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More apartments, condo, boutique hotel planned for Australian developer’s Midtown Houston project

Melbourne, Australia-based Caydon released details on what else is in store for its three-block development in Midtown, across from Midtown Park.

Along with the 27-story high-rise under construction at 2850 Fannin, Caydon is planning three more apartment high-rise towers, a condo project and a boutique hotel in a mixed-use development called Laneways.

Laneways will include restaurants, green spaces and retail options designed to reflect the streets of Melbourne. Caydon will break ground in early 2020.

"We are designing a mixed-use development inspired by the iconic pedestrian Laneways in Melbourne with coffeeshops, boutiques, wellness concepts and wine bars," Joe Russo, principal of Caydon, said in an emailed statement. "Melbourne’s lanes are also home to an eclectic mix of high-rise residences and boutique hotels."

Caydon has secured about 3.5 acres of land in Midtown for Laneways over the past few years. Last summer, it closed on a 0.7-acre site at 2711 S. Main St., the current home of Art Supply on Main.

The first phase, the $200 million, 357-unit apartment project, will open by September. Caydon still hasn’t released an official name for its first stateside project, a spokeswoman confirmed.

Russo counts about 200 condo units and 200 hotel rooms in the next phase. He said Caydon plans to announce its hotel operator partner soon.

Last October, Caydon told HBJ it was eyeing the Museum District, Montrose and Midtown for future projects.