(To read more on the multifamily market, click here.)
PASADENA, TX-After an 18-month wait to develop 2.87 acres,construction has begun on Endeavor Clear Lake, the area's firsthigh-rise condo project. The 30-story, 80-unit complex is scheduledfor completion by summer 2007.
Endeavor Clear Lake, going up at 4821 NASA Parkway, will take aland tract currently valued at $1 million and turn it into adevelopment valued at an estimated $57 million. The developer ofrecord, Endeavor High-Rise LP of Houston, also is the generalcontractor. The high rise was designed by EDI of New York City.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
