The Retreat At Riverstone Now Leasing

New Luxury Apartment and Townhome Community Developed and Managed by Allied Orion Group Opens in Sugar Land, Texas

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Jul 02, 2015, 12:40 ET

HOUSTON, July 2, 2015 /PRNewswire/ -- The Retreat at Riverstone--a new, 249-unit exclusive apartment and townhome community located in the heart of Sugar Land, Texas is now leasing for immediate move in.

The first multifamily property to be developed in the Riverstone master-planned community, the Retreat at Riverstone offers Mediterranean-inspired, one and two bedroom luxury apartment homes, as well as the exclusive three-bedroom townhome rental option with attached garages and 1500-1700 square feet of living space—the first of its kind in Sugar Land.

Located at 18545 University Blvd in Sugar Land, just 25 miles southwest of downtown Houston, the upscale development is zoned to top-rated Fort Bend schools, and is close to area parks, running trails, shopping, dining and entertainment options. The Retreat at Riverstone offers easy freeway access and close proximity to some of Fort Bend County's largest employers such as Fluor Corporation, Schlumberger, Texas Instruments, Minute Maid Corporation, and St. Luke's, Memorial Hermann and Methodists hospitals. Constellation Field, home to Houston's Minor League Baseball team, University of Houston Sugar Land Campus and Wharton County Junior College are also a short distance away.

Community amenities include an elegant resident lounge, billiards room, Cyber Cafe with Wi-Fi, state-of-the-art wellness/fitness center, resort-style pool with beach entry, grilling areas, recreation areas and two dog parks. All apartments and townhomes feature granite countertops, stainless steel kitchen appliances, plank wood flooring, spacious walk-in closets and private balconies or patios.

Allied-Orion Group developed the property and Capital One arranged financing for the project. "We are pleased to have both developed and to be managing the first high-end, luxury apartment and townhome community in Riverstone and are happy to have a strong presence in one of the nation's best places to live," said Kirk Tate, Principal of Allied Orion Group. "Maintaining the integrity of the top-notch building requirements set forth by the master-planned community and the National Green Building Standards was our top priority."

Allied Orion Group is a full-service multifamily management, investment and development firm headquartered in Houston, Texas, with additional offices in Denver, Atlanta, Dallas and San Antonio. Allied Orion Group has acquired or developed more than 13,000 multi-family units with a total aggregate value of approximately $1.1 billion, and has a growing portfolio of 25,000 apartment homes under management throughout the nation. For more information, call 713-622-5844 or visit www.allied-orion.com.