Amicus Partners Building 17-Story Condominium Tower Near Rice University

HOUSTON-Amicus Partners of Dallas is constructing a 17-story condominium tower near Rice University in close-in Houston. The 89-unit project will have condominiums priced at $270,000 and up with the average units priced at $380,000. Penthouses will be priced at more than $1 million. The condominium is simply named after its address, 2520 Robinhood at Kirby. The project is being built in the Rice Village area, which covers several blocks with shops, restaurants and other small-scale commercial development.

The $25-million project is scheduled for completion in fall 2001. The tower is being developed by a joint venture of Amicus Partners and Sarofim Realty Advisors. Amicus was founded by Robert Shaw, Roger Staubach and Jim Leslie, president of the Staubach Co., a commercial real estate firm based in Dallas. Shaw was formerly with the Post Properties multifamily development firm.

Amicus assembled a similar team for another 17-story residential tower it is developing in the Knox-Henderson neighborhood of Dallas. Sarofim Realty Advisors is a partner with Amicus in both the Dallas and Houston condominium projects. The same architect, Gromatsky Dupree and Associates, designed both the Houston and Dallas condominium towers for Amicus. A number of mid- and high-rise condominium buildings have been constructed in Houston in the last two or three years. The Personette & Associates realty firm is marketing the Houston condo units to home buyers.