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    Hines Bullish on Houston

    Montrose boutique hotel partners with Hines for upgrade and luxury residential high-rise

    Shelby Hodge
    Aug 30, 2016 | 10:45 am
    Montrose boutique hotel La Colombe d'Or set to undergo a $10 million renovation and the addition of a 34-story residential tower.

    At a time when some developers are backing off high-rise residential projects, others are moving ahead, planning to open new doors in sync with Houston's anticipated economic recovery. Hines is the latest to announce a luxury tower, this one connected to the storied La Colombe d'Or boutique hotel on Montrose Boulevard.

    Hotel owner Steve Zimmerman and Hines announced Tuesday the partnership that will result in a $10 million expansion and renovation of the hotel and the addition of a 34-story, 285-unit tower to be known as the Residences at La Colombe d'Or. The project is a joint venture between Hines, the Zimmerman family and TIAA Gobal Asset Management.

    The tower will rise just behind the hotel, replacing the parking lot and the ballroom that was a later addition to the mansion, built in 1923. The residences will connect to the hotel through "a series of amenitized areas," including an art gallery and an outdoor space with a fireplace. In addition, the new building will provide 17 luxury rooms for La Colombe d'Or hotel guests.

    “La Colombe d’Or is one of those unique Houston gems that makes our city so special,” Hines founder and chairman Gerald D. Hines said in a statement. “We look forward to working hand-in-hand with the Zimmerman family to be a part of the next chapter in the legacy of this celebration of enriched living.”

    Construction will begin in the second quarter of 2017 with completion expected in 2020.

    “There are no multifamily assets of this quality slated to compete with the opening of La Colombe d’Or, and the timing of this luxury development takes full advantage of that,” according to a statement by Tom Melody of JLL, which represented Hines and Zimmerman in the transaction. “When the Residences at La Colombe d’Or delivers, it will be unrivaled by any other product of this quality in the asset class.”

    For those emotionally attached to the ballroom, which is elegantly dressed in oak panels from a 300-year-old French chateau and laced with crystal chandeliers, Zimmerman assures that a ballroom with those amenities will be rebuilt at a neighboring location.

    The 31-story Hanover Montrose luxury apartment, immediately north of La Colombe d'Or, is now accepting renters and offering up to eight weeks free rent. The Hines/Zimmerman are betting that by 2020, there will be no need for that kind of rental incentive.

    hotelshigh-risesluxury
    news/real-estate

    housing news

    Houston ranks among top 10 U.S. cities for mobile home living

    Amber Heckler
    Dec 24, 2025 | 11:30 am
    Interior of a manufactured home
    Photo by Brian Wangenheim on Unsplash
    Manufactured homes have come a long way from the "trailers" of the past, according to StorageCafe.

    As Houston residents navigate the city's fluctuating real estate market, manufactured homes – also known as mobile homes – are gaining traction among potential buyers seeking an affordable path to homeownership.

    A recent housing study found Houston ranks among the top 10 U.S. cities with the largest mobile home inventory. Texas, as a whole, has the second-highest share of manufactured housing in the nation.

    StorageCafe's housing insights report analyzed the supply of manufactured housing inventory, average sales prices of new manufactured homes, and compared pricing trends against the median value of all housing units (regardless of construction date) across all 50 states and 100 U.S. cities.

    The report's author hails manufactured housing as "a cornerstone of affordability" in the country, with just under 8 million mobile homes representing about 5.4 percent of the U.S. housing supply.

    There are 776,232 manufactured homes in Texas, the report found, which is 6.2 percent of the state's entire housing stock. Houston is home to the 8th highest number of mobile homes in the nation, at 10,953 units.

    Here's how the rest of the top 10 shakes out:

    • No. 1 – Mesa, Arizona (29,335 units)
    • No. 2 – Phoenix, Arizona (20,564 units)
    • No. 3 – Jacksonville, Florida (15,393 units)
    • No. 4 – Largo, Florida (14,131 units)
    • No. 5 – Tuscon, Arizona (14,128 units)
    • No. 6 – San Jose, California (11,668 units)
    • No. 7 – San Antonio, Texas (11,208 units)
    • No. 8 – Houston, Texas (10,953 units)
    • No. 9 – Los Angeles, California (10,622 units)
    • No. 10 – Sunrise Manor, Nevada (9,952 units)

    Why manufactured home living is gaining popularity
    Affordability is of the main reasons Texas residents are turning to manufactured home living. The average sale price for a mobile home in Texas was $112,500 in 2024, or less than half of the median sale price for all Texas homes ($313,200).

    The report specifies that the cost for a manufactured home does not include the cost of land in the same way that a conventional home does. Depending on zoning and local laws, residents who own a mobile home either lease the lot their home sits on, or they have to purchase a lot outright.

    "Most manufactured homes sit either in parks (land rent, higher exposure to rent hikes or park closures) or subdivisions (you own the land)," the report said. "In some communities, resident-owned cooperatives (co-ops) allow homeowners to collectively purchase the land beneath their homes. This setup provides stability and protection against rising lot rents, which can otherwise affect those living in privately owned parks."

    Nevertheless, StorageCafe maintains that the generally lower cost of a manufactured home still makes it a viable path to homeownership. Affordability is especially crucial for younger adults like Gen Zers and Millennials who also don't want to "compromise on quality or independence."

    "Today’s younger buyers value flexibility, efficiency, and minimal maintenance, and many are drawn to simpler lifestyles that align with financial freedom and mobility," the report said. "With the rise of remote work, more Millennials and Gen Zers are exploring the idea of living affordably in smaller, well-designed spaces, often in communities with shared amenities or scenic settings that were once thought to appeal only to retirees."

    Manufactured homes have also experienced a "glow up" in recent years, the report added. Most manufactured homes have open floor plans, "stylish interiors," and come equipped with modern amenities like smart-home technology and energy efficient features.

    "As a result, they’re no longer viewed as a fallback option, but rather as a savvy, forward-thinking path to homeownership for cost-conscious Americans of all ages," the report said.

    Mobile home living elsewhere in Texas
    Other than San Antonio in Houston in the top 10, there were 12 more Texas cities that ranked among the top 100. El Paso came in at No. 16 with 7,089 mobile homes in the city, and Laredo ranked two spots behind with 6,785 units.

    Here's how other Texas cities fared in the report:

    • No. 20 – Dallas (6,195 units)
    • No. 21 – Austin (6,184 units)
    • No. 22 – Fort Worth (6,069 units)
    • No. 29 – Corpus Christi (4,823 units)
    • No. 34 – Pharr (4,409 units)
    • No. 48 – Arlington (3,818 units)
    • No. 60 – Mission (3,207 units)
    • No. 65 – Bryan (3,063 units)
    • No. 67 – Edinburg (3,407 units)
    • No. 98 – Denton (2,441 units)
    housing markethousing reportstoragecafetexasmanufactured housinghouston
    news/real-estate
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