Developers of a new 43-story skyscraper rising in downtown Houston reveal details of the luxury apartment project set to further transform the area around Discovery Green Park.

High Street Residential, a subsidiary of prominent Dallas-based real estate firm Trammell Crow, is releasing new interior renderings of luxury apartments, new branding and a timeline for when construction will be complete. High Street broke ground for construction in the summer of 2020.

The tower previously known as Block 98 has been renamed Parkside Residences, a nod to the project’s location near the popular 12-acre city park.

Arches Construction contractors have completed the tower, which means the structure has reached its highest point at 470 feet tall.

High Street Residential plans to begin pre-letting the skyscraper in the spring of 2022. Residents are expected to begin moving into the first units this summer, and construction is expected to be complete on the entire tower in the summer of 2023.

The 309-unit tower will attract new tenants who will add to the growing downtown Houston residential base that has developed over the past two decades.

Historically, downtown looked like a ghost town after 5 p.m. on weekdays. But in 2014, Houston city planners approved a program that offered to reimburse developers up to $15,000 per apartment they built downtown, according to previous news reports. This helped drive the growth of residential projects, followed by retail, restaurants and bars.

Today, about 10,000 people live downtown, up from about 2,054 people in 2000, according to a study by the nonprofit economic development group Central Houston. The group anticipates further growth in the downtown population this year with the delivery of approximately 1,300 residential units downtown.

In addition to High Street Residential’s Parkside Residences tower, Houston developer Hines is also making progress on Brava, a 46-story apartment tower across from the new Texas Tower office project. The 373-unit Hines Tower is expected to be delivered by Q3 2022.

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Near the High Street Residential project, Skanska USA is building the 1550 on the Green office tower, which is expected to be the first piece of a larger mixed-use neighborhood that could eventually encompass more residential space. Skanska has yet to announce firm plans for this mixed-use neighborhood, called Discovery West.

High Street Residential is betting that its proximity to the park with sweeping downtown views, luxurious design and connection to the downtown tunnel system will help it stand out among new apartment projects in the region.

“The location adjacent to Discovery Green provides walking access to sporting venues, restaurants and entertainment, as well as downtown office buildings. In addition, all units have an exceptional view of the skyscrapers. We are the only residential tower with an internal connection to Houston’s tunnel and gateway system – convenient connectivity to millions of square feet of office and retail space,” said Yewande Fapohunda of High Street Residential, in an email.

Parkside Residences will offer a mix of studio, one-, two-, and three-bedroom apartments, including two-story corner lofts with upgraded finishes on select levels of the tower.

With architecture by Ziegler Cooper Architects and interior design by Waldrop + Nichols Studio, rooms are designed with 10-foot ceilings; floor to ceiling windows; blackout blinds; chef-quality kitchens with Bosch or Thermador appliances, quartz countertops, and high-end plumbing fixtures; Made-to-measure cabinets of European manufacture; spa-like bathroom features; and spacious closets.

Residents will also have access to a host of amenities: the tallest rooftop pool in the city; a living room and a club room, with a catering kitchen; a state-of-the-art fitness center; two guest suites to accommodate short-term resident guest stays; an expansive work-from-home suite offering conference rooms and collaborative and solo work pods; and multiple outdoor seating areas with grills and views of nearby Discovery Green and the Houston CBD skyline. The building’s 43rd floor will feature 270-degree views and an impressive rooftop pool with indoor and outdoor lounge areas and a cantilevered observation deck.

“The Parkside Residences project team has created what will be a truly unique offering in Downtown Houston. The luxury skyscraper will provide residents with an elevated lifestyle through thoughtful design, high-end finishes and a collection of sought-after equipment,” Fapohunda added.

High Street Residential plans to announce rental rates for the luxury units in the spring of 2022 once they begin pre-renting, Fapohunda said.

Downtown apartments typically fetch some of the highest rental rates in the city, with average asking rates hovering around $2,400 per month, nearly double the average subway rate of $1,248 per month. according to commercial real estate data company CoStar.

For Parkside Residences, Ziegler Cooper Architects is the project architect and Andres Construction is the general contractor. Other design partners include Walter P Moore, SCA Consulting Engineers, Kudela & Weinheimer, Wylie Consulting Engineers and Waldrop + Nichols.