**Shuttered Houston Hotel to Be Transformed into Apartment Community**
A vacant former hotel located at 6780 Southwest Freeway in Houston is slated for a major transformation into a multifamily residential development. Dos Lagos Asset is spearheading the redevelopment of the 292-room property, which once operated under the Hilton brand before closing permanently during the COVID-19 pandemic.
The project, to be known as Altura Residences, will be completed in multiple phases. In the initial phase, the existing hotel rooms will be converted into studio apartments. The final phase will focus on creating a suite of tenant amenities. Additionally, plans call for approximately 25,000 square feet of retail space to be featured on the ground floor, enhancing the development’s mixed-use appeal.
According to a recent report from RentCafe, hotel conversions have grown in popularity and now represent over one-third of adaptive reuse projects in the United States. This marks a shift from earlier trends in 2020, when office-to-residential conversions dominated the adaptive reuse landscape. That year, 6,626 residential units were produced from office transformations, in contrast to 1,784 units from hotel conversions.
Altura Residences joins a growing list of projects nationwide that reflect evolving strategies in urban redevelopment and housing supply solutions.
