Downtown Houston Residences

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Downtown Houston Residences DOWNTOWN HOUSTON RESIDENCES CURRENT RESIDENCES OPEN DATE TYPE UNITS Beaconsfield Condos 1908 Condo 18 Plaza & Peacock Apartments 1927 Rental 32 Houston House Apartments 1968 Rental 394 Four Seasons Condominium 1980 Condo / Rental 104 Dakota Lofts 1994 Rental 53 Foley Building 1995 Single Family 2 White Oak Lofts 1997 Rental 12 Hermann Lofts 1998 Condo 33 The Rice 1998 Rental 312 New Hope Housing - 1414 Congress 1998 Affordable 57 St. Germain Lofts & Condos 1999 Condo 109 Bayou Lofts 2000 Condo 108 De George at Union Station (Veteran Housing) 2000 Affordable 99 Keystone Lofts 2000 Condo 31 Capitol Lofts 2001 Condo 37 Sabine Street Lofts (Marquis Lofts on Sabine) 2001 Rental 198 San Jacinto Lofts 2001 Condo 16 110 Milam 2001 Single Family 1 Commerce Towers 2002 Condo 132 Franklin Lofts 2003 Condo 62 Byrd's Lofts 2005 Condo 5 Eller Wagon Works 2005 Rental 32 Kirby Lofts on Main 2005 Condo 65 One Park Place 2009 Rental 346 Tennison Lofts 2009 Rental 39 CityView Lofts 2011 Rental 57 National Cash Register Building 2011 Single Family 1 SkyHouse Houston 2014 Rental 336 500 Crawford 2015 Rental 400 Block 334 2016 Rental 207 SkyHouse Main 2016 Rental 336 The Hamilton 2016 Rental 149 Market Square Tower 2016 Rental 463 The Star (1111 Rusk) 2017 Rental 286 1414 Texas Downtown 2017 Rental 285 Eighteen25 2017 Rental 242 ARIS Market Square 2017 Rental 274 Catalyst 2017 Rental 361 1711 Caroline 2018 Rental 220 Marlowe 2018 Condo 100 Camden Downtown 2020 Rental 271 Total Residential Properties: 41 Total Residential Units in Operation: 6,279 Updated: January 2021 RESIDENCES UNDER CONSTRUCTION OPEN DATE TYPE UNITS Sovereign at the Ballpark 2021 Rental 229 Brava 2022 Rental 373 1810 Main - Fairfield Residential 2022 Rental 286 Trammell Crow Co. | Higher Street Residential 2022 Rental 309 McKee City Living 2022 Rental 120 Total Residential Properties Under Construction: 5 Total Residential Units Under Construction: 1,317 PLANNED RESIDENCES OPEN DATE TYPE UNITS Block 346 – Camden 2023 Condo 275 Total Residential Properties Planned: 1 Total Residential Units Planned: 275 *Hogg Palace, which opened in 1995 with 79 rental units, was removed from inventory in 2020 due to property conversion to non-residential use. Updated: January 2021 .
Recommended publications
  • Downtown Development Project List
    DOWNTOWN DEVELOPMENT This list provides details on all public and private sector construction projects in Downtown Houston since 1995. Costs are estimated or otherwise not available. Under Construction Harris County Jury Assembly Plaza Reconstruction of the plaza and pavilion including relocation of electrical vault. Address 1210 Congress St. Developer Harris County Estimated cost $11.3 million Est. completion 3Q 2021 Website Harris County Clerk McKee City Living 4‐story, 120‐unit affordable‐workforce housing. Address 626 McKee St. Developer Gulf Coast Housing Partnership Estimated cost $29.9 million Est. completion 4Q 2021 Website McKee City Living UHD Student Wellness & Success 72,000 SF student fitness and recreation facility. Address 315 N Main St. Developer University of Houston Downtown Estimated cost $38 million Est. completion 2Q 2022 Website UHD Student Wellness & Success Center JPMorgan Chase & Co. Tower Reframing and renovations of the first and second floor lobbies, tunnel access and the exterior plaza. Address 600 Travis St. Developer Hines Estimated cost $2 million Est. completion 3Q 2021 Website JPMorgan Chase & Co Tower Frost Town Brewing Reframing and 9,100 SF brewing and taproom serving locally inspired beers Address 600 Travis St. Developer Hines Estimated cost $2.58 million Est. completion 3Q 2021 Website Frost Town Brewing Moxy Hotel by Marriott Redevelopment of the historic office building at 412 Main St. into a 13‐story, 119‐room hotel. Address 412 Main St. Developer InnJoy Hospitality Estimated cost $4.4 million P Est. completion 2Q 2022 Website Moxy Marriott Hotel V = Estimated using the Harris County Appriasal Distict public valuation data, January 2019 P = Estimated using the City of Houston's permitting and licensing data Updated 07/01/2021 Harris County Criminal Justice Center Improvement and flood damage mitigation of the basement and first floor.
