A reader asks:
Has anyone else heard the rumor that Mosaic Hermann Park’s South Tower (already under construction) is going all rental once complete?
It would be kinda cute if the second condo tower did end up switching to apartments, since the first tower went in the opposite direction:
[Phillips Development managing director Donald] Phillips says the company financed the first Mosaic tower as a rental property because that was the only way to secure funding.
“We did whatever we had to do to get the thing built,” he says.
- Mosaic orders double-dip as second condo tower moves forward [Houston Business Journal]
- Mosaic: Second Tower Rising [Swamplot]
- Mosaic: More Condos Available! [Swamplot]
Photo: Aerial photo of Mosaic from June: Aero Photo