Restaurants, Boutiques Under Construction One Block Away
If it seems there’s always something exciting going on with Houston real estate, you’re absolutely right. Upper Kirby, a refined, upscale neighborhood, known for exquisite dining and shopping, is no stranger to media coverage. This year, Thor Equities, a New-York based developer, broke ground on a $146 million mixed-use project called the Kirby Collection, and construction is slated for completion by the end of 2017.Expectations for the Kirby Collection are sky-high, thanks to the planned 65,000 square feet of prime retail space, which includes boutiques and restaurants, a 25-story luxury apartment tower and a 13-story Class A office tower.
What you might find interesting about this development, besides the luxurious amenities and high-end retail, is what it will do to further boost residential values in the area. It’s a fact that real estate prices are driven by demand and location, and a high-end new development like the Kirby Collection can only make things better. The fact that this new project is located right next to one of Surge Homes’ finest communities, Upper Richton, is an advantage for homeowners. As Upper Richton develops alongside the Kirby Collection, not only will demand for the area increase, but owners are poised to enjoy greater conveniences—and an increase in property values.
Popular Neighborhood
Upper Richton is an elite community featuring townhomes and single-family homes priced from $609,000 to $681,000. To date, 54 percent of the homes have been purchased as homeowners jumped at the chance to own a new high-quality residence in one of Houston’s most prestigious Inner Loop areas. Surge Homes is lauded for its innovative developments and European-inspired designs, and the fact that Upper Kirby is becoming more built-out is only going to boost Upper Richton’s popularity. In other words, if you’ve been considering a move to Upper Richton, the time is now.
Walkable Retail Is In
According to the National Association of Homebuyers, there are eight community amenities coveted across the top four generations—millennials, Generation X, baby boomers and seniors—and proximity to retail is in the top five for each group.
The significance of walkable retail shouldn’t be overlooked. In fact, according to the 2016 Kinder Houston Area survey, 63 percent of Harris County respondents said they preferred to live in an urban area with access to shops and retail. The data proves that walkability influences real estate values because in our harried, busy lives, anything that makes it easier to shop, dine and relax is welcome. In addition to being located right next to the Kirby Collection, Upper Richton is within walking distance to West Ave and a short drive to Highland Village, Hermann Park, Uptown Park and The Galleria area. Just how walkable is the entire Upper Kirby area? According to Walk Score, Upper Kirby has earned a 74 score and Upper Richton, specifically, scores an 87 out of 100, which is in the top three, best walk scores for the entire city of Houston.
From the day the development of Upper Richton was announced, the community has won the hearts of Houstonians who appreciate access to beautiful greenspaces and proximity to dining, wine bars, retail, boutiques, and art galleries. Upper Richton is a study in upscale work-life-play, and with the announcement of the Kirby Collection, the excitement has reached a new level.
