A new Ritz-Carlton Hotel & Residences is planned for 2120 Post Oak Boulevard in Houston, marking the city’s first Ritz-Carlton residences and the second such project in the metro area. The 44-story tower will include 154 hotel rooms and 114 condominiums, each starting at 2,200 square feet. Owners will have access to 27,000 square feet of exclusive amenities as well as an additional 50,000 square feet in the hotel. Pricing details have not been released.
The development is a collaboration between Deiso Moss, Cleary Interests, and Marriott International. The project revives an earlier plan by Deiso Moss for a mixed-use tower on the same site that had previously stalled after securing a $26.1 million bridge loan from Northwind Group in 2022.
Pickard Chilton and Ziegler Cooper are leading architectural design, with interiors by Rottet Studio and construction managed by Harvey Cleary. Redeavor Group is responsible for marketing, with private previews expected later this year.
Houston’s luxury condo market has seen increased activity from branded developments. Howard Hughes Holdings’ Ritz-Carlton project in The Woodlands was more than 70 percent sold within its first year and achieved prices above $1,500 per square foot, generating approximately $330 million in revenue.
Developers are focusing on high-end brands to attract affluent downsizers and international buyers. Other projects underway include Transwestern’s Auberge-branded condos at The RO and Satya’s St. Regis-branded residential tower near Memorial Drive, which was over 40 percent pre-sold as of March.
Jeff Samples of IBC Bank, which financed the St. Regis project, commented on the trend: “The branded condo wave is a bet on Houston’s growing wealth base. Earlier this year he said aging baby boomers downsizing out of their River Oaks estates might be considering staying in a central locale.”
