Houston residential tower scheduled for construction

Construction of BLVD is scheduled to start at the beginning of next year.Due to a lack of available land in the Houston area, real estate developers are eyeing the city's growing skyline.Rather than constructing new residential properties outward, some builders have opted to build high-rise apartment complexes to meet the demand for Houston homes.The most recent property scheduled to break ground is a 29-story residential tower in the city's Galleria/Uptown District. The building is expected to have 355 individual units that range from 650 to 3,000 square-feet.”The high profile upscale BLVD Place will contain retail, office and residential components in a people friendly, urban environment,” according to Ed Wulfe, chairman of Wulf & Co., the company tasked with constructing the property.Construction of BLVD is scheduled to start at the beginning of next year and units are expected to be move-in ready toward the end of 2014.?Local residents should consider taking advantage of fixed mortgage rates hovering near all-time lows and investing in one of these homes. Seeing how the development is going up in one of Houston's hottest neighborhoods, apartment values in the building could appreciate significantly shortly after completion.? Real Estate News brought to you by 2M Realty, a true expert in the online real estate market.

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