The purpose of the Downtown Living Initiative is to promote economic development and stimulate business and commercial activity in the combined target area by providing economic and other development incentives for certain new multifamily residential mixed-use developments.
The target area is comprised of most of downtown, offering exciting attractions and amenities including Discovery Green, Phoenicia Specialty Grocery, churches and schools (including the HISD High School for the Performing and Visual Arts), major hotels, three of the region’s four major sports venues and the George R. Brown Convention Center, ranked in the nation’s top twenty.
The Downtown Redevelopment Authority / TIRZ #3 Board of Directors approved the following residential development projects:
Completed:
- SkyHouse Houston
- Block 334
- SkyHouse Main
- The Star
- Market Square Tower
- Aris Market Square
Under Construction:
- Fairfield Residential