Houston Chronicle References CDS Study in Examination of Westchase Market

CDS Community Development Strategies

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"The Heights at Westchase, the first of three new apartment projects to open in Westchase, adds an upscale rental option to the west Houston business district..."

The Heights at Westchase, Source: The Houston Chronicle

"The Heights at Westchase and two other projects will add 827 units to Westchase and give it a total of 54 apartment complexes. Richfield Real Estate Corp., a sizable property owner in Westchase, is more than doubling the size of Portico at West8 3003 Seagler Road by adding 296 units for a total of 526 units..."

"A report commissioned by the Westchase District two years ago, before the tumble in oil prices and subsequent cutbacks at energy companies, showed the region was more than 7,000 units short of having enough Class A units to serve its workforce. That means many of the people who work in the Westchase area rent apartments elsewhere."

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