Publications

Transactions - OCTOBER 15, 2019

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Australian developer completes $200m multifamily property in Houston

by Andrea Zander

Australia-based developer Caydon USA has completed the residential phrase of its first U.S. development, the $200 million Drewery Place, located in Midtown Houston.

The 27-story high-rise contains 13,000 square feet for retail on its first floor.

Drewery Place marks the first phase of Caydon’s planned 3.5-acre mixed-use development in Midtown, dubbed Laneways. The development will ultimately include three more high-rise apartment towers with space for retail, a condominium project and a boutique hotel.

The next phase of the development will begin in early 2020.

Earlier this month, Kimpton Hotels & Restaurants was announced as the hotel partner, which will be Kimpton’s first location in Houston. The company already operates a boutique hotel property in Austin and will open a Dallas location in summer 2020. The Midtown hotel will have 204 guest rooms, a signature restaurant and cafe, a rooftop pool and bar overlooking the city, and more than 14,000

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.