Fein has purchased 21.4 acres at 2002 Spring Stuebner Road in north Houston’s City Place from CDC Houston, a subsidiary of Coventry Development Corporation, New York and the master developer of City Place.
Plans have been approved for Fein’s fourth City Place multifamily development, Echo Lake, and structure is expected to begin later this year.
The name of a 1. 25-acre lake with a trail formula that will serve as the focal point for the 326-unit project, the sumptuous garden-style assets designed through the Steinberg Dickey Collaborative to achieve the National Green Green Building Standard Silver (NGBS) designation. Echo Lake will feature elevations of two and three stories and will offer a variety of effective buildings, as well as one-, two- and three-bedroom apartments, ranging in length from 556 square feet to 1,824 square feet. Approximately 40 consistent with 100% of the complexes will consist of one- to three-bedroom townhomes with garages.
Located directly across from Spring Stuebner from a new destination retail supermarket, Bass Pro Shops, which will debut in 2024, the site is bounded by The Canopy, a 332-unit garden-style asset completed by Fein in early 2021, and The Market, a popular lifestyle rooted in Kroger that citizens will have direct access to on foot.
Echo Lake is also located near City Place Nature Preserve and a network of hiking and biking trails, a 60-acre urban core with more dining and entertainment offerings, including 24 Hour Fitness Spring Energy and Star Cinema Grill, a programmed. gym, plaza and waterfront park, as well as major employers including ExxonMobil, Hewlett Packard Enterprise, HP Inc. , ABS, Southwestern Energy, St. John’s, St. John’Luke’s Health – Springwoods Village Hospital and Kelsey-Seybold.
In addition to The Canopy, Fein’s contributions to City Place include The Mark, located at 1600 Springwoods Plaza Drive and featuring 268-units in a six-story concrete and steel wrap, plus The Belvedere at 2323 East Mossy Oaks Road with 342-units in a five-story wood frame wrap.
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