ROSENBERG, Texas – (Realty News Report) -Satya, a Houston-based commercial real estate consulting firm, announced plans for a 37-acre mixed use development with 312 apartments, retail and restaurants in the Rosenberg community on the southwest side of Houston.
The project will be located in a Qualified Opportunity Zone at the corner of Highway 36 and Highway US 59. Construction will begin summer 2022 and is slated for completion in fourth quarter of 2023.
The four-story Fairgrounds Apartments complex will offer 312-apartments ranging from 670 and 1,500 SF. The 15-acre, garden-style property will offer a wide variety of residential amenities including a dog park with wash station.
Residents will have private access to an Amazon delivery parcel with smart locks.
The remaining 17-acres consists of retail assets including: Starbucks, Harbor Freight, Whataburger, Autozone, and Arby’s/
“With The EpiCenter event and convention center opening later next year, we see a need for a mixed-use development of this caliber for the city,” said Sunny Bathija, CEO of Satya. “We look forward to announcing additional retail and restaurant openings soon.”
The project team includes owner and developer Satya, and Garcia + Associates Architect as project architect.
Satya’s local portfolio of mixed-use assets include: Moran Ranch in Montgomery County; River Gate Center and River Pointe Center in Richmond; Canyon Lakes Center in Humble; and Coles Crossing Retail in Cypress.
Satya was founded in 1999 by Sunny Bathija, Chief Executive Officer and Ameen Ali, Chief Financial Officer.
Dec. 14, 2021 Realty News Report Copyright 2021
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Satya Developing Rosenberg Project
File: Opportunity Zone. Satya Developing Rosenberg Project.