GID Kick-Starts Regent Square Project with Luxury Apartment Tower
By Georgiana Mihaila, Associate Editor
GID Development Group’s 4.2 million-square-foot mixed-use Regent Square development now has a starting point, as the company has begun construction on The Sovereign high-rise apartment tower.
The 290-unit luxury tower is to be set in the very heart of the Inner Loop at 3233 W. Dallas; its 21 stories will offer panoramic views of the Downtown Houston skyline, Buffalo Bayou, Memorial Park, River Oaks and the Galleria. The building aims at becoming Houston’s most advanced high-rise residential product and is designed to achieve a LEED Silver rating.
Houston-based Zeigler Cooper Architects is behind the design of The Sovereign; the firm made an effort to for the building to blend into the surrounding neighborhood by using a mix of glass, brick and stone treatments, referencing both traditional and contemporary architectural elements. JE Dunn will serve as general contractor.
The 290 luxury units will feature 10-foot ceilings and contemporary kitchens with gas cooking, granite countertops and stainless steel appliances. Marble and tile bathrooms are to provide five-fixture layouts, with separate bathtub and shower areas, double vanities and low-flow toilets. Units will also feature expansive windows, generous balconies and modern conveniences such as under-counter wine/beverage refrigerators.
GID Development states that the project will feature the largest, most sophisticated set of amenities in the market, with more than 48,000 square feet of indoor and outdoor features creating a resort-like atmosphere oriented toward health, fitness, relaxation, socializing, entertainment, private functions and a variety of regularly programmed events. Additionally, residents will have access to the Sovereign Club, which will span the entire eighth floor—42,000 square feet—and include both indoor and outdoor activity space, ranging from a yoga studio and cyber lounge to private cabanas, a Zen garden and a 75-foot resort-style pool lined with palm trees.
According to an official release, through a pioneering development agreement from the City and Tax Increment Zone 5, Regent Square and The Sovereign will be reimbursed for critical improvements to the public infrastructure in the area. These improvements will include burying overhead utilities, upgrading drainage in the area and creating wide, pedestrian-friendly sidewalks with mature street trees. Bank of America provided the construction financing.
The Sovereign—slated for completion in March 2014—is merely the first phase of the 24-acre Regent Square master plan, a 4.2 million-square-foot mixed-use project to be developed by GID Development Group. Regent Square has been designed as Houston’s most visionary and ambitious walkable mixed-use district, featuring residential apartments and condominiums, retail shops, restaurants, theaters and entertainment venues, office space, parks and courtyards, along with gracious tree-lined streets and sidewalks.Tags: Architecture/Design, Developers, Development, Finance/Investment, Financiers, GID Development Group, green, Houston Lead Story, Investors, Local, luxury, luxury apartment tower, Multi-Family, National, Professional, Regent Square, Regional, The Sovereign, Zeigler Cooper Architects