A 20-story, 100 residence contemporary tower with one, two, and three bedroom floor plans, located in the heart of downtown Houston. Ideally situated, Marlowe provides the very best living experience downtown Houston has to offer: professional sports venues, parks, shopping centers, restaurants all within less than 200 meters. With sophisticated finishes and a host of outstanding services and amenities, Marlowe is the pinnacle of a live, work and play lifestyle.
PWC’s annual Emerging Trends Survey rated Houston the best Real Estate Market to invest in for the year 2015, well ahead of perennial leaders New York, LA, and San Francisco. Marlowe presents a unique opportunity with 2 billion USD in new commercial development to be completed in downtown Houston by 2017, the current residential unit capacity falls short of satisfying the ever-growing demand.
The City of Houston has recognized the need for more residential units and has approved Marlowe for the downtown living incentive program which reimburses developers up to 15,000 per unit developed in downtown.
Lead by the medical, energy and manufacturing sectors Houston has created the highest number of jobs out of any U.S. city since the 2008 recession. As a result in 2014 Houston also led all U.S cities in Real GDP growth and largest numeric population growth according to the Bureau of Economic Analysis and U.S Census Bureau, respectively. It is this boom in industry and population that caused Price Waterhouse Cooper and the Urban Land Institute to rank Houston the best U.S. city for real estate investment in their 2015 annual Emerging Trends report.
Downtown lies at the heart of this growth and investment. With over 1 billion Dollars in office development to be completed by 2017, the current residential unit capacity in downtown will fall short of satisfying the ever-growing demand. For this reason the Marlowe Condominiums won’t just be a good project located in a great market, it will be a necessary project located in a great market.