Hanover developing 412-unit multifamily project
HOUSTON – The Hanover Co. and its joint venture partner, PCCP LLC, are developing a 412-unit apartment complex on 5.86 acres at 1500 Westbranch Dr.
The six-story property will encompass a mix of 343 market-rate and 69 affordable units, which will average 889 sf.
The project will feature:
nearly 3,000 sf of ground-floor retail space;
landscaped courtyard with resort-style pool, firepit, and grilling area;
clubhouse with demonstration kitchen and multimedia area equipped with a cinema with stadium seating, gaming activities, and televisions;
fitness center and business/conference rooms; and
596 residential parking spaces.
JLL represented The Hanover Co. in joint venture equity negotiations.
Completion is slated for late 2021.
The Real Estate Center has more Houston multifamily news.
Source: JLL
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