Houston cos. Partner to Develop 32-story Apartment Tower Across from Hermann Park

Houston-based real estate investor Nitya Capital has partnered with Tema Development, also based in Houston, to bring another luxury apartment project to Hermann Park.

Two Hermann Place will rise 32 stories at 1661 Hermann Drive near Jackson Street in the Museum District, next to One Hermann Place and The Parklane, both of which Tema also developed. The new tower is expected to break ground in the first quarter of 2020 and be complete in the winter of 2022, according to a press release. Page, an architecture firm with an office in Houston, is listed in the release, but a general contractor on the project was not included.

Read the full story;
https://www.bizjournals.com/houston/news/2019/12/17/houston-cos-partner-to-develop-32-storyapartment.html

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