Marquette to break ground on luxury residential project in Houston

2 November 2014 (Last Updated November 2nd, 2014 18:30)

Illinois-based Marquette is reportedly planning to start construction on its new $105m luxury residential project in downtown Houston this week.

Illinois-based Marquette is reportedly planning to start construction on its new $105m luxury residential project in downtown Houston this week.

It is planned to be built on 1.4 acres of land, in a joint venture between Marquette; Hunt and Ares Management. The new 361 unit Catalyst Houston apartment project is anticipated for completion in summer 2016.

The single, double and triple bedroom apartments, averaging 950ft², will also feature hardwood flooring, quartz countertops, stainless steel appliances, seven-12ft ceilings, floor-to-ceiling windows, in addition to a private balcony or terrace, according to Houston Business Journal.

With 7,700ft² of ground floor retail and restaurant space, the new tower will feature a 589 space private parking garage above the retail space and underneath the residential units.

"The new 361 unit Catalyst Houston apartment project is anticipated for completion in summer 2016."

The project also involves a full-size, resort-style rooftop pool and other luxurious amenities including 20 penthouses on the top two floors.

Other common amenities include a Wi-Fi lounge, conference centre, and a fitness centre, in addition to 6,000ft² of restaurant space and a'hospitality suite, which is a one-bedroom unit that can be hired for visitors.

Residents will be able to safely access the floor and private garage, as well as a private clubroom with an outdoor grill, fireplace and private bar.

The latest project marks Marquette's first project in Houston and the second Catalyst project, modelled after a similar one in Chicago's West Loop.