Greystar plans to squeeze a 375-unit apartment highrise on the same 1.35 acre lot at 6750 S. Main St. as an in-the-works hotel from Medistar. That Medistar project, which was originally planned as a 220-unit hotel-slash-apartment building on the same spot, will now be a 357-room just-hotel, and will share a lobby with Greystar’s apartment towerÂ on the southern half of the block between Travis St. and S. Main at Old Main St. (across the street from the Texas Women’s University building.)
The two towers (rendered above styled as 1850, seemingly in reference to the Old Main address) will slip in between a Best Western and a Wyndham Hotel, and would total in the neighborhood of 800,000 sq.ft. of floorspace, Greystar’s David Reid tells the HBJ’s Cara Smith.Â The apartment unit floorplans range significantly in size— the largest 2 suites measure in around 3,800 sq.ft., and the smallest bottom out at an Ivy-Lofts-esque 349 sq.ft.
Reid expects the apartment tower to be completed in the first quarter of 2018, and the hotel is slated to wrap up during the quarter after that. Medistar previously tried for another cross-genre development in the area: a 40-story hotel-slash-condo project on the block to the north, which didn’t go over well with the nearby neighborhood.
- Exclusive: Houston real estate companies partner on luxury med center apartments [HBJ]
- Previously on Swamplot:Â A Med Center Hotel and Apartment Tower Next to the Best Western on South Main St.; Live on TV: New Med Center Hotel-Condo Tower;Â Newest and Tallest: The Texas Medical Center Goes Condo
Rendering of proposed apartment tower: The Preston Partnership