Sep 26 2006
Phillips Development & Realty and Developer Sales Group, LLC will celebrate the tower launch of Mosaic on Hermann Park Wednesday evening, Sept. 27, 2006. This marks the initial phase of vertical construction for this twin tower condominium -- the largest residential high-rise built in Houston to date.
At a ceremony held before a gathering of local officials, dignitaries and community business leaders, Mosaic executives will celebrate this launch with an illuminating lights display, symbolic of the condo's twin towers.
The Mosaic property, at 5925 Almeda Road, sits directly across from Hermann Park. With a prime location, this condominium is just a chip shot from Hermann Park golf course and a stone's throw from the Museum District and Houston's Zoo. Mosaic will anchor this growing area with walking proximity to the light rail, Rice University, The Texas Medical Center and Downtown Houston. Completion is expected for Fall 2007.
"We are pleased with the opportunity to bring this residence to such a prime location," said Ken Manfredi, Principal, Developer Sales Group, LLC. "It's refreshing to be part of a project which will transform and revitalize the Houston area."
"It's prime time that the great city of Houston is able to see a such large scale project like this. Between the medical center, proximity to downtown and the undervalued price of real estate here, it was just a matter of time," said Michael Internoscia, Principal, Developer Sales Group, LLC.
"The real unbelievable part of it all is that people from Mexico, Venezuela, and Europe, including people from cities like Miami, New York and Austin are seeing the tremendous Value ... Our phones do not stop ringing."
This twin tower high-rise includes 792 residential units with six stories of parking and 22,500 square feet of retail space on the ground floor. Residents are able to choose from a variety of loft-style plans, extended terrace or penthouse units. Residences will feature floor to ceiling windows, Mosaic glass tile backsplashes, stainless steel appliances and modern design accents.
"Our goal is to develop an innovative addition to the downtown which offers residents an upscale living experience, ample parking, retail space and a metropolitan lifestyle at their doorstep - all at a more attainable price," said Donald E. Phillips, Managing Director of Phillips Development & Realty. "We are thrilled that Houston's energetic and vibrant community is embracing this urbanite concept."
Development of Mosaic on Hermann Park has received community support from local organizations ranging from the Hermann Park Conservancy to the South Main Alliance, Texas Medical Center and the local brokerage community.