Southern Land Co. is set to enter the Houston development market for the first time and start work on a $171 million mixed-use project that will feature retail, residential and office space.
The groundbreaking and ceremony to celebrate it is set for April 14, according to a report from the Houston Business Journal.
The 2024 plans filed with the Texas Department of Licensing and Regulation called for the two-acre site to span 460,280 square feet. A significant portion was dedicated to a 37-story apartment tower that totals 77,516 square feet. Other components include a four-story office building, a four-story parking garage above the office and 15,034 square feet of restaurant and retail space.
The groundbreaking was originally set for October 2024 and it's unclear what caused the delay to this point. Originally, the completion date was scheduled for the middle of 2027 and it's unknown if that will be pushed back as well.
SCB, headquartered in Boston, is serving as the design firm for the site located in Upper Kirby.
As this marks an entry to Houston for Southern Land, the company will lean on the city's strong fundamentals. As highlighted in a recent PwC Emerging Trends in Real Estate 2026 report, Houston ranks among the top 10 markets in terms of dynamics. The city's population has exceeded 7.5 million residents, with gross metropolitan product increasing by 7.9 percent to $697 billion, according to the report. Plus, Houston is home to one of the country's biggest industrial sectors.
Multifamily Dive reported in January that Southern Land was planning on opening three luxury communities in Las Vegas this spring, delivering more than 900 units to the area.
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