Wood Partners Expands its Presence in the Houston Market with the Groundbreaking of its Newest Luxury Apartment Community, Alta Cypress Springs
Wood Partners, a national multifamily real estate development firm, has announced the groundbreaking of Alta Cypress Springs, its newest luxury residential community in the thriving Houston suburb of Cypress, Texas. The community is set to open in August 2023, with the first residents arriving in June 2023.
Alta Cypress Springs, located on Fry Road just south of FM 529, will provide the ideal living space northwest of Downtown Houston, with easy access to the Grand Parkway, US 290, and I-10. Residents will have access to numerous grocery-anchored power centers, Katy Mills Mall, Typhoon Texas Waterpark, and Andretti Indoor Karting, among other things. Furthermore, the neighborhood is close to George Bush Park, Bear Creek Pioneers Park, and Cullen Park, all of which provide walking, running, biking, and other recreational opportunities. The property is located near 11 major corporate headquarters and other key employers, including Houston Methodist West Hospital, Toshiba, Shell USA, BP North America, Igloo, and Academy Sport + Outdoors.
“Wood Partners is excited to break ground on Alta Cypress Springs, which will serve as the perfect community for young professionals and families in the west Houston area.,” said Bart Barrett, Managing Director at Wood Partners. “It’s a fantastic addition to our Houston portfolio as we expand to meet the needs of the southeast Texas market.”
Alta Cypress Springs, designed by Design Balance, a boutique architectural firm based in Rockwall, Texas, will have 330 apartment homes with a mix of one-, two-, and three-bedroom floorplans. Each apartment will have high-end finishes such as stainless-steel appliances, granite countertops, tile backsplashes, 42″ cabinets, full-size washer and dryer sets, and wood-style flooring throughout the apartment, as well as reserved and carport parking spaces.
Alta Cypress Springs will feature a resort-style swimming pool, dog park, and outdoor kitchen, as well as a fitness center, clubroom, business center with a conference room, and entertainment spaces. To ensure connectivity throughout the community, all common areas will feature cutting-edge audio/visual technology, urban living design, and high-speed internet hotspots.