Houston-based Define Living acquired a 10.4-acre Central Park parcel from Houston-based Wolff Companies. The site will serve as the location for its second residential community, Define Living: Park Row, situated on Park Row Blvd near I-10 and Central Park West Blvd in Houston’s Energy Corridor.
The mid-rise four-story community, with 388 one- and two-bedroom apartment units ranging from 657 square feet to 1,089 square feet, will feature private patios and a range of price points.
Wellness amenities include daily DEFINE fitness classes, indoor cycling and yoga studios, a fitness center, and a personal wellbeing coach for every resident.
Mucasey & Associates has been selected as the property architect, while Blazer Building will oversee the site’s construction. The project is expected to begin construction in Q4 2025. The on-site clubhouse is expected to be completed by the fourth quarter of 2026, with the residential buildings scheduled to follow suit.
What’s next for multifamily development and expansion in Texas? Hear from major developers—including leadership from Ryan Companies, Lument, GSP, Zonda, Daniel Management Group, CSSI, PGIM, Transwestern, Regions Bank, and many more —as they share what’s driving the pipeline, strategies, overcoming delays, and setting the pace for what’s ahead at Connect Texas Multifamily. www.ConnectTXMF2025.com | EVENT DATE: Thursday, August 28th | VENUE: The Joule, Dallas
The development team behind One Beverly Hills (1BH) said construction on the $10-billion luxury mixed-use project is proceeding ahead of schedule. The Beverly Hilton expansion structure topped out approximately 10 weeks ahead of schedule and one of the residential towers is progressing six weeks ahead. “This was accomplished while significant operations were maintained at The...
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Northwind Group has originated a $231-million first mortgage construction loan for 675 Third Ave., a 32-story, 337,000-square-foot office building in Manhattan’s Midtown East neighborhood that is slated for conversion into residential apartments. The conversion is being led by a joint venture between Nathan Berman’s Metro Loft Management and David Werner Real Estate Investments. Loan proceeds...
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Rental housing affordability declined in 82% of U.S. metropolitan areas between 2014 and 2023, with renters experiencing the equivalent of an average $256 annual reduction in income after accounting for changes in housing quality. That’s according to a new report released Tuesday by the Mortgage Bankers Association’s Research Institute for Housing America. The report, Housing...
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