October 7, 2016
Randall Davis Co. and DC Partners have begun construction on the 95-unit, 20-story Marlowe luxury condominium tower, located at 1311 Polk St. in Houston, TX.
Even as it’s coming out of the ground, Marlowe is 40% sold. The one-and-two-bedroom units average 1,200 square feet, and are priced between $375,000 and $1.5 million.
Randall Davis is using EB-5 financing through DC Partners to develop the property. The development was also approved for the Downtown Living Initiative, which awards tax breaks to residential developers building in downtown Houston.
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