Real estate firm Hines has unveiled plans to develop a 46-storey, luxury residential tower in downtown Houston, US.
Being constructed in collaboration with investment partners, Cresset Wealth Advisors and Levy Family Partners, the residential high-rise community project, known as The Preston, will be located at the corner of Preston and Milam Streets. This location is adjacent to Market Square Park and the landmarked Hogg Palace residential building.
Hines will build the project on the site of the former Houston Chronicle parking garage, close to the company’s one-million-square-foot office tower, which is being constructed at 800 Texas Avenue.
According to the company, the tower will be the tallest residential community in downtown Houston.
The building will house 373 luxury residences and will offer panoramic views of the Central Business District, Market Square Park, Sesquicentennial Park and Buffalo Bayou.
The design team for the Preston includes Munoz + Albin, design architect; Mayfield and Ragni Studio (Mars), interior architect. TBG has been appointed as the landscape architect and Harvey Builders will serve as the general contractor.
Munoz + Albin principal Jorge Munoz said: “Rotating the building diagonally to Houston’s grid provides wider uninterrupted views from all the residences. The massing and geometry of the tower are a response to the building’s immediate context, maximising long distance views, natural light and direct views of Market Square Park.”
Each single-level floor plan features flexible living spaces and floor-to-ceiling windows in order to maximise views.
The building will also have ten penthouse residences, situated on levels 44 and 45. Each will span 1,739ft²-2,927ft² and contain outdoor living rooms, freestanding bathtubs and ultra-luxurious finishes.
Some of the penthouses will be equipped with outdoor kitchens with gas grills and refrigerators, and indoor fireplaces.
Amenities include a 24-hour concierge; valet parking; 46th-level sky amenity deck capturing panoramic views of the skyline with private resident dining room and catering kitchen.
Residents will also have access to the tenth level zero edge pool, cabanas, daybeds, yoga lawn and private terrace, and gym.
In addition, The Preston will have co-working and conference spaces, guest suites, and social lounges, as well as 6,800ft² of curated street-level retail and restaurants onsite.
Construction work is set to begin next month with completion anticipated to occur in the third quarter of 2022.