A $12.6M, 76-unit apartment project is planned in northwest Houston

A 76-unit apartment project with a $12.6 million cost estimate is registered with the Texas Department of Licensing and Regulation for 1817 S. Victory Drive, in northwest Houston’s 77088 ZIP code. The owner of record is a project entity, Victory Lofts, LP.

Why it matters

Houston has no zoning, so a project like this triggers no rezoning hearing that would flag it early. The TABS registration is the first public record of it. It puts the cost, unit count, address and design firm on file about six months before the listed start date. That gives contractors and developers tracking north Houston a window before the general contractor is named.

The numbers

The filing, registered Oct. 28, puts the cost at $12,597,721. It covers three two- and three-story residential buildings totaling 78,845 sq ft, plus a single-story community building of 2,679 sq ft, for 81,524 sq ft combined. Wallace Architects, LLC is the design firm. TDLR records the project as privately funded, on private land.

The estimate works out to about $165,800 per unit, or about $155 per sq ft of total building area. Residential space averages roughly 1,037 sq ft per unit, a figure that includes corridors and shared areas inside the three buildings.

The owner of record lists a mailing address in Springfield, Missouri. No sponsor or parent brand appears on the record beyond the project entity.

What’s next

TDLR lists an estimated start of May 1, 2027, and completion on June 1, 2028, a 13-month build. The next records to watch are a City of Houston building permit and the general contractor’s name. More on the metro: Houston.