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  • Downtown Houston Residences
    DOWNTOWN HOUSTON RESIDENCES CURRENT RESIDENCES OPEN DATE TYPE UNITS Beaconsfield Condos 1908 Condo 18 Plaza & Peacock Apartments 1927 Rental 32 Houston House Apartments 1968 Rental 394 Four Seasons Condominium 1980 Condo / Rental 104 Dakota Lofts 1994 Rental 53 Foley Building 1995 Single Family 1 White Oak Lofts 1997 Rental 12 Hermann Lofts 1998 Condo 33 The Rice 1998 Rental 312 New Hope Housing - 1414 Congress 1998 Affordable 57 St. Germain Lofts & Condos 1999 Condo 109 Bayou Lofts 2000 Condo 108 De George at Union Station (Veteran Housing) 2000 Affordable 99 Keystone Lofts 2000 Condo 31 Capitol Lofts 2001 Condo 37 Sabine Street Lofts (Marquis Lofts on Sabine) 2001 Rental 198 San Jacinto Lofts 2001 Condo 16 110 Milam 2001 Single Family 1 Commerce Towers 2002 Condo 132 Franklin Lofts 2003 Condo 62 Byrd's Lofts 2005 Condo 5 Eller Wagon Works 2005 Rental 32 Kirby Lofts on Main 2005 Condo 65 One Park Place 2009 Rental 346 Tennison Lofts 2009 Rental 39 CityView Lofts 2011 Rental 57 National Cash Register Building 2011 Single Family 1 SkyHouse Houston 2014 Rental 336 500 Crawford 2015 Rental 400 Block 334 2016 Rental 207 SkyHouse Main 2016 Rental 336 The Hamilton 2016 Rental 149 Market Square Tower 2016 Rental 463 The Star (1111 Rusk) 2017 Rental 286 1414 Texas Downtown 2017 Rental 285 Eighteen25 2017 Rental 242 ARIS Market Square 2017 Rental 274 Catalyst 2017 Rental 361 1711 Caroline 2018 Rental 220 Marlowe 2018 Condo 100 Camden Downtown 2020 Rental 271 Total Residential Properties: 41 Total Residential Units in Operation: 6,278 Updated: September 2020 RESIDENCES UNDER CONSTRUCTION OPEN DATE TYPE UNITS Sovereign at the Ballpark 2021 Rental 229 The Preston 2022 Rental 373 1810 Main - Fairfield Residential 2022 Rental 286 Trammell Crow Co.
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  • DOWNTOWN the OAKS Hobby Airport 24 M I N
    THE WOODLANDS KINGWOOD TOMBALL SPRING ATSCOCITA 290 HUMBLE LOCATION WILLOWBROOK 59 CYPRESS 90 6 The Heights 15 min. IAH 99 River Oaks 17 min. 45 West University Place 14 min. Memorial 23 min. 290 59 90 The Galleria 16 min. THE Tanglewood 17 min. HEIGHTS 10 KATY MEMORIAL 10 The Medical Center 19 min. 610 TANGLEWOOD RIVER DOWNTOWN THE OAKS Hobby Airport 24 m i n . GALLERIA WEST George Bush Intercontinental UNIVERSITY 27 m i n. THE Airport (IAH) PLACE MEDICAL PORT OF CENTER HOUSTON 610 Sugar Land 27 m i n. 59 Port of Houston 40 min. Trinity Bay 99 Baybrook 32 min. HOBBY AIRPORT 90 Katy 37 min. 45 Cypress 35 min. Galveston Bay 288 SUGAR LAND BAYBROOK The Woodlands 36 min. 59 6 PEARLAND Kingwood 38 min. 65,720 150,000 22 residents currently live employees work Hotels downtown downtown (2 mile radius) 11 2,936 220,000 million people attend downtown Houston new residential units people visit downtown culture and entertainment planned or under on a daily basis attractions annually construction 1.2 million 7, 300 1,500 43.7 million 1.5 million people stay in downtown hotel rooms new hotel rooms SF of existing SF of office under Houston hotels annually under construction office space construction MAJOR EMPLOYERS Franklin Franklin Lofts? Old Cotton Islamic Hermann The Corinthian Harris Exchange Dawah Center Harris Lofts County County Family Law Harris Garage Center County Foley Sally’s Hotel Icon Congress Plaza Civil Courthouse George Bush Building (Jury Assembly) House Monument Congress Market Market 1414 Square Congress Garage Square Houston Hamilton Street Sesquicentennial Harris County Ballet Park Residences Majestic 1910 Courthouse Harris County Park Metro Harris County Juvenile Justice Admin.
