Monday, November 10, 2014

The Marquette Companies Breaks Ground on Luxury Rental High Rise Catalyst in Downtown Houston, TX


Darren Sloniger
Houston, TX – Chicago-based Marquette Companies, in partnership with Hunt Companies, Inc. and affiliates of Los Angeles based-Ares Management, announced the groundbreaking of Catalyst Houston, a 28-story luxury rental building located at 1423 Texas Ave. in Houston. The building is scheduled for completion during the summer of 2016.

 Designed by Houston-based architect Ziegler Cooper, Catalyst will include 361 luxury apartment homes with one-, two- and three-bedroom units. 

Residences will include luxury features and finishes such as hardwood flooring, quartz countertops, stainless steel appliances, 10-13-foot ceilings, floor-to-ceiling windows and a private balcony or terrace. Most will also offer a view of downtown Houston and nearby Minute Maid Park.

1423 Texas Avenue, Houston, TX;
 site of  planned Catalyst Houston apartments
“We’re very pleased to be one of the first major residential developments to break ground in downtown Houston. 

"We believe it is one of the best submarkets in the U.S. right now. The opportunity here is immense,” said Darren Sloniger, president of The Marquette Companies. “Catalyst will be a beautiful, sophisticated tower that will enhance the Houston skyline.”

The development is a joint venture between The Marquette Companies, Hunt Development and affiliates of Ares Management. Pepper Lawson will serve as general contractor and U.S. Bank is providing construction financing. 

Pre-leasing is expected to begin in spring 2016.
  
For a complete copy of the company’s news release, please contact:

Vanessa Irving, virving@taylorjohnson.com, (312) 267-4525
Kim Manning, kmanning@taylorjohns.com, (312) 267-4527


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