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Alliance’s New Houston Project Will Be Part of Village Concept

Alliance Residential Company acquired 13.08 acres of land near the Texas Medical Center to develop a 336-unit multifamily community as part of Saint Nicholas Place. The property is part of a 46.82-acre tract owned by the seller, Taeken, Ltd.

Saint Nicholas School Headmistress Margot Heard said the land sale is part of a vision to create a village concept around a new school campus. “Alliance is known for developing great multifamily communities, and we are happy to have them as new neighbors,” Heard said.

Alliance plans to develop a three-story garden apartment community. The company owns and manages numerous multifamily properties in Houston.

“The Med Center is a vital part of the Houston economy, and we look forward to providing a great new multi-family community within close proximity to nearby workplaces, schools, retail and restaurants,” said Alliance Residential’s David Adame.

JLL’s Chris Bergmann Jr. represented Taeken. Alliance was not represented.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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