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  • Living Downtown in Historic Buildings
    Living Downtown in Historic Buildings Urban sociologists are strong advocates for the idea that high-density residential/retail/cultural districts are essential elements for a dynamic city in the 21st century. Since Houston has always aspired to be a dynamic city, it is taking this advice seriously and developing high-density centers. Downtown Houston is becoming a popular one by recycling historic buildings as comfortable places to live. In preserving these buildings, environmental concerns are also being addressed by preventing tons of building materials from being deposited into landfills. In 1993 the concept of residential lofts was introduced by the adaptive use of two buildings. There were two apartment units created in the 1889 W. L. Foley Co. Building (214 Travis Street) while the ground floor of the former dry goods store continued to be used for commercial ventures. Dakota Lofts (711 William Street) was carved out of the 1910 Bute Paint Co. Building, located in an area of older warehouses north of Buffalo Bayou. The Warehouse District became an artists’ haven as smaller buildings also provided housing units, such as the San Jacinto Lofts (915 N. San Jacinto Street) that were built into a 1914 warehouse. In 1995 the 1921 Hogg Building was redeveloped into Hogg Palace (401 Louisiana Street). With 80 units topped by a penthouse and rooftop garden, it was the largest adaptive re-use accomplished H ermann Lofts during these early years. In 1997 a long-awaited conversion occurred when the 1913 Rice Hotel—a legendary Houston establishment—was transformed into the Post Rice Lofts (909 Texas Avenue), containing 312 rental units.
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  • One Allen Center Tunnel Space Downtown Houston, Tx
    ONE ALLEN CENTER TUNNEL SPACE DOWNTOWN HOUSTON, TX CRYSTAL ALLEN KIM BERNICK Managing Director Vice President 713.270.3360 713.270.3330 [email protected] [email protected] CLEVELAND CONROE TODD MISSION GRANGERLAND 45 SPLENDORA PROPERTY INFORMATION EGYPT MAGNOLIA › The downtown tunnels service 150,000 daytime PINEHURST THE employees WOODLANDS JUFSMITH › Located in newly renovated food court within the PORTER TOMBALL West Dallas Tunnel SPRING 249 59 99 EASTGATE KINGWOOD › Allen Center has 3.2 Million SF of office space with HOCKLEY GEORGE BUSH 5,845 employees INTERCONTINENTAL HUFFMAN AIRORT ATASCOCITA 290 HUMBLE › Direct access from One Allen Center, Two Allen 249 Center, Three Allen Center, 1400 Smith, and WILLOWBROOK 8 Heritage Plaza office buildings ALDINE 59 CROSBY › Co-tenants include: Chick-fil-a, Jimmy Johns, JERSEY VILLAGE Salata, Snap Kitchen, Super Cuts, Just Falafel, SHELDON 90 45 Fresh Healthy Cafe, Haute Crepe, Gigi’s cupcakes, NORTHWEST Ono Poke and Leaf & Grain HOUSTON HIGHLANDS 8 KATY ENERGY 10 10 CORRIDOR 10 99 610 CINCO RANCH HOUSTON BAYTOWN POPULATION 59 MISSION BEND 610 PASADENA HOBBY 1 Mile 3 Miles 5 Miles AIRPORT 6 LA PORTE MEADOWS 90 SOUTH 19,364 183,686 425,114 PLACE 288 HOUSTON Bush SUGAR LAND 1960 Intercontinental 249 Airport 290 8 DAYTIME POPULATION RICHMOND PEARLAND SEABROOK ROSENBERG GREATWOOD 1 Mile 3 Miles 5 Miles 59 FRESNO KEMAH 610 FRIENDSWOOD 197,244 461,343 881,956 10 LEAGUE CITY PLEAK SIENNA 146 6 PLANTATION Hobby 45 MANVEL Airport AVERAGE HH INCOME 8 FAIRCHILDS ALVIN 59 288 1 Mile 3 Miles 5 Miles HILLCREST SANDY 288 6 $117,729 $108,240 $105,240 45 POINT LOCHRIDGE ROSHARON HITCHCOCK 1900 West Loop South | Suite 1300 | Houston, TX 77027 Join Our Check Out More T 713.270.7700 F 713.270.6285 | www.transwestern.com Mailing List Retail Listings SITE PLAN NO.6 AVAILABLE 541 RSF 1,533 RSF 328 RSF AVAILABLE 870 RSF 855 RSF AVAILABLE 1,201 RSF 1,241 RSF AVAILABLE 1,769 RSF FRT ELEV NO.3 712 RSF AVAILABLE 776 RSF 844 RSF ELEV.
