Houston’s Heights Getting New Luxury Development

2022-09-16 21:56:00 By : Ms. Anne DAI

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OHT’s Jackson Simons with rendering of Lenox Heights at 333 West 24th Street (OHT Partners, Steinberg Dickey Collaborative)

The Heights is getting another multifamily development — living up to its reputation as Houston’s fastest growing neighborhood.

OHT Partners, a prominent developer from Austin formerly known as Oden Hughes, is planning an upscale apartment complex at 333 West 24th Street, the Houston Chronicle reports.

The five-story, 359-unit apartment complex — dubbed Lennox Heights — has an estimated cost of about $31 million, according to state permit filings. Plans for the development include two resort-style pools, a skydeck with views of downtown Houston, a coworking studio, and, of course, a pet spa — the cornerstone of any luxury development.

The development site is 10 blocks north of the neighborhood’s historic 19th Street commercial district. Construction is expected to start in December with the project opening in the first quarter of 2025, said OHT executive Jackson Simons.

Lennox Heights will be more or less identical to a five-story apartment complex called Domain Heights on West 25th Street. CityStreet Residential opened the 406-unit project for leasing in February and is currently 56 percent leased.

“The Heights has proven to be a popular location due to its convenient access to major employment centers such as Downtown and the Galleria,” said John Cutrer of CityStreet Residential Partners told The Chronicle. “It affords residents the opportunity to combine that short commute with an amazing lifestyle in a true neighborhood, with walkable entertainment, dining, and retail.”

There are reportedly about 1,051 new apartment units under construction across The Heights and the nearby Washington Avenue corridor, according to research from the real estate firm Transwestern. The neighborhood is known for its historic facades and repurposed industrial architecture. Earlier this year, CoStar reported that there were still only about 10,000 apartment units The Heights area — less than 2 percent of all apartments across the metro.

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