Press Release | 12.16.2014
Midway has announced plans to develop Memorial Green – a 14.35-acre mixed-use community nestled within the distinguished neighborhood of Memorial on the west side of Houston.
Features to the project include 57 of the city’s most luxurious urban homes, gated community parks and a central green plaza, 47,000 square feet of Class-A office space, with additional space for ground-level boutique retail and restaurant establishments, and a six-story multifamily residential building that will house 250 flats. The end result will be a community wrapped in distinctive architecture, sleek finishes and luxurious amenities.
The addition of Memorial Green comes at a time when demand for quality office and residential communities continues to grow in Houston, particularly areas along the city’s Energy Corridor. Memorial Green will be located at 12601 Memorial Drive, across from Lantern Lane Shopping Center.
“As lifestyle habits continue to evolve, we’ve found that people are opting to live and work in an area that allows for a more walkable way of life, as well as easy accessibility to their favorite shops or entertainment spots,” says Jonathan Brinsden, Midway’s Chief Executive Officer. “What will make Memorial Green one of the most desirable places to reside and visit is its ability to provide all conveniences of an urban environment, but still maintaining the close-knit feel that comes with being in a neighborhood like Memorial.”
Memorial Green will offer an exclusive gated community with 57 single-family homes, averaging between 3,000-5,000 square feet, centered around a tranquil park. These two and three-story homes will range in pricing from $1-2M+ and include features such as premium finishes, generous living spaces, smart home technology, high-energy efficiency, extensive green space and a lock-and-leave lifestyle. Homes in this mixed-use development offer a modern, yet relaxing retreat that’s nestled in the heart of Memorial and surrounded by other established residential communities within the Spring Branch Independent School District.
A collection of premiere custom home builders will be available to work with individual homeowners. Among these are Jeff Paul Custom Homes, McCollum Custom Homes and Pelican Builders, Inc. With more than 30 years of experience building estate homes in the Houston area, Jeff Paul Custom Homes brings an unmatched elegance in architectural style and a passion for detail to Memorial Green. Since 2004, McCollum Custom Homes has established itself as a premium custom home builder. The name has become synonymous with timeless style, fine craftsmanship and attention to detail in every home. Further, Pelican Builders, Inc. is a premiere residential developer consisting of high-end gated patio homes, mid-rise and high-rise communities. Pelican Builders, a pioneer of high-rise living and gated communities, also brings more than 30 years of experience in Houston to the community.
Additionally, Midway has selected Heritage Texas Properties – Houston's largest independent residential real estate brokerage firm and a charter member of Leading Real Estate Companies of the World – to serve as Memorial Green’s Exclusive Residential Marketing Broker. Leading Memorial Green’s marketing effort will be Heritage Texas Properties Director of Sales Kim Whaley.
“Buyers in Houston are interested in modern living environments that create a synergy between home, work and play,” said Whaley. “We’re confident that Memorial Green offers the connections and aesthetics families are looking for, and are excited to represent the development’s residential sales and marketing efforts.”
Memorial Green also features a compelling suite of professional office options in one of Houston’s largest business zip codes. Its ideal location offers 47,000 square feet of Class-A office space boasting 10’ floor to ceiling windows, a stone and glass ground floor lobby and covered garage access. The ground level will host 28,000 square feet of boutique retail and restaurant space, consisting of a thoughtful mix of local and regional offerings. Inviting patios will border the green plaza, providing the walk-up charm of an established urban neighborhood, as well as convenience for residents.
Memorial Green’s multifamily residential building – 250 flats designed by Munoz + Albin – provides six-levels of spectacular views above the area’s lush thick treetops. Residents will find open floor plans with abundant natural light, designer finishes and fixtures, along with a state-of-the-art fitness facility and luxury pool.
Memorial Green will be completed in the summer of 2016.
For more information on Memorial Green or to learn more about other Midway projects, visit memorial-green.com and midwaycompanies.com.
Houston-based Midway is a privately owned, fully integrated real estate investment and development firm that has provided the highest level of quality, service and value to its clients and investors for more than 46 years. The Midway portfolio of projects completed and/or underway consists of approximately 42 million square feet of properties in 23 states and Northern Mexico ranging from office and industrial facilities, corporate headquarters, mixed-use centers, business and industrial parks, medical facilities, manufacturing facilities, and master-planned resort and residential communities. Since its inception in 1968, Midway has created projects of distinction, aesthetic relevance and enduring value for its investors, clients and local communities. For more information on Midway, visit midwaycompanies.com.