"As lifestyle habits continue to evolve, we’ve found that people are opting to live and work in an area that allows for a more walkable way of life, as well as easy accessibility to their favorite shops or entertainment spots,” Jonathan Brinsden, Midway’s chief executive officer, said a statement. “What will make Memorial Green one of the most desirable places to reside and visit is its ability to provide all conveniences of an urban environment, but still maintaining the close-knit feel that comes with being in a neighborhood like Memorial.”
Memorial Green will offer a gated community of 57 single-family homes, averaging between 3,000-5,000 square feet, centered around a park. These two and three-story homes will range in price from $1 million to $2 million-plus. The residences are planned for the back of the lot.
A collection of homebuilders are collaborating with Midway on the project, including Jeff Paul Custom Homes, McCollum Custom Homes and Pelican Builders Inc. TBG Partners is the project's landscape consultant.
A four-story office building with 47,000 square feet of office space will front Memorial Drive and feature additional room for ground-level restaurants and boutiques. A six-story multifamily residential building designed by Munoz + Albin housing 250 flats will also face the street.
Heritage Texas Properties is serving as broker for Memorial Green, which is expected to break ground in January 2015 and be complete in summer 2016.