Real Estate

October 27, 2014

StreetLights Residential (SLR) recently broke ground on a new 20-story high-rise development The Carter. Sitting on nearly 2 acres, the project site is just off Chelsea Blvd., between Montrose and Travis St. in the Houston Museum District. The development is ideally located just minutes away from Midtown and Downtown Houston, the Medical Center, Rice University and Herman Park. 

"The Carter high-rise is a wonderful addition to the Montrose area's rapidly growing population with its close proximity to several of Houston's main attractions," said SLR CEO Doug Chesnut.  "We pride ourselves on creating a luxury, hotel-like environment with each of our projects, and we believe the high-end amenities and multiple living options in this development achieve that vision. The Museum District is rich in culture and the arts, and we are certain the future residents are going to enjoy the neighborhood."

Designed by Gromatzky Dupree & Associates (GDA), the luxury high-rise will be comprised of 305 units with one-, two- and three-bedroom floor plans in addition to townhouse and penthouse options with great views of downtown Houston. Residents will enjoy spacious floor plans complete with 10-foot ceilings, Salto Keyless entry systems, "sound system ready" units with built-in speakers, stone countertops, stainless steel appliances and gourmet prep islands. Additional luxury amenities include a resort-style pool with multiple lounge areas and fire pits, a 19th floor lounge with kitchen, dining and entertainment areas, a private game room, fitness center, resident lobby bar and lounge, outdoor covered dog park, Wi-Fi throughout common areas, private garages and garage parking with electric car charging stations. 

The interiors are also being designed by GDA, and the landscape will be designed by Lynda Tycher & Associates. SLR Texas Construction is serving as the general contractor. The Carter is expected to deliver its first units in early 2016, with project completion slated for late 2017.

About StreetLights Residential

StreetLights Residential specializes in high-end, new urbanist apartment homes and mixed-use developments. Our business plan focuses on building around the highest home prices (price per square foot).  With our in-house development, design, and construction expertise, the StreetLights team focuses on custom luxury communities which rival the experience, lifestyle, and amenities of living in an urban boutique hotel.  Almost three years ago, StreetLights Residential was started by several of the senior investment officers from Gables Residential. Today we have over 80 employees in our development and construction companies with over a billion in our pipeline with offices in Dallas, Austin, Houston and San Diego. 

About SLR Texas Construction

SLR Texas Construction was formed in 2011, with regional offices in Dallas, Austin and Houston.  The core leadership of SLR Texas Construction has worked together for 15+ years and has completed several thousands of units ranging in product type from suburban stick product to high-rise luxury multi-family.  The group prides itself on being able to successfully implement complicated urban, high density projects.