{"id":1004100731,"date":"2014-07-17T07:35:14","date_gmt":"2014-07-17T15:35:14","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=277235"},"modified":"2020-05-18T13:48:08","modified_gmt":"2020-05-18T21:48:08","slug":"woodbranch-plans-new-residential-high-rise-for-downtown-houston","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\/","title":{"rendered":"Woodbranch Plans New Residential High-Rise for Downtown Houston"},"content":{"rendered":"<p><em>By Liviu Oltean, Associate Editor<\/em><\/p>\n<p>The plethora of office projects either under construction or close to breaking ground in Houston has given real estate companies incentive to focus on more and more residential projects.  One such project is Market Square Tower, a 40-story luxury high-rise on which Woodbranch Investments Corp. plans to break ground in coming weeks.<\/p>\n<p>Market Square Tower will feature residences ranging from 550-square-foot efficiencies to 1,950-square-foot units, with a limited number of penthouses also included in the project plans.  The average layout will have approximately 1,275 square feet, with a rent of roughly $3,500, as reported by the <a href=\"https:\/\/www.houstonchronicle.com\/business\/real-estate\/article\/Record-size-residential-project-set-to-rise-5621007.php\" rel=\"nofollow\">Houston Chronicle<\/a>. According to an official statement, amenities will include a virtual golf simulator, an indoor basketball court, a screening and banquet room, and two pools \u2013 one near the bottom and one near the top of the tower.<\/p>\n<div id=\"attachment_277285\" class=\"wp-caption alignleft\" style=\"width: 210px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/07\/MST-rendering.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-277285\" title=\"MST rendering\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/07\/MST-rendering.jpg\" alt=\"\" width=\"200\" height=\"300\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Market Square Tower Rendering by Jackson &amp; Ryan Architecture, Courtesy of Woodbranch Investments Corp.<\/p>\n<\/div>\n<p>\u201cBut perhaps most unique to the Houston market,\u201d said Philip Schneidau, president of Woodbranch\u2019s Houston office, \u201cwill be Market Square Tower\u2019s wrap-around rooftop amenities, which have breathtaking panoramic vistas of the downtown Houston skyline and Buffalo Bayou Park  \u2013 all from 500 feet above street level.\u201d The rooftop amenities include a cloud lounge, sky gym, sundeck and sky pool. A portion of the sky pool is encased in glass, including the bottom, and cantilevers beyond the face of the building.<\/p>\n<p>The tower\u2019s design is being handled by Jackson &amp; Ryan Architecture, which also designed other Houston-area multifamily properties, such as Museum Tower and the Post Oak Lofts in the Galleria area.<\/p>\n<p>Located at 777 Preston, the site has been owned by Woodbranch since 1995 and is a full city block bounded by Milam, Preston, Louisiana and Congress. The tower will be in the neighborhood of another residential project expected to be completed by fall 2016 \u2013 Hines Market Square, a 33-story, 289-unit building featuring ground-floor retail and a podium garage. Another potential development in the area is International Tower, a 41-story, 750,000-square-foot office tower from Stream Realty and Essex Commercial Properties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The plethora of office projects that are either under construction or close to breaking ground in Houston has been giving incentive to real estate companies to focus on more and more residential projects.  One such project is the Market Square Tower, a 40-story luxury high-rise, set to break ground in the following weeks and developed by Woodbranch Investments Corp.<\/p>\n","protected":false},"author":1158,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,21742],"tags":[687,39438,1815],"class_list":["post-1004100731","post","type-post","status-publish","format-standard","hentry","category-houston","category-latest","tag-features","tag-houston","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Woodbranch Plans New Residential High-Rise for Downtown Houston - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Woodbranch Plans New Residential High-Rise for Downtown Houston\" \/>\n<meta property=\"og:description\" content=\"The plethora of office projects that are either under construction or close to breaking ground in Houston has been giving incentive to real estate companies to focus on more and more residential projects. One such project is the Market Square Tower, a 40-story luxury high-rise, set to break ground in the following weeks and developed by Woodbranch Investments Corp.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-07-17T15:35:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T21:48:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/07\/MST-rendering.jpg\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\\\/\"},\"author\":{\"name\":\"Liviu Oltean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"headline\":\"Woodbranch Plans New Residential High-Rise for Downtown Houston\",\"datePublished\":\"2014-07-17T15:35:14+00:00\",\"dateModified\":\"2020-05-18T21:48:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\\\/\"},\"wordCount\":347,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/07\\\/MST-rendering.jpg\",\"keywords\":[\"Features\",\"Houston\",\"National\"],\"articleSection\":[\"Houston\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/woodbranch-plans-new-residential-high-rise-for-downtown-houston\\\/\",\"name\":\"Woodbranch Plans New Residential High-Rise for Downtown Houston - 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