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Home » Houston’s ultra-luxury real estate market explodes with top sales growth in U.S. of homes valued $10M or more
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Houston’s ultra-luxury real estate market explodes with top sales growth in U.S. of homes valued $10M or more

August 4, 2023No Comments3 Mins Read
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Houston’s ultra-luxury real estate market explodes with top sales growth in U.S. of homes valued M or more
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Inner Loop professionals, Houston-area empty-nesters, and those who love the lock-and-leave lifestyle can look forward to an elevated option for luxe living. Houston-based commercial real estate firm Satya and its CEO Sunny Bathija have announced on The St. Regis Residences, Houston, a new high-rise condominium development.

Satya is partnering with powerhouse global brand Marriott International on the project. This 35-story condo marks the first, exclusive development in Texas for the St. Regis brand, a luxury residential offshoot of Marriott.

The St. Regis Residences, Houston will loom over some four acres of prime real estate in Asbury Place, offering unobstructed views of River Oaks, Memorial Park, Buffalo Bayou, and downtown.

Groundbreaking is expected some time in 2025, with an expected completion date around Q4 in 2027. Green space enthusiasts will delight in private owner access to the new Buffalo Bayou Trail, which will run along the development’s south side. For some visual perspective, the project will be adjacent to River Oaks and Lazy Lane Boulevard — an enviable address, indeed — and will technically be walking distance from the cherished Bayou Bend Collection and Gardens and even Memorial Park.

As one would imagine, owners will enjoy myriad perks from St. Regis brand’s global membership privileges. Those include butler services to attend to virtually any need, a full-time concierge, doorman, and valet parking, per press materials.

Curated amenities include a pool, fitness center and movement studio, wellness services, a cognac room with wine storage, a golf simulator (perfect for practice before hitting Memorial Park), a kid’s activity center, pet spa for pampering, and boardroom and business center for the ideal work-from-home situation in arguably Houston’s most prestigious residential quadrant.

“We are proud to collaborate with Marriott International to launch The St. Regis Residences, Houston,” said Satya CEO Bathija in a statement. “The St. Regis brand is known globally for its unrivaled level of luxury, its innovation and commitment to impeccable service. I have had the privilege of ownership at the Marriott’s branded residences in Sunny Isles Beach Miami and am excited to share the legendary St. Regis lifestyle with fellow Texans.”

Credit goes to Bathija for making a bold claim on some of the last remaining Tier 1 Inner Loop land. Those familiar with commercial and residential real estate will no doubt recognize Satya as the firm worth more than $500 million and behind tony properties such as The Sophie at Bayou Bend, Giorgetti Houston, Westmore, Hyatt Place and Hyatt House Houston Medical Center.

As CultureMap reported, Satya has ventured outside Greater Houston to launch the luxe Tiara on the Beach coast-facing condominiums in Galveston. But for now, Bathija’s focus is back to bringing luxury living to the Inner Loop — with a global brand partner.

Houston-based Satya is behind Tiara on the Beach, Galveston’s first luxe condo in 15 years.
Rendering courtesy of Bogza

“The St. Regis Residences, Houston represent the best address in the heart of the coveted River Oaks community,” said Sarah Khalifa, VP, Mixed-Use Development, Marriott International, in press materials. “Bringing St. Regis Residences to Houston has always been a strategic priority for our company, and working with Satya has been the perfect fit as a prominent local developer—coupled with Sunny Bathija’s experience as an existing Residence Owner in our portfolio. His commitment to the lifestyle we offer will undoubtedly pull through in this iconic project.”

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