Home > multifamily, New Construction, Uncategorized > Houston’s second SkyHouse apartment tower breaks ground

Houston’s second SkyHouse apartment tower breaks ground

Ground has broken on Houston’s second SkyHouse luxury apartment tower, representatives said Monday.

The 25-story, 352-unit SkyHouse River Oaks will be located in Cypress Real Estate Advisors’ new master-planned redevelopment of the Westcreek at River Oaks community. Residents of the existing Westcreek at River Oaks, located next to Target on San Felipe Street near the 610 Loop, were told in November the existing community would be torn down for a new development.

2014 01 22 SkyHouse River Oaks

The project is expected to deliver in the first quarter of 2015. Batson-Cook Construction is the general contractor, and Smallwood, Reynolds, Stewart, Stewart & Associates Inc. is the architect. Both are based in Atlanta.

The project’s development team — Denver-based Simpson Housing LLLP, Atlanta-based Novare Group, Atlanta-based Batson-Cook Development Co. and Houston-based developer Peter Dienna — also is building SkyHouse Houston downtown. That 24-story, 336-unit tower broke ground in March 2013.

SkyHouse River Oaks will feature one- and two-bedroom units with floor-to-ceiling glass, among other high-end finishes. The so-called “SkyHouse” will be on the 25th floor and includes a club room, fitness area and outdoor plaza with two swimming pools, as well as fireplaces and kitchens.

SkyHouse River Oaks is the 10th SkyHouse project nationwide, which collectively represent an investment of more than $600 million across the southeastern U.S.

The projects aim to provide cost-competitive urban living targeting a younger population.

“This is a demographically driven program targeting younger residents who desire a high-rise urban lifestyle with entertainment and leisure options close by,” Mark Stewart, director of investments for Batson-Cook Development, said in a statement Monday. “Between the years 2012 and 2017, 4.2 million people will turn 22 every single year and for many in this demographic, they will find SkyHouse to be an ideal place to call home.”

By Olivia Pulsinelli – Houston Business Journal

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