Hunington Residential's Energy Corridor Luxury
As we mentioned, Hunington Residential closed last week on an eight-acre tract in Ten Oaks, where it plans to build 382 luxury apartment units and townhomes. Hunington SVP of multifamily Kate Good (here with her partner Sandy Aron) tells us this will be the first luxury wrap project on the east side of the Energy Corridor, which made it hard to find comps to set rent. She selected the site in an attempt to avoid the crazy gridlock on Eldridge, where most other multifamily projects are going in. (Traffic isn't just for minivans.) She’s also enamored with the site’s access—residents can exit either Greenhouse or Barker Cypress and come down Park Row.
And Kate knows residents will love being adjacent to the hike and bike trails. Hunington is building two esplanades into Addicks/Cullen Park (the two hotels being built adjacent are as well) and will offer bike amenities like tire pumps and perhaps even a vending machine to buy new tubes. But she’s most excited about the project’s pet amenities. Kate tells us 70% of area renters have pets, so this community will have features never before seen in Houston. (We have to wait for the Q4 groundbreaking to find out what, though.) One fun amenity for human residents: A sixth-floor skydeck and an east-facing sky lounge.
