FEIN Announces Luxury Multifamily Development at LaCenterra at Cinco Ranch February 7, 2014
HOUSTON (February 07, 2014) - Fein, a leader in high-end multifamily development, construction and property management, announced plans today for a new multifamily development, The Grand at LaCenterra, to be located within LaCenterra at Cinco Ranch, a 34-acre mixed use town center development located in Katy, TX.
With opening set for the 2nd quarter of 2015, The Grand at LaCenterra will be a four-
story, luxury multi-family rental community featuring 271 one-, two- and three-bedroom units, averaging 984 square feet. The property will feature expansive lake views and residents will enjoy convenient access to their cars as the development surrounds a multi-level concrete parking garage.
The Grand at LaCenterra will provide an attractive housing option to those looking to take advantage of the walkable design of LaCenterra at Cinco Ranch, the premier mixed-use town-center destination in Katy, TX with shopping, dining and entertainment for the whole family.
The Grand at LaCenterra will offer amenities such as a premier fitness facility, a yoga/training/spinning studio, a library with views of the LaCenterra lake system, conference room and a gaming/activity room. In addition, residents will enjoy a resort style pool and spa with poolside cabanas and sun shelf decks as well as a nature inspired courtyard with a reflection pond, water fountains and seating areas.
Interior unit amenities will include 10 foot ceilings, wood-style flooring, stone countertops, tile backsplashes, custom 42-inch cabinets, under cabinet lighting, stainless steel appliances, full-size washers & dryers and unlimited hot water with the TEAL system.
The Grand at LaCenterra is located within the 8,074-acre Cinco Ranch master planned community in Katy, TX, which was ranked #3 on the list of top master-planned communities in the United States in 2013. The property is situated within LaCenterra at Cinco Ranch, bordered by Cinco Ranch Blvd and The Grand Parkway. With its proximity to Interstate 10, Highway 6, Westpark Tollway, and Beltway 8, The Grand at LaCenterra provides immediate access to some of the city's largest employments centers, including the Energy Corridor, Galleria, Westchase District, and the Texas Medical Center West.
EDI-International, Inc. provided architectural services while interior design services were provided by Moore Design Group of Dallas. Westchase Construction, Ltd., an affiliate of Martin Fein Interests, Ltd. will be the general contractor for the development.
Eagle Realty Group, a real estate investment and property management company, is providing equity financing for the development while BBVA Compass Bank is providing the construction financing. Equity financing was arranged by Hal Holliday of CBRE, Inc.
About Martin Fein Interests
Founded in 1989, Martin Fein Interests, Ltd. is a regional development firm based in Houston. The company has developed approximately 12,000 luxury apartments in Houston and the Southwest region, including Denver, Tucson, San Antonio and Austin.