SERENTO CONDOMINIUM BREAKS GROUND

Houston, TX, March 5, 2007 – Construction fencing and huge cranes seem to be a fixture in the Texas Medical Center these days as new buildings and expansion of existing structures is underway. And it looks like it’s just the beginning. The TMC projected campus growth shows an increase of about seven million gross square feet through 2008, bringing the total physical space to 33 million gross square feet. This is six million more than what was projected in the 50 Year Master Plan that was published in 1999.

As new facilities and services are offered and expanded, employees, students and patients will want to avoid the traffic snarl of getting to their destination inside the medical center. The opportunity to live close-by is becoming very attractive. A new condominium development, Serento, creates that possibility. Situated on a quaint site at 2203 Dorrington Street off Montclair Drive, south of Holcombe, the Serento Condominium, is just three blocks from the Texas Medical Center main campus.

The Tuscan-inspired mid-rise will be comprised of 44 one and two-bedroom residences in four stories with a single-story garage at street level. A state-of-the-art fitness center will also be located at street level, and a large terrace for entertaining is situated on the first level. Controlled-access in both garage and lobby enhances building security.

Interior home features include 9’ and 10’ ceilings, crown molding, large windows, recessed lighting, ceramic and hardwood floors, granite countertops and stainless appliances including electric wine cooler.

Serento Condominium offers seven floor plans ranging in size from 819 to 1445 square feet and priced from the low $200’s to the high $300’s. Thirty percent of the residences have been sold.

Construction has begun, and expected completion is in early 2008.

Serento Condominium is the third mid-rise residential project developed by innerLoopCondos.com, a Houston-based company created in 2004 by Group LSR, an international real estate development company. The Vistas at Midtown was completed and sold out in 2006, and the second project, Piedmont at River Oaks, is in the final stages with some owners already moving in. Future development inside the loop is planned. For more information, visit www.innerLoopCondos.com.