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FULL PACKET_2013-08-05
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FULL PACKET_2013-08-05
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4/6/2017 4:20:22 PM
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8/1/2013 3:57:34 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Date
8/5/2013
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The Mark, at the Galleria area of Houston, was originally built in 2000 as a 30- story, high -rise rental. <br />Managing the marketing and sales, Genesis In 2002 converted the properly to a condominium. <br />Southern Villas was an 80 -unit- per -acre, high density urban development, built in the Galleria area of <br />Dallas. Genesis continued to grow its reputation as a developer that focused on contmllingcosts from <br />design inception to construction completion, lenders that provided construction financing for these <br />properties included First American Bank, GMAC SouthTrust (nosy Wachovia) and NationsBank <br />(now Bank ofAmerica). <br />The Mercer is another example of Genesis employing innovation and creativity to create luxury <br />with outstanding value. Using its resources, experience and focus on planning and design, Genesis <br />completed construcion of the 360 -foot tall building with interiors that included 12 -foot ceilings, gas <br />cook-tops (a first for Houston in a high-rise), wood Boors, gas fireplaces, sub -zero refrigerators and <br />Vikingappliances, within 12 months ofdosing the loan with First Bank of Houston. <br />75B -37 <br />
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