Developer to Spend $220M to Build St. Regis in Houston 

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Construction of the upscale St. Regis Residences Houston will cost $220 million, according to a filing with the Texas Department of Licensing and Regulation.

Sunny Bathija, CEO of development firm Satya, previously said he wants the project to be the first of its kind in Texas in terms of luxury and amenities, the Houston Business reported. St. Regis Residences Houston is scheduled to break ground in February and be completed by June 2028 at 102 Asbury Street.

The filings outline plans for a 38-story, 596,012-square-foot tower with unit prices starting at $3 million. Condos will range from 2,000 square feet to 5,000 square feet, with penthouses stretching to 6,000 square feet.

The project aims for its defining feature to be its amenity package, designed to mirror Marriott International’s St. Regis Hotels brand. It represents the first St. Regis Residences in Texas, where branded condos fare better than the overall market.

Residents will receive full concierge services, including valet assistance and doorstep package delivery. Recreation features will include a resort‑style lap pool, hot and cold plunge pools, private cabanas, steam rooms, saunas, locker rooms, a full spa, a fitness studio, yoga and movement studios, a meditation garden and a yoga lawn. Outdoors will be grilling stations, a catering kitchen and a bar.

Additional lifestyle amenities will include a pet spa, a dog run and park, a card room, a children’s activity center, a gaming lounge, a media room, a theater and an event space. Higher in the tower, the 26th‑floor sky terrace aims to serve as a signature gathering area, offering a private dining room, a cognac bar, coworking spaces and the Astor boardroom — named in honor of the family that founded the St. Regis brand.

To accommodate visitors, the building will feature two bookable guest suites. Three generators will ensure the entire property has electricity during power outages, a feature increasingly valued in Houston’s climate‑sensitive market.

Originally, the building was planned at 37 stories, but the developer later added another story based on demand. The project’s 2,800-square-foot sales center opened in August, with  Douglas Elliman brokering unit sales.

As previously reported by The Real Deal, Satya has secured a $255 million construction loan for the project. 

— Joel Russell



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