Prominent residential real estate developer Randall Davis has planned a new 12-story condominium project called London House on San Felipe.
Courtesy Randall Davis
Plans for London House come after the pandemic squashed a previously announced project by Randall Davis, called The Paramount, which had been planned on Westheimer. That proposed 25-story project is not expected to be resurrected, a spokesperson said. The property already was sold to a Mexico-based furniture importer, according to media reports.rising prices
in Houston. The supply of condominiums and townhomes on the market fell to 1.5 months in April, meaning it would take just over a month to sell through all the current condos and townhomes on the market if sales continued at their current pace, according to data from Houston Association of Realtors. Townhome/condo sales – which include resales and non-luxury units – rose 3.4 percent in April with the average sale price up 11.6 percent year-over-year to a record $273,575.
Randall Davis’ previous projects include more than 15 buildings in Houston, including the Arabella in the Galleria/Post Oak area, the Astoria, Marlowe Downtown, Renoir, Gotham, Metropolis and Rice Lofts.For London House, the developer has opened an onsite sales gallery for the project in the same building as the existing art gallery, the Meredith Long Gallery, a spokesperson said.
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