Project Update: Holman & Elgin Move Toward a 9-Month Build

October 20, 2025 · P Square Properties · Project Updates

Project Update: Holman & Elgin Move Toward a 9-Month Build

Two of our upcoming residential projects — Holman (3209 Holman St) and Elgin (Elgin St) — share a powerful advantage: their lots are permit-ready.

Why permit-ready changes everything

In Houston, permitting is often the longest and least predictable phase of development. By acquiring lots that are already permit-ready, we compress the timeline dramatically — targeting a 9-month completion instead of the standard 18 months.

What that means for investors

A faster build means lower carrying costs, reduced exposure to market shifts, and a quicker path to returns. Elgin adds a further advantage: each townhome includes an additional apartment unit for extra rental income.

Both projects sit minutes from the University of Houston with easy Downtown access — a location profile that supports both strong rents and resale demand.

#Holman#Elgin#Townhomes#Permits
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