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  • Download Flyer
    LOCATION THE WOODLANDS 69 THE LOCATION. TOMBALL KINGWOOD SPRING DOWNTOWN HOUSTON. 249 290 IAH 45 ATASCOCITA 59 CYPRESS HUMBLE 15 mins The Heights 4.7 miles 28 mins Sugar Land 20.7 miles 13 mins River Oaks 5 miles 35 mins Port of Houston 27.2 miles JERSEY VILLAGE BAYTOWN 16 mins West University Place 7.7 miles 30 mins Baybrook 21.9 miles 69 90 24 mins Memorial 15.9 miles 33 mins Katy 29 miles 6 610 CHANNELVIEW THE 10 HEIGHTS KATY MEMORIAL 10 15 mins The Galleria 8 miles 33 mins Cypress 27.5 miles TANGLEWOOD RIVER DOWNTOWN PORT OF THE OAKS HOUSTON GALLERIA 17 mins Tanglewood 8.9 miles 33 mins The Woodlands 30.3 miles WEST UNIVERSITY THE BELLAIRE PLACE MEDICAL 225 59 CENTER DEER PARK 18 mins The Medical Center 5.6 miles 37 mins Kingwood 28.8 miles 610 HOBBY 99 AIRPORT 25 mins Hobby Airport 11 miles PASADENA STAFFORD George Bush Intercontinental 90 SUGAR LAND 28 mins 21.4 miles Airport (IAH) MISSOURI CITY 45 69 GREATWOOD PEARLAND FRESNO 288 FRIENDSWOOD LEAGUE CITY 35 ICONIC. EVEN AMONG ICONS. 150,000 MAJOR EMPLOYERS 75,000 Employees Work Downtown Residents Currently Live in Greater Downtown 220,000 People Visit Downtown on a Daily Basis 7, 7 78 Existing Hotel Keys 11 Million People Attend Downtown Houston Culture 22 & Entertainment Attractions Annually Hotels 43.7 million 1.2 million SF of Existing Office Space People Stay in Downtown Houston Hotels Annually THE WOODLANDS 69 TOMBALL KINGWOOD SPRING 249 290 IAH 45 ATASCOCITA 59 CYPRESS HUMBLE JERSEY VILLAGE BAYTOWN DEMOGRAPHIC SUMMARY.
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  • Kick-Off Meeting Schedule & Abstract Book
    Kick-Off Meeting October 7 - 8, 2011 ~ Rice University ~ Houston, TX USA 4 Welcome Statement 5 TeraNano PIRE PI & Co-PIs 6 PIRE Research Personnel - U.S. 7 PIRE Research Personnel - Japan 9 Research Collaborators - Japan 10 Research Collaborators - Other 11 TeraNano PIRE Advisory Board 12 TeraNano PIRE Education Team 13 Government Representatives 14 Graduate Students & Post-Docs - U.S. 16 Graduate Students & Post-Docs - Japan 17 NanoJapan Program Alumni 20 Meeting Schedule At A Glance 21 Rice University Map 22 Meeting Schedule - Friday, October 7 26 Meeting Schedule - Saturday, October 8 29 Poster Abstracts 69 Lab Overviews 71 Arrival & Hotel Information 75 Houston Information & Recommendations 4 / Welcome Statement Welcome to the TeraNano PIRE Kick-Off Meeting! We are honored that so many of our distinguished colleagues from the U.S., Japan, and Europe have been able to join us for this meeting. Headquartered at Rice University, the TeraNano PIRE Center is a renewal award through the National Science Foundation’s Partnerships for International Research and Education (PIRE) Program (OISE- 0968405). This grant is a continuation of our successful PIRE I award (OISE-0530220) that has sup- ported our research and education programs since 2006. Our renewal grant supports the expansion of a unique interdisciplinary U.S.-Japan research and education partnership focused on terahertz (THz) dynamics in nanostructures (TeraNano). By combining THz technology and nanotechnology, we can advance our understanding of THz physics while improving and developing THz devices. New discov- eries provide insight into the possibilities for novel electronic, photonic, mechanical, and magnetic de- vices that have huge potential for future technological applications including communications, medicine and computation.
