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Wood Partners Breaks Ground on 133-Unit Luxury Apartment Building in West Houston

HOUSTON, TX--(Marketwired - Jul 25, 2013) - Wood Partners has started construction on Alta Westheimer, a 133-unit luxury apartment building on three acres located at 9235 Westheimer Road in Houston, Texas. The 119,000-square-foot apartment building is expected to be open for leasing in April 2014.

The apartment community, designed by Good, Fulton & Farrell, will house 15 studios, 84 one-bedroom units and 34 two-bedroom units, with 188 parking spaces. Luxury finishes will include stainless steel appliances, granite countertops, subway tile backsplashes, vinyl plank flooring and washers and dryers. Residents will have access to a clubroom, fitness center, outdoor kitchen area and pool. Select floorplans will include garages. Wireless connectivity and the latest in audio/visual technology will be available in all common areas.

"We're thrilled to announce the start of a new apartment community in Houston with high-end units and amenities at a fair price point with respect to our competition," said Todd Gaines, Wood Partner's South Texas director. "We're certain the strong location -- with great access and short commutes to jobs in the Westchase District, Energy Corridor, and The Galleria -- will be a major draw for prospective tenants."

The building will be close to several major local employers, including Phillips 66, Chevron, Halliburton, BP, Shell and Exxon, and near high-end shopping centers The Galleria and CityCentre. Residents will have close access to Terry Hershey Park, which is expanding its bike trails so that commuters will be able to bicycle through the park to oil company offices around Eldridge Parkway. Memorial Park Golf Course, located a few miles to the east, is one of the country's top municipal courses.

Westplan Investors is the project's equity partner and the general contractor is Westheimer Builders LLC.

About Wood Partners
Wood Partners is a national real estate company that acquires, develops, constructs and property-manages high-density and mixed-use communities. It was ranked the nation's No. 2 multifamily developer in 2012, based on 5,100 unit starts. Through quality construction, responsible land development and intelligent design, Wood Partners communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the development of more than 46,000 homes with a combined value of more than $6.8 billion nationwide. Wood Partners has offices in 16 major markets nationwide including Atlanta, Baltimore, Delray Beach, Boston, Charlotte, Dallas, Denver, Houston, New York, Newport Beach, Orlando, Phoenix, Raleigh-Durham, San Francisco, Seattle, and Washington, D.C. To learn more about Wood Partners, visit www.woodpartners.com.