US-based developer Allied Orion Group has broken ground for a mid-rise apartment community development in downtown Houston.
The opening of Block 384, which has been planned as a 242-unit exclusive apartment home community, has been scheduled for the third quarter of 2017.
The developer will be constructing the project in partnership with Houston EB5 and ATMA.
Financing for the project has been offered by BancorpSouth Bank.
Design plans for the community was developed by architect Meeks + Partners.
According to floor plans, the development will include one and two bedrooms and feature polished concrete floors, granite countertops with under mount sinks, upgraded stainless steel appliances, nine-foot ceilings, balconies, city views and other designer elements.
It will also be equipped with additional amenities, including a rooftop pool deck overlooking downtown, state-of-the-art fitness center, courtyard, secure dog park, covered parking, as well as a bicycle workshop and storage area.
Planning for the development was done in compliance with the National Green Building Standards Bronze Certification criteria.
Allied Orion Group chief investment officer Ricardo Rivas said: "We are pleased to be developing our first Class A community in the downtown Houston area.
"Block 384 will offer professionals a high-quality rental option with all the conveniences and benefits of downtown city living."
Image: Allied Orion Group breaks ground on Block 384, a Class A, mid-rise apartment community in downtown Houston. Photo: courtesy of Allied Orion Group.