L
ivBrook Capital is reviving the development pipeline in Houston with a new multifamily project. The Reno-based developer has filed documents to build Remi Generation Park, a 315-unit apartment complex in Generation Park, a 4,300-acre master-planned community northeast of downtown Houston. The $35 million project will span nearly 360,000 square feet and is expected to break ground in April with completion slated for spring 2026.

    Located off Beltway 8, the development will be part of Generation Park, a project from Houston-based McCord that features office buildings, industrial space, and an entertainment district. The multifamily market has been stagnant since interest rates rose in 2022-2023, but experts are hopeful that rate reductions will spur development.

    LivBrook Capital owns around 3,500 multifamily units across Arizona, Nebraska, Nevada, and Texas. The firm recently purchased Mayflower Apartments in June and plans to rebrand it as Remi Downtown after renovating the property.