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Realty News Report Awards: Best Hotel Project 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:

The historic Stowers Building in downtown Houston is being transformed into an Aloft hotel. The Stowers building is next to BG Group Place, a tower developed by Hines.

The historic Stowers Building in downtown Houston is being transformed into an Aloft hotel. The Stowers building is next to BG Group Place, a tower developed by Hines.

Best Hotel Project of the Year – Thank God for developers who restore Houston’s historic buildings instead of tearing them down. Built in 1913, the 10-story Stowers Furniture building, located at 820 Fannin in downtown Houston, is being transformed into a 173-room Aloft hotel. The developer is Bill Franks, who recently directed the historic redevelopment of a J.W. Marriott on Main Street. Over the years, Franks has played a huge role in saving and redeveloping many historic buildings.

 

 

 

 

 

 

 

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 – Aloft/Historic Stowers Building Redevelopment

Best Industrial Project of the Year – Monday

Jan. 10, 2016

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