(Read more on the multifamily market.)
HOUSTON-A Boston developer will break ground in the fourthquarter on Regent Square, a pedestrian-oriented, mixed-use project.Area sources estimate the all-in development cost for the 24-acreproject could come in just under $200 per sf.
Regent Square, which will be constructed in two phases, willconsist of 390,000 sf of retail and office space, 200-room boutiquehotel and up to 1,800 residential units. The first phase willconsist of 230,000 sf of retail and restaurants, 60,000 sf ofoffice, the hotel and 740 residential units. The planned opening is2010. The second phase's start will be based on market demand.
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