Houston Heights Tower Completes $12M Renovation
The age-restricted property has rents ranging from $435 to $566 per month, including utilities.
By Anca Gagiuc
Houston—Houston Heights Tower, an eight-story seniors living facility located at 330 W. 19th St. in Houston, has completed a $12 million renovation. The redevelopment of the 223-unit community was designed by Jim Gwin Architects, with Comanche Contractors as the general contractor. City of Houston’s Housing and Community Development Department and the Community Bank of Texas funded the upgrades.
The 1975 property comprises 167 studios, 56 one-bedroom units and a two-bedroom apartment, and serves low- to moderate-income senior adults. Rents range from $435 to $566 per month including utilities, estimated at 40 percent below the market rate. Residents must be 62 and older, active/independent and earn less that 60 percent of Houston area’s median income—$33,240 for a two-person household and $29,100 for a one-person household, annually.
“When we built Houston Heights Tower 42 years ago, The Heights was somewhat of a sleepy historic Houston neighborhood. Today, this is a truly vibrant high opportunity area that’s abuzz with retail, banks, restaurants and medical facilities,” Tom Forrester Lord, president of The Housing Corporation of Greater Houston, said in prepared remarks.
Image courtesy of Yardi Matrix