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Tema Development Inc. is nearing completion on One Hermann Place, a $75 million luxury apartment project across the street from Hermann Park.

The Houston developer broke ground in December 2014 on the seven-story, 224-unit apartment complex on 2.25 acres at 1699 Hermann Dr., near Jackson Street in the Museum District.

The project was formally called the Capella, a bright star that can be seen from the park. However, developers changed its name to One Hermann Place after finding out that the Capella…

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