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Developer plans residential tower at Allen Parkway site.

Houston Business Journal

| October 27, 2000 | COPYRIGHT 1985 American City Business Journals, Inc. (Hide copyright information)Copyright

The 84-year-old' Gulf Publishing Co. building tops the list of sales this month. Austin-based, developer Simmons Vedder & Co. has put the site on. Allen Parkway under contract for purchase with plans for a high-rise residential tower.

The exact price tag of the property was not disclosed, but a Simmons Vedder official says it is in the range of $45 per square foot.

Few details about the project were revealed. It has not yet been decided whether the project will be for-sale or rental units. The tower will be Simmons Vedder's …

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