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Realty News Report Award: Best Substitution of The Year

Ralph Bivins’ Realty News Report Awards – The Best of Houston 2015

Realty News Report editor Ralph Bivins has selected the most significant projects, deals and ideas of the Houston real estate market for 2015. These aren’t necessarily the largest or the first. But the deals point to future trends, potential gold mines, noble visions and notable accomplishments by the smart professionals who are making them happen.

Realty News Report Award for:

GreenStreet, a mixed-use project in downtown Houston, by Midway Cos. and Lionstone Investments.

GreenStreet, a mixed-use project in downtown Houston, by Midway Cos. and Lionstone Investments.

Best Substitution of the Year – Former NBA star Magic Johnson of Canyon Johnson real estate, is out of the GreenStreet mixed-use project in downtown Houston. Replacing Johnson,  Lionstone Investments became a partner with Midway Cos., in redeveloping the downtown project, which opened seven years ago as Houston Pavilions. With a new generation of owners, plus new public improvements elevating the walkability and landscaping on the adjacent Dallas Street, the GreenStreet project seems poised to take root and flourish in 2016.

 

ANNOUNCEMENTS OF THE 2015 REALTY NEWS REPORT AWARDS

Visionary of the Year – UT System Chancellor William McRaven

Best Construction Project of the Year – Daikin Industries

Best Retail Deal of the Year – San Jacinto Mail

Best Redevelopment Deal of the Year – Downtown Post Office

Best Substitution of the Year – Lionstone/GreenStreet

Best Hotel Project of the Year – Sunday

Best Industrial Project of the Year – Monday

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