Why the USA?
Inspired by his many successes in the world's most liveable city, Joe Russo felt the time was right to introduce a taste of our contemporary Australian lifestyle into the US market. In late 2015, Caydon arrived in the USA - with a focus on projects in Houston and Seattle.
As the USA's fourth largest city, Houston is currently experiencing a gentrification boom. A business-friendly city with no zoning laws, makes it an incredibly opportune landscape for Caydon, whilst in Seattle, employment growth, especially from leading tech industries is what makes the Pacific North-West city so appealing. As we continue to create beautiful lifestyles across Melbourne, Caydon's expansion into the USA is an exciting step into an entirely new yet equally dynamic market.
“I see a real, long-term business here,” Mr Russo told The Houston Business Journal. “Within the next five to 10 years, the majority of my developments will be here in the US.”
Our 27-level tower will be Midtown’s first high-rise luxury apartment complex and comprise 357 studio, one and two-bedroom apartments with shops and restaurants on the ground floor. Shared facilities will include a pool with swim-up bar, a gym, indoor and outdoor dining facilities and a dog park.
Seattle is one of the hottest real estate markets in the country. Water on one side and mountains on the other makes the city attractive, but means that land is limited and the only way to grow is up. Seattle is home to iconic companies such as Amazon, Microsoft, Boeing, Apple and Uber, and demand for rentals is high.
The 26 level development will include 226 condominiums with stunning views of Puget Sound, Lake Union and Cascade Mountains. Shared facilities and parking will be included.