Details
Address
12121 Greenspoint Dr, Houston, TX 77060
Units
325
Floors
10
Developer
Zieben Group
Estimated Budget
$77,000,000
Timeline
Jul 15, 2021 - The Summit at Renaissance Park, which is expected to cost $77 million, is set to be built on part of the site that currently houses the Greenspoint Mall. The development project will be placed on the southeast side of the lost, which previously housed a Sears Auto Center.
The money used to fund the loan came from a grant from the Department of Housing and Urban Development.
The Greenspoint project is expected to take two years to complete, with the goal of construction being done by the end of 2023.(Click2Houston)
Jul 20, 2021 - Houston City Council has approved $14.9 million for the development of Summit at Renaissance Park, the largest new construction of affordable apartment homes funded through the Hurricane Harvey Multifamily Program. Greenspoint was particularly hard-hit by Hurricane Harvey, and the creation of new affordable apartment homes will provide alternatives to the homes lost during the storm. In addition, Greenspoint is expected to attract private-sector investments to create new working-class jobs, green spaces, and skill-building centers; these homes will provide access to jobs and retail arriving nearby, as well as public transportation to other Houston areas. (Houstontx.gov)
