Thursday, March 17, 2016
Simpson Property Group
FOR IMMEDIATE RELEASE
SIMPSON PROPERTY GROUP OPENS DISTRICT AT MEMORIAL LEASING CENTER;
MID-RISE APARTMENT BUILDING NEAR CITYCENTRE TO DEBUT IN SPRING
Ground Breaking Location Across Interstate 10 from Memorial City Introduces Amenity-Laden Offering
HOUSTON, TX – March 17, 2016 – District at Memorial has opened its leasing center for the building’s spring debut. The five-story, 327-apartment community, located at 10300 Katy Freeway, is the third District-branded property in Houston. The project is being developed by Kaplan Management Company and operated by Simpson Property Group, which has received the sought-after National Multifamily Customer Service “A List” Award for Excellence in Customer Service for the past 13 years.
District at Memorial is part of a renaissance along the westbound stretch of I-10 between Gessner and Beltway 8, a value-added U-turn from the bustling heart of CITYCENTRE. Nearby projects include the construction of a 240,000-square-foot office building on an 18-acre tract, where MetroNational is expanding the Memorial City footprint north.
While residents will enjoy the proximity to key business districts, an incredible array of premier retail, dining and entertainment options, they will do so with more ease. This is perfect for those that want to live near the action and not in the middle of it. District at Memorial offers studios at just under 600 square feet, priced from $1,210 per month, to three-bedroom, two-bath homes with nearly 1,400 square feet of living space starting at $2,730. Fifteen-month leases will be rewarded with two months of free rent.
A lucky few can acclimate to their new lifestyle immediately with move-in gifts from nearby businesses that include a certificate for Fleming’s Prime Steakhouse & Wine Bar at Town & Country Village and a month-long membership to The Marque, a premier CITYCENTRE social club featuring a tequila library, wine cellar and the city’s only indoor cigar bar.
Designed in a transitional style with light-filled interiors with high ceilings and contemporary, upscale finishes, the pet-friendly community indulges with amenities geared toward a wide variety of lifestyles.
Open floorplans showcase gourmet kitchens with stainless steel appliances, shaker-style cabinets in an espresso finish with under cabinet lighting, granite countertops, subway tile backsplashes and generous islands. Large bedrooms feature oversized bathrooms with tile showers, separate garden tubs and walk-in closets. Additional highlights include reclaimed-style flooring, solar shades, washers and dryers and ceiling fans. Most homes have large balconies and double vanities.
Among the numerous amenity areas – fanning two stories off the lobby and providing additional space for residents to work, mingle and host events – are a Wi-Fi lounge with computer niches, executive conference room with A/V capabilities, game room with billiards and poker tables, multi-media theater room, two-story fitness center with spin station and resident lounge with demonstration kitchen, private dining and terrace. Two courtyards incorporate extensive landscaping, outdoor cooking areas and fire or water features. An onsite pet park, rooftop pool with sun shelves and 24/7 automated package storage & retrieval system further differentiate District at Memorial.
For additional information, visit DistrictAtMemorial.com, call 844-515-5261 or email DistrictAtMemorial@simpsonhousing.com. Leasing office hours are Monday through Friday from 9 am until 6 pm, Saturday from 10 am until 5 pm and Sunday from 10 am until 5pm.
About Simpson Housing
Simpson Housing LLLP is a national, fully-integrated real estate development and portfolio management firm. Primarily focused on the multifamily market, Simpson builds and operates high-quality, residential communities throughout the United States. As one of the largest privately held residential developers and managers in the nation, it is organized to deliver a comprehensive range of real estate services – including development, property management, construction, acquisition, marketing and financing.
About Simpson Property Group
SIMPSON PROPERTY GROUP® (SPG) is a wholly owned subsidiary of SIMPSON HOUSING® (SHLP®). Headquartered in Denver, Colorado, SPG is a fully integrated real estate firm providing services in multifamily and commercial property management, development and construction. Established in 1948, SHLP builds and operates high quality, residential communities throughout the United States. As one of the largest privately held residential developers and managers in the nation, it operates communities throughout the U.S. and continues to expand.
About Kaplan Family of Companies
The Kaplan Family of Companies - Kaplan Management Company, Kaplan Construction Group, Kaplan Development, and Kaplan Acquisitions - are operators, owners, and developers of multi-family properties. Headquartered in Houston, Texas, Kaplan has managed, owned, renovated, and developed multi-family projects through the United States, continuing to remain a significant presence in the markets where we operate.
Kaplan Management Co., Inc. was formed in 1978 to offer fee management services for owners of multi-family properties, shopping centers, and office buildings. Kaplan began to dramatically grow and by 1986, fee managing 12,000 multi-family units and 2,500,000 square feet of office and commercial space. By the 1990s, Kaplan became a principal investor in multi-family residential properties and quickly began to focus on existing property acquisitions, both value-add and core properties. Starting in late 2004, Kaplan resumed ground up development in the Sun Belt states with high net worth partners and institutions. Since then, Kaplan has fee managed up to 20,000 units, developed 4,000 units in 12 cities in the Sunbelt states, and acquired 1,000 units for repositioning and rehabilitation, totaling $1,367,000,000 in transactional value.
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