Allied Realty Breaks Ground on The Retreat at The Woodlands

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Allied Realty is breaking ground on The Retreat at The Woodlands--a new, 240-unit luxury apartment home community located in the heart of The Woodlands, Texas with a targeted opening in the summer of 2012.

"This is our first project in The Woodlands area, and we are very excited to be part of this thriving community."

Allied Realty is breaking ground on The Retreat at The Woodlands--a new, 240-unit luxury apartment home community located in the heart of The Woodlands, Texas with a targeted opening in the summer of 2012.

Developed by Allied Realty and designed by Steinberg Design Collaborative, The Retreat at The Woodlands is situated on approximately 10 acres of land at 4400 College Park Drive, conveniently located close to local employment, housing, and retail with easy access to two major freeways. Floor plans range from 1-3 bedrooms, and amenities include a state-of-the-art fitness center, a Cyber Café with Wi-Fi access, a picnic arbor with outdoor grilling and a resort-style pool.

"This property is special because we are not only catering to the professional, but also to families with children," says Tim Myers, Managing Partner of Allied Realty. "Our exceptional fitness center will feature a children's play area. In addition to our beautiful infinity pool complete with a lap lane and conversational space, we are building the first splash pad play area in the surrounding apartment communities."

The Woodlands is a carefully integrated balance of residential neighborhoods, recreational amenities, commercial office space, retail shops, and entertainment venues all in a natural forest setting with dedicated green space. It has been consistently ranked as one of the top selling communities in the nation for single family homes. "This is our first project in The Woodlands area, and we are very excited to be part of this thriving community," says Myers.

The property will be managed by Orion Real Estate Services, Inc., a division of Allied Realty. Financing and capital for the development are being provided by JP Morgan Chase and a partnership between Allied Realty and De Anda Sandoval Group, LLC.

Allied Realty is a leading fully-integrated, multi-family real estate investment and development firm headquartered in Houston, Texas, with an additional office in Denver, Colorado. Allied Realty and its investment partners have acquired or developed more than 13,000 multi-family units with a total aggregate value of approximately $1.1 billion. For more information visit http://www.alliedrealty.com

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