Sources have indicated to Swamplot that all 102 separately owned units of a townhome development behind the Park Towers office complex on the West Loop have been sold. The 5.3969-acre site currently occupied by the Post Oak Park Townhomes (shown in the photo above) had been marketed for sale by CBRE. One source tells Swamplot the buyer of the condo development is a “foreign investor,” and that unspecified highrise buildings are reportedly planned for the property.
The 1975 complex sits at the corner of Post Oak Park Dr. and River Hollow Ln. on the east side of the West Loop, near the southwest corner of Memorial Park. According to the same source, residents will have 60 days to move out of their homes.
- Post Oak Park Dr. & Post Oak Blvd. [LoopNet]
Photos: HAR (parking lot); CBRE (aerial view)