Perched atop a hill near downtown Houston, the Gables Memorial Hills residential tower will rise to eight stories and cover 2.68 acres. With an average unit size of 965 sf, the brick and cast-stone complex will consist of 70% one-bedroom units and 30% two-bedroom units, some of which overlook downtown. Ziegler Cooper Architects gave the building a curved form that breaks up the long mass of the façade, which is clad in contrasting brick colors and complemented by split-face block on the first two floors.
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Multifamily fundamentals continued to soften and impact rents last month, according to the latest Yardi Matrix National Multifamily Report. The average U.S. asking rent dropped $3 to $1,718 in October, with year-over-year growth moderating to 0.4%, down 40 basis points from September. Occupancy slid to 94.9%, marking the first decline in four months.
Industrial Facilities | Nov 14, 2023
Some AEC firms are plugging into EV charging market
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MFPRO+ Special Reports | Nov 14, 2023
Register today! Key trends in the multifamily housing market for 2024 - BD+C Live Webinar
Join the BD+C and Multifamily Pro+ editorial team for this live webinar on key trends and innovations in the $110 billion U.S. multifamily housing market. A trio of multifamily design and construction experts will present their latest projects, trends, innovations, and data/research on the three primary multifamily sub-sectors: rental housing, senior living, and student housing.
Multifamily Housing | Nov 9, 2023
Multifamily project completions forecast to slow starting 2026
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Washington, D.C., Queens, N.Y., lead nation in number of new apartments by zip code
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Adaptive Reuse | Nov 1, 2023
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Sponsored | MFPRO+ Course | Oct 30, 2023
For the Multifamily Sector, Product Innovations Boost Design and Construction Success
This course covers emerging trends in exterior design and products/systems selection in the low- and mid-rise market-rate and luxury multifamily rental market. Topics include facade design, cladding material trends, fenestration trends/innovations, indoor/outdoor connection, and rooftop spaces.
MFPRO+ Special Reports | Oct 27, 2023
Download the 2023 Multifamily Annual Report
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Mass Timber | Oct 27, 2023
Five winners selected for $2 million Mass Timber Competition
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