HOUSTON – (Realty News Report) – A joint venture of Matthew Morgan, Kevin Kirton and Carlos Enrique Gonzalez of Buckhead Investment Partners, and Zane Segal of Zane Segal Projects, is building Arista Riverstone, a 142-unit active adult apartment community near Sugar Land.
Located at 18401 University Blvd. in the Riverstone master-planned community on the southwest side of Houston, the multifamily residential property is designed for residents over 62 and their families.
The 4-story building, located on the last multifamily tract in Riverstone and bordered by a lake, will connect to Riverstone’s 20-mile fitness trail network.
Arista’s common area design features include controlled access, elevators, climate-controlled corridors, a fully equipped fitness and wellness center, a lap pool and outdoor living area, multiple game rooms and lounges, multiple dog parks, a dog grooming salon, a hair and nail salon, conference and craft rooms, a barista bar and demonstration kitchen, and climate-controlled storage units.
“Residents will have far more amenities at their fingertips, without the maintenance hassles and security concerns of a traditional single-family home, in a friendly boutique community environment within a short walking distance to Riverstone’s main shopping district and close to the Sugar Land campuses of the Texas Medical Center’s major healthcare institutions,” said Zane Segal.
Segal and his development partners are based in Houston.
Construction and permanent financing is being provided by Johnson Capital Multifamily, Inc., formerly Funding Incorporated, of Houston. Gonzalez Newell Bender Architects of San Antonio provided architectural design services for the project. The general contractor is Galaxy Builders, Ltd., also of San Antonio. Lease-up and management will be handled by Greystar.
Segal added that the beauty of the lake was a prime reason for purchasing the site, as well as Riverstone’s high-end demographics. “Sunset views over water are a highlight of the type of social atmosphere we intend to create,” he noted, “with a zero-entry resort-style pool, jacuzzi, gas grills and outdoor dining area, a fire pit, and bocce ball courts along the waterfront.”
Zane Segal began custom residential construction in 1978 as co-founder of The History Builders, continuing today as co-developer of The Lakes at Bay Colony, Old Seabrook Village, Westwind Landing, and Star Harbor Resort, all of which are waterfront projects in the Clear Lake area of Greater Houston totaling 330 lots, condominiums, and boat slips.
Dec. 7, 2020 Realty News Report Copyright 2020
File: Active Adult Apartment Development in Riverstone
File: (2) Matthew Morgan, Kevin Kirton, Carlos Enrique Gonzalez, Buckhead Investment Partners, Zane Segal Projects, Active Adult Apartment Development. Riverstone.