Australian-based private developer Caydon appreciates the potential in Houston’s park- and rail-friendly Midtown. Since snapping up a block for an apartment tower three years ago, the company subsequently acquired two adjacent parcels for future pieces of a mixed-use development to occupy the three blocks assembled.
The first project out of the ground, a $200 million, 27-story residential tower with ground-level retail, is Caydon’s first U.S. project. It’s also the first high-rise apartments in the chute for a redeveloping area in the urban core featuring several mid-rise residential properties.
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