Wood Partners Breaks Ground on 7-Story MF Project Near Memorial Park
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Wood Partners has begun construction on its newest luxury Houston apartment project—a seven-story community called Alta Washington Avenue. With an address of 6400-01 Washington Avenue, the property is located just 1,000 feet from Memorial Park, the 1,503-acre green space that boasts hiking trails, an indoor fitness center, golf course, tennis courts, swimming pool and playground, among other amenities.
Scheduled to open in winter 2020, Alta Washington Avenue will offer 204 units with one and two-bedroom floor plans, as well as three-story townhomes. It is strategically located within five miles of four major employment districts that provide more than 350,000 jobs from several Fortune 500 companies.
“Alta Washington Avenue is situated in a highly-desirable residential neighborhood with historically strong rent growth,” said Bart Barrett, managing director for Wood Partners’ Houston Office.
Wood Partners consistently ranks among the top five multifamily developers in the country. The company currently owns 70 properties across the nation, with a combined total of 20,000 homes in 18 markets.