HOUSTON – WeWork, a co-working office space company, will open its first Houston location in The Jones on Main, a historic redevelopment in downtown Houston.
The office sharing WeWork concept is appealing to start-up firms, entrepreneurs and even Fortune 500 companies that need to have a regular presence in major cities.
The Jones on Main is a redevelopment of the 708 Main and 712 Main buildings by Houston-based Midway and Lionstone Investments. Colvill Office Properties is handling leasing at the property.
There’s no official statement on the WeWork lease, but people in the Houston real estate