Hines, along with Cresset Wealth Advisors and Levy Family Partners, are developing The Preston, a luxury for-rent residential high-rise community in Houston.
Comprised of 373 luxury residences, the 46-story tower will stand taller than any other downtown residential community and will boast panoramic views of the Central Business District, Market Square Park, Sesquicentennial Park and Buffalo Bayou.
Floorplans will be spacious and light-filled, featuring flexible living areas, floor-to-ceiling windows, Quartz countertops, stainless-steel Bosch appliances and wide-planked wood flooring complimenting Italian-made custom cabinetry throughout.
The building’s 10 penthouse residences, on levels 44 and 45, will range in size from 1,739 to 2,927 square feet with large outdoor living rooms, freestanding bathtubs and ultra-luxurious finishes rivaling the finest of condominium residences. Select penthouses will feature outdoor kitchens with gas grills and refrigerators, and contemporary indoor fireplaces.
Amenities include a 24-hour concierge; valet parking; 46th-level sky amenity deck capturing panoramic views of the skyline with private resident dining room and catering kitchen; 10th level zero-edge pool, cabanas, daybeds, yoga lawn and private terrace; state-of-the-art gym with on-demand virtual fitness classes; coworking and conference spaces; guest suites; multiple social lounges with complimentary beverage and coffee bars; pet spa; bike shop and 6,800 square feet of curated street-level retail and restaurants onsite.
The Preston’s prime location boasts a WalkScore of 97, with more than 50 bars and restaurants, 40 million square feet of office space, and multiple cultural institutions in the immediate vicinity.
Construction will commence March 2019 with completion slated for the third quarter of 2022. Pre-leasing will begin October 2021.