number of developers are breaking ground on new residential projects.

The Houston residential construction rate continues to increase as local residents show interest in homeownership.

One of the most recent projects is from the Houston-based Martin Fein Interest Ltd. The company plans to demolish the Willowick Court Townhomes, located inside the Interstate 610 loop, the Houston Business Journal reports.

Once the 10-acre lot is cleared, it will provide the needed space for not one, but three different housing complexes.

The first is the Aria at Wollowick Park, which will have an estimated 325 units, ranging from one- to three-bedroom apartments, averaging 862 square feet, according to the report. In addition, the Olympia at Willowick Park will include 189 units with an average size of 1,462 square feet.

Lastly, the Townhomes at Willowick Park will include 38 units, each equipped with an attached two-car garage and an estimated 2,600 square feet of living space, the report said.

With ample options, Houston households of different sizes and background may be able to find housing options once the project is complete in the third quarter of 2014.

Reprint from  houstonrealestateobserver.com            Article Author: Real Estate News

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