The Post Oak 36-story multi-use high rise hotel development has broke ground in Galleria Uptown. Billionaire Fertitta developing the project, says it will be “Houston’s first development combining hotel, office, retail and residential development in one building”. Fertitta believes it will be the nicest high class hotel constructed in Houston since the 80’s.
Interesting enough the development’s breaking ground comes at a time when Houston’s economy is lagging after a dramatic decline in oil prices. Fertitta himself has predicted a nationwide real estate crash due to the decrease in oil prices.
The Post Oak Project
Read more on the Post Oak Project– view the building plans & features
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