Wood Partners Expands Houston Footprint with Grand Opening of 330-Unit Alta Cypress Springs Upscale Apartment Community in Katy

HOUSTON, TX – National multifamily real estate development leader Wood Partners announced the grand opening of its newest luxury residential community, Alta Cypress Springs. Nestled between the flourishing areas of Katy and Cypress, Texas, suburbs of Houston, the community officially started welcoming residents in October, and leasing activities are in full swing.
Situated south of FM 529 on Fry Road, Alta Cypress Springs provides an ideal residential haven northwest of Downtown Houston, offering quick access to major routes, such as the Grand Parkway, US 290, and I-10. With the community’s prime location, residents can indulge in a diverse array of nearby retail, dining, and entertainment experiences including multiple grocery-anchored shopping centers, Katy Mills Mall, La Centerra, and Towne Lake Boardwalk.
Nature enthusiasts will appreciate Alta Cypress Springs’ proximity to George Bush Park, Bear Creek Pioneers Park, and Mason Creek Hike and Bike Trail, each offering picturesque walking, running, biking trails, and recreational spaces. The community is zoned to the acclaimed Cypress-Fairbanks Independent School District and is near 11 significant corporate headquarters and key employers, including Toshiba, Shell USA, BP North America, Igloo, Amazon, and Academy Sport + Outdoors. Additionally, Alta Cypress Springs is located minutes away from five major hospital system locations including, Houston Methodist, Memorial Hermann, Texas Children’s, MD Anderson and HCA Healthcare.
“We are pleased to announce the opening of Alta Cypress Springs, a luxury community catering to young professionals and families in the west Houston area,” said Bart Barrett, Managing Director at Wood Partners. “This addition to our Houston portfolio reflects our commitment to making first class communities in premier locations.”
Crafted by Design Balance, a boutique architectural firm based in Rockwall, Texas, Alta Cypress Springs offers 330 apartment homes featuring a variety of one-, two-, and three-bedroom floorplans. Each residence boasts upscale finishes, including stainless-steel appliances, granite countertops, designer tile backsplashes, 42″ cabinets, full-size washer and dryer sets, and wood-style flooring throughout.
Residents can take advantage of designated parking, including reserved and carport spaces. The property enhances the living experience with an array of Class A amenities, such as a resort-style swimming pool with sundeck and outdoor kitchen, as well as their own dog park. The Clubhouse features a fitness center, clubroom, and a business center complete with a conference room and entertainment spaces. Additionally, cutting-edge audio/visual technology, urban living design, and high-speed internet hotspots in all common areas will ensure seamless connectivity throughout the community.

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ECI Group Completes Sale of 318-Unit The Columns at Westchase Apartment Community Located in Houston to Mosaic Residential

HOUSTON, TX – ECI Group announced the sale of The Columns at Westchase apartments at 3354 Rogerdale Road in Houston, TX to Mosaic Residential. The 318-unit community located in the heart of Houston was built in 1999 and bought by ECI in 2018. Since 2018, ECI has completed major capital expenditures to both interiors, exteriors and community amenities.
“The ECI team is very proud of the repositioning and successful execution of our business plot at The Columns at Westchase, concluding with this successful sale,” said Scott Levitt, Chief Acquisitions Officer at ECI Group. “We look forward to making future investments in Houston and other major markets in Texas. Texas is a dynamic and growing state, and expanding our existing presence there is part of our strategic business plot.”
The Columns at Westchase apartments boast new, high-end lighting, flooring, cabinetry, granite countertops in kitchens and bathrooms, plumbing fixtures, and washers and dryers throughout 100% of the apartments. A number of units feature attached garages and/or carports.
Additionally, renovations were made to the clubhouse and leasing office, pool, fitness center, and BBQ pavilion as well as unit exteriors, roofs, and landscaping. The community is extremely well-located, proximate to Houston employment centers and retail/restaurants.
ECI extends its appreciation to David Mitchell at Newmark for their representation of the seller.

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Greystar and Partners Group Breaks Ground on 301-Unit 7340 Wisconsin Highrise Apartment Tower in Heart of Vibrant Bethesda Row Area

BETHESDA, MD – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, and Partners Group, a leading global private markets firm, acting on behalf of its clients, announced that they have broken ground on a new apartment building at 7340 Wisconsin in Bethesda.
“7340 Wisconsin Ave presents the unique opportunity to transform a forlorn site in the heart of Bethesda into a boutique project befitting of its trophy location, direct access to mass transit, top public schools and exceptional demographics.” said John Clarkson, Managing Director, Development, Greystar. “We are very fortunate to venture with Partners Group and collectively believe moving forward with our project in an uncertain environment will generate significant long-term value for the community and the partnership.”
“We are pleased to expand our relationship with Greystar, one of the country’s top developers, on this project. We look for high-conviction growth themes with best-in-class operators. The residential sector has been a core focus for us in the US, particularly high-quality assets with world-class amenities that support the resident experience,” said Jason Longo, Member of Management, Private Real Estate Americas, Partner’s Group.
Designed by Bethesda-based SK& I Architecture and New York City-based interior designer JGNA, the new community will be distinctive by design with a geometric terracotta façade and a minimalist, sculptural interior. On the unit floors, residents will experience shorter corridors and a small number of units per floor, allowing for a more intimate, boutique feel.
The 26-tale tower, including a penthouse and four levels of below-grade parking, will bring 301 residences to the area, 46 of which are Moderately Priced Dwelling Units (MPDUs). Apartments will be available in studios, one-, two- and three-bedroom layouts with penthouse units on the upper floors, some of which have direct elevator entry. Other unique unit features include separate cooktops and ovens, curated finishes, and keyless entry.
Amenities for the residents will include a speakeasy, rooftop pool, screening room, work from home multi-use spaces, fitness center, and 24-hour concierge. The apartment building will also have retail located on the first floor of the building.
The location is steps away from many Bethesda shopping, dining and entertainment options, including vibrant Bethesda Row. The Bethesda Metro stations for the red line and future purple line are both about a block away, providing simple access to the greater DMV area and all of its offerings, including Reagan National and Dulles airports.
The first units are projected to deliver in Q4 2025 with final completion in early 2026.

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