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Realty News Report Awards: The Best Residential Project of the Year

Ralph Bivins’ Realty News Report Awards – The Best of Houston 2015

Realty News Report editor Ralph Bivins has selected the most significant projects, deals and ideas of the Houston real estate market for 2015. These aren’t necessarily the largest or the first. But the deals point to future trends, potential gold mines, noble visions and notable accomplishments by the smart professionals who are making them happen.

Ralph Bivins’ Realty News Report Awards – The Best of Houston 2015:

Realty News Report Award for:

The pool area at Somerset Green, a new Hines community in Houston.

The pool area at Somerset Green, a new Hines community in Houston.

Best Residential Project of the Year – Working in its hometown, the Hines international real estate development firm, located a 46-acre tract of land inside 610 Loop on Old Katy Road for its Somerset Green community.

The gated community will have 500 townhomes priced above $500,000. The European-style neighborhood – Preston Wood & Associates is the land planner – has impressive water features and canals. Also worthy of note: with Somerset Green, Hines has put its stamp of approval on the Old Katy Road area which has potential for more dense development.

 

ANNOUNCING THE 2015 REALTY NEWS REPORT AWARDS

Visionary of the Year – UT System Chancellor William McRaven

Best Construction Project of the Year – Daikin Industries

Best Retail Deal of the Year – San Jacinto Mall/Fidelis

Best Redevelopment Deal of the Year – Downtown Post Office/Lovett

Best Substitution of the Year – Lionstone/GreenStreet

Best Hotel Project of the Year – Aloft/Historic Stowers Building Redevelopment

Best Industrial Project of the Year – Clay Development

Best Residential Project of the Year – Hines/Somerset Green

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