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introducing the st. regis

New luxury high-rise off Buffalo Bayou promises coveted locale and elite perks

Steven Devadanam
Dec 8, 2023 | 2:12 pm
Buffalo Bayou

The new high-rise promises sweeping views of Buffalo Bayou and downtown.

Photo by Lance Childers/courtesy of Houston First Corporation

Inner Loop professionals, Houston-area empty-nesters, and those who love the lock-and-leave lifestyle can look forward to an elevated option for luxe living. Houston-based commercial real estate firm Satya and its CEO Sunny Bathija have announced on The St. Regis Residences, Houston, a new high-rise condominium development.

Satya is partnering with powerhouse global brand Marriott International on the project. This 35-story condo marks the first, exclusive development in Texas for the St. Regis brand, a luxury residential offshoot of Marriott.

The St. Regis Residences, Houston will loom over some four acres of prime real estate in Asbury Place, offering unobstructed views of River Oaks, Memorial Park, Buffalo Bayou, and downtown.

Groundbreaking is expected some time in 2025, with an expected completion date around Q4 in 2027. Green space enthusiasts will delight in private owner access to the new Buffalo Bayou Trail, which will run along the development’s south side. For some visual perspective, the project will be adjacent to River Oaks and Lazy Lane Boulevard — an enviable address, indeed — and will technically be walking distance from the cherished Bayou Bend Collection and Gardens and even Memorial Park.

As one would imagine, owners will enjoy myriad perks from St. Regis brand’s global membership privileges. Those include butler services to attend to virtually any need, a full-time concierge, doorman, and valet parking, per press materials.

Curated amenities include a pool, fitness center and movement studio, wellness services, a cognac room with wine storage, a golf simulator (perfect for practice before hitting Memorial Park), a kid’s activity center, pet spa for pampering, and boardroom and business center for the ideal work-from-home situation in arguably Houston’s most prestigious residential quadrant.

“We are proud to collaborate with Marriott International to launch The St. Regis Residences, Houston,” said Satya CEO Bathija in a statement. “The St. Regis brand is known globally for its unrivaled level of luxury, its innovation and commitment to impeccable service. I have had the privilege of ownership at the Marriott’s branded residences in Sunny Isles Beach Miami and am excited to share the legendary St. Regis lifestyle with fellow Texans.”

Credit goes to Bathija for making a bold claim on some of the last remaining Tier 1 Inner Loop land. Those familiar with commercial and residential real estate will no doubt recognize Satya as the firm worth more than $500 million and behind tony properties such as The Sophie at Bayou Bend, Giorgetti Houston, Westmore, Hyatt Place and Hyatt House Houston Medical Center.

As CultureMap reported, Satya has ventured outside Greater Houston to launch the luxe Tiara on the Beach coast-facing condominiums in Galveston. But for now, Bathija’s focus is back to bringing luxury living to the Inner Loop — with a global brand partner.

Tiara on the Beach Galveston rendering Houston-based Satya is behind Tiara on the Beach, Galveston's first luxe condo in 15 years. Rendering courtesy of Bogza

“The St. Regis Residences, Houston represent the best address in the heart of the coveted River Oaks community,” said Sarah Khalifa, VP, Mixed-Use Development, Marriott International, in press materials. “Bringing St. Regis Residences to Houston has always been a strategic priority for our company, and working with Satya has been the perfect fit as a prominent local developer—coupled with Sunny Bathija’s experience as an existing Residence Owner in our portfolio. His commitment to the lifestyle we offer will undoubtedly pull through in this iconic project.”

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real estate report

Houston new home prices are falling while sales climb, report says

Amber Heckler
Jun 25, 2026 | 4:00 pm
New housing
Photo by André François McKenzie on Unsplash
Houston's housing market is showing good signs ahead of summer, according to the report.

A new HomesUSA.com report tracking the sales of new homes in the Houston metro has revealed a promising increase in May's new home sales, and improving prices are allowing new homes to sell at a slightly faster rate than in April.

The New Home Sales Report tracks three-month moving averages across Houston's housing market and also tracks real estate data in Dallas-Fort Worth, Houston, and San Antonio.

New home sales in Houston rose to 2,169 closed transactions in May, up from 1,958 in April, and they sold for near asking price with the average sales-to-list price ratio at 95.34 percent. The average price for a new home in the Houston area fell to $398,646 last month, a $4,355 decrease from April, the report found.

Current new home prices are still over $5,000 more expensive than they were this time last year, but the month-to-month downward trend could help ease prices further into the summer.

The average days on market — meaning the average time it takes to sell a new home — also showed a slight improvement month-over-month, at 108.90 days, down from 110.70 days in April.

New homes in the city are taking longer to sell now than they were a year ago, when the days on market was 96.26 days in May 2025. However, the report adds clarification that new homes typically spend more time on the market than existing homes because many are listed for sale while still under construction.

HomesUSA.com CEO Ben Caballero predicted May's new home sales could be "the highest for the year if interest rates remain at the current level or higher."

"May brought another encouraging increase in Houston new home sales, but the market is about where it was a year ago," he said. "Houston builders are seeing homes sell a little faster than they did in April, which is good news. But higher inventory, stubborn mortgage rates and mixed year-over-year comparisons show this spring market still requires patience, pricing discipline and close attention to buyer demand."

Houston nearly leads the nation with the second-highest rate of new home construction in 2026.

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