Developer: Sims Luxury Builders
Arhictect: Philip Johnson Alan Richie
Type: Residential, Condo
Location: 4906 Tilbury Drive, Uptown
Construction Timeline: Spring 2016 Start Date - Spring 2018 Completion
*Demand for condo buildings is really gaining traction here. Very exciting to see.
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Originally Posted by Houston Chronicle
Luxury builder bets high-end sales will continue to soar
In another sign that low oil prices haven't crushed demand for high-end real estate, a local builder is proposing a 16-story residential structure in the Galleria area where the most expensive units could fetch as much as $5 million.
Chris Sims, a custom home builder based in Sugar Land, is planning the new building on a tree-lined street behind Uptown Park, a high-end shopping destination off the West Loop near Post Oak Boulevard.
The new building will be called Aurora and will hold 40 units, most of which will be priced between $2 million and $2.6 million. The units will range from 3,400 to 4,000 square feet. Four two-story penthouses as large as 6,400 square feet will be priced in the $4 million to $5 million range.
Sims is buying about an acre of land at 4906 Tilbury Drive for the project, which he plans to start construction on once half the units are spoken for.
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