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  • Preston the Bayou City
    THE PRESTON THE BAYOU CITY The nine-county Houston metro area covers more than 9,400 squares miles along the Gulf Coast region in Southeast Texas. Houston is considered by many to be the Energy Capital of the world. Houston has a highly diversified industry base and is a leader in numerous industries including oil and gas, healthcare, manufacturing and trade. It is a dynamic, international city offering a low cost of living and high quality of life for residents. The metro is attractive to new business with its highly skilled work force, growing sustainability efforts and thriving economy. The metro is a beacon of economic strength with the Port of Houston, Texas Medical Center and two major passenger/cargo airports located in the greater Houston area. In addition to a healthy business environment, Houston is home to multiple professional sports teams, world-class museums, year-round performance arts, a thriving restaurant scene and a variety of outdoor recreational opportunities. 4th 5th Most Populous City Largest Metro 7 300 Million People Living in Thousand New Residents Metro Gained 2017-2019 Elysian Viaduct Sterrett William Street 1318 Studios RicheyNance McKee William Street Lofts Sterrett Walnut Sterrett Dakota Street Lofts Townhomes N. San Jacinto Mother Dog University of Studios Houston James Bute Park Downtown Houston Vine Street Studios Studios Metro Police Wood Headquarters College of Sciences San Jacinto Lofts/ and Technology (UC) White Oak Lofts Runnels Champoinship Park Girard University of Baker Houston Harris County Downtown
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  • Preston the Bayou City
    THE PRESTON THE BAYOU CITY The nine-county Houston metro area covers more than 9,400 squares miles along the Gulf Coast region in Southeast Texas. Houston is considered by many to be the Energy Capital of the world. Houston has a highly diversified industry base and is a leader in numerous industries including oil and gas, healthcare, manufacturing and trade. It is a dynamic, international city offering a low cost of living and high quality of life for residents. The metro is attractive to new business with its highly skilled work force, growing sustainability efforts and thriving economy. The metro is a beacon of economic strength with the Port of Houston, Texas Medical Center and two major passenger/cargo airports located in the greater Houston area. In addition to a healthy business environment, Houston is home to multiple professional sports teams, world-class museums, year-round performance arts, a thriving restaurant scene and a variety of outdoor recreational opportunities. 4th 5th Most Populous City Largest Metro 7.1 1.28 Million People Living in Million New Residents Metro Gained 2010-2019 Elysian Viaduct Sterrett William Street 1318 Studios RicheyNance McKee William Street Lofts Sterrett Walnut Sterrett Dakota Street Lofts Townhomes N. San Jacinto Mother Dog University of Studios Houston James Bute Park Downtown Houston Vine Street Studios Studios Metro Police Wood Headquarters College of Sciences San Jacinto Lofts/ and Technology (UC) White Oak Lofts Runnels Champoinship Park Girard University of Baker Houston Harris County
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  • Houston Loft Packet
    Downtown / Midtown Lofts & Condos Paige Martin Broker Associate Keller Williams Realty 713-384-5177 [email protected] Benefits Of Loft & Downtown Condo Living 1. Over 75 restaurants, shops, theaters and entertainment venues within a few blocks. Downtown residents have easy access to the 2nd largest theater district in the US, Market Square Park, Minute Maid Field, Discovery Green, Toyota Center and so much more. In addition, over 20 restaurants & bars opened within the last few years, offering a wide variety of food, drink and entertainment options - all within a few blocks. 2. Short & easy commute to Houston’s largest employment center. Downtown has more than 150,000 workers employed by 3,500 businesses. Major employers include Chevron, JPMorgan Chase, and Shell Oil. Living within a few blocks from work can shorten a lengthy commute to a quick, daily stroll. 3. No yard work. Easy maintenance. More amenities. Tired of mowing the lawn, trimming the trees or keeping up the exterior of a house? Loft & condo residents have a much easier and maintenance free lifestyle. Many loft & condo buildings also have fitness rooms, rooftop decks, pools & more amenities. 4. Easy to “lock and leave” for people on the go. Do you travel a lot? Worried about leaving your residence while you’re out of town? Living in a highrise makes it easy. Many buildings have security, staff and secured access - giving peace of mind for frequent travelers. f ONE OF HOUSTON’S TOP RANKED REALTORS Paige Martin | 713-384-5177 | Broker Associate, Keller Williams Realty | [email protected] Paige Martin HoustonTexasRealtor Broker Associate, Keller Williams Realty 713-384-5177 Paige.M.Martin [email protected] HoustonPaige Downtown Lofts & Condo Map Legend 1.
