Less than a year after opening Remy on the Trails to new residents, McNair Interests has broken ground on the second phase of its multi-family development located on Deerwood Drive at 400 West Sam Houston Parkway South. The unnamed second phase “On the Trails” community will feature 221 1-, 2- and 3-bedroom apartment homes averaging nearly 900 square feet with 3-bedroom units maxing out at nearly 1,500 square feet.
“We’re very proud of what we’ve accomplished thus far at the On the Trails development and are excited to bring this next phase to life,” said Drew Steffen, senior vice president of real estate at McNair Interests. McNair’s first development, Remy on the Trails, opened in late 2022 and is currently more than 60% leased.
“Our goal was always to create a lifestyle setting which offers a sense of place,” said Steffen in discussing Remy. “We adding new amenities to the second phase of development that will attract a lot of the same type of residents, but allow us to cast a wider net.”
Unmatched and affordable
The new community is being built on 6.8 acres of the 24-acre parcel, which features a private 3-acre lake and a walking/running trail that is one-third mile in distance. The community will feature four-story buildings with conditioned corridors, private storage, private garages and surface level parking. Community amenities include an expansive club room and lounge, fitness center with Peloton bikes, bicycle storage, dog park, indoor/outdoor fire pits, a network of outdoor courtyards and pool area with cabanas and grills alongside the private lakefront and its walking trail.
“We’re certainly aware of the demographics in the area,” said Steffan. “The community is right next to upscale single-family neighborhoods. Our development will give home sellers a place to land nearby. Young singles and couples who are watching interest rates before buying their first home can live at our communities while they’re waiting to see what happens with interest rates.”
“It’s also a reflection of the businesses that have moved into the area,” added Chris Harren, McNair’s vice president of real estate development. “We believe our communities will attract more residents from the new employers that have moved to Westchase District.”
Hospitality is key
The new development will also feature a Slowpokes café, which will be open to the public. The Garden Oaks born gathering place is known for its local leaning food offerings, curated wine program, plus in-house roasted coffee and Bayou City brews. “We’re striving for a feel of hospitality in our communities,” said Steffan. “Residents want higher level options for food and drink, whether it is a meal, a cup of coffee or a glass of wine. We’re bringing that to them, effectively in the lobby of the community.”
Steffan expects the first residents to move to the new community in the summer of 2024. “We can build apartments quickly to meet the current demand,” he said. When the second phase of the “On the Trails” development is complete, approximately three-quarters of the 24-acre parcel will be developed. Steffan said they are being thoughtful about the next steps. “Our intent is to activate as quickly as possible while the idea is fresh and demand is good. We’re extremely honored to be in Westchase District. It’s a great neighborhood.”
