More details emerge from The Woodlands new condo complex

As promised, we managed to get a sneak preview on what The Woodlands is planning to do on the topic of new luxury condos. To be completely honest, we left with more questions than we had answers, but with a good idea of where the developer is going to land. Simply put, the development company is in the exploratory phase – basically, they’re defining the when, what, and where.

  • When: Although the presentation mentions “near future,” we have to ascertain that the new buildings will be ready in 2015. What gave it away was the little disclaimers, saying that the proposed pricing was assuming 2015 rates.
  • What: Artist renderings were provided; however, the areas of focus for the development company is to determine the size and configuration of the units – namely, are lofts (1-bedroom) more appealing than a full-size, 3-bedroom. Also interesting was the discussion of the different amenities that these units would have: from Wine Cellars, to Maid’s Quarters, to on-site dry cleaning.
  • What Else: The Woodlands Development Company is also exploring rental properties:
    • High-rise luxury apartments – with units ranging from 960 to 1,500 soft, with a monthly rent estimated between $3,000 and $5,000 – again, in 2015.
    • Senior-living / Active Adult community – a mid-rise complex along the water. The facility would not include medical services, but it would be considered an “upscale” community
  • Where: There are three lots that are being considered for this development. The picture below will show you exactly where they’re located, but as you can see, they’re in the Waterway district. In fact, Site #1 is right next to the Water Fountain Park, and in front of a  planned 300-room luxury hotel

 

Luxury High-Rises - The Woodlands

We hope that this was informative. As always, we’ll post more as soon as we become aware of it. However, we’re very curious to know what you think. Share your thoughts with us via our Facebook page!

About Danny Sanchez

Joining Rianne's award-winning team after a successful career as a Program and Operations Manager for a global outsourcing firm (with Fortune 100 companies as his primary clients), Danny has seen The Woodlands grow to what it has become today since 2001. An advocate for innovation and perfecting the Best Possible Real Estate experience, he understands very well that clients always come first. In his own words, "success looks like clients feel that they don't have any needs - because you've more than anticipated them."