BIZ BUZZ | LAURA ELDER
Saturday January 9th
This article originally appeared in The Galveston Daily News
Learn more about these luxury apartments in Galveston
Galveston Daily News – Biz Buzz

The view from an 11th-floor apartment in the United States National Bank Building, 2201 Market St. in Galveston, looks over the East End of the island from the ship channel to the beach.
Luxury complex prepares for move-ins
Apartment department: After more than a year of construction, tenants soon will begin moving into long-awaited luxury apartments at the iconic 12-story United States National Bank Building, 2201 Market St. in the island’s downtown. After at least $15 million in renovations that began in the spring of 2019, the city has granted a certificate of occupancy for the building, which will feature 63 apartments, said Tom Schwenk, owner and broker of Tom’s Galveston Real Estate, the sole leasing agent for the building. Developer Hadar Goldman nearly eight years ago acquired the building, a longtime home to bank and business offices, with plans to convert part of it to luxury apartments with modern amenities while preserving its history. Frost Bank continues to lease the second and third floors of the building, while Kempner Capital Management remains on the second and third floors. Demand is high for the apartments, where rental rates range from $1,250 to $3,000 depending on unit size and views, Schwenk said. Already, three tenants have signed leases, he said. There’s much interest from University of Texas Medical Branch students, nurses and retirees from Houston, among others. Tenants can begin moving in Feb. 1, he said.
A rooftop pool at the 12-story United States National Bank Building, 2201 Market St. in Galveston, gives a nearly 360-degree view of the island.