Braeburn Village, a project developed by Midway in partnership with AAI Affordable Houston, received top honors in the For-Profit Category, while two developments, Bethal Church Park by the Houston Parks & Recreation Department and New Hope Housing at Rittenhouse by New Hope Housing Inc. were named tops in the Not-for-Profit Category.
The Lee Davis Library at San Jacinto College won in the Heritage Category. The Monarch Institute Campus by The Monarch School earned the highest number of online votes to capture the People's Choice Award.
“This year’s Development of Distinction Awards covered an amazing array of innovative and sustainable projects,” Carleton Riser, ULI Houston chair and Transwestern Development Co. president, said in a statement. “Each winner is a singular example of the ‘complete real estate project’ and has positively impacted their immediate community and Houston as a whole.”
Also recognized at the ceremony were the 2015 finalists and honorable mentions:
- Finalists in For-Profit Category Hanover Rice Village by The Hanover Co. and Towne Lake Master Plan by Caldwell Communities
- Not-for-Profit finalist Bagby Street Reconstruction by Midtown Redevelopment Authority
- Heritage finalist Pennzoil Place by Gerald D. Hines Interests (1975) and owned by Metropolis and managed by Transwestern; and honorable mentions Lone Star College, Cy-Fair Campus by Lone Star College and Sylvan Beach Pavilion, Harris County Precinct 2, Jack Morman, commissioner
The Development of Distinction awards program is the centerpiece of ULI’s efforts to recognize developments that exemplify best practices in design, construction, economic viability, community health, marketing and management. The Houston award is modeled after the ULI Awards for Excellence global competition, which has honored best practices in real estate development for more than 30 years.
Nine finalists were selected by a nomination panel of Houston real estate leaders. A jury of three national real-estate experts traveled to Houston last November to tour all projects and select the winners.