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  • Downtown at a Glance (June 2019)
    JUNE 2019 DOWNTOWN AT A GLANCE CENTRAL HOUSTON & DOWNTOWN DISTRICT DOWNTOWN AT A GLANCE JUNE 2019 3 Overview 5 Living 13 Office Market & Employment 18 Hospitality, Tourism, Culture & Entertainment 21 Restaurants & Retail 23 Transit *This report is updated biannually. Cover: Downtown Skyline downtowndistrict.org | 2019 2 DOWNTOWN AT A GLANCE Downtown Houston Overview Saint Arnold Beer Garden An eclectic mix of historic and contemporary infrastructure, convenient transit options, convention and sports venues, an active cultural and arts scene, fine dining and shopping, and thriving residential communities, Downtown Houston is one of the region’s most dynamic and vibrant mixed-use urban centers. business location, where they can draw from its pool of highly educated workers, and leverage its competitive 157,906 advantages such as proximity to customers, business ser- jobs vices providers, innovative office infrastructure offering the finest of amenities and multi-modal transit options. 1.84 Downtown has a wide industry mix and a collaborative, entrepreneurial and innovative environment. square miles Not only is Downtown a well-established and con- stantly evolving business center, the apartment and The Downtown Core measures 1.84 square miles, condo boom that has characterized the urban core for bounded by Interstate I-10 on the north, U.S. 59 on the the last five years makes it one of the fastest growing east and I-45 on the south and west, and has the largest residential neighborhoods in the region. Over the past concentration of employment in the region, with an esti- two decades, more than $9 billion in public and pri- mated 158,000 jobs.
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  • Immigration Through Investment
    IMMIGRATION THROUGH INVESTMENT THROUGH IMMIGRATION HOUSTON INVEST DOWNTOWN INVEST PROJECT SUMMARY HOUSTON The project will consist of approximately 240 units in an 8-story building. The plan comprises 3 floors of parking with 5 floors of residential units above. The project site is an entire Downtown Houston city block, Block 384, consisting of 62,500 square feet, or 1.4348 acres. The project is being developed in partnership with Allied Realty, a Houston based multifamily developer founded in 1985. Downtown Houston has implemented a tax incentive program to encourage residential development of the Downtown area of Houston. The project is eligible for the program and has been approved by the Downtown Living Initiative board. The program will provide reimbursement of 75% of the increase in property tax revenue associated with the development up to $15,000 a unit. PROPERTY LOCATION The site is located in Downtown Houston near the northwest intersection of I-45 & Hwy 59. The site is within close proximity to the Toyota Center, BBVA Compass Stadium, Minute Maid Park, Theater District and all of the downtown entertainment and hospitality venues. With over 800 million dollars in commercial development to be completed by 2017, the current residential unit capacity in downtown will fall short of satisfying the ever-growing demand. For this reason the City of Houston is welcoming needed residential projects like Block 384. EB5 INVESTMENT Job Creation: Our economists have determined that 319 jobs will be created for this project. The economic impacts were derived using RIMS II Houston final demand and direct effect multipliers. This is sufficient to meet the EB5 investor jobs requirement and provides a very safe 32.9% cushion for job creation, as we are only requiring 240 jobs for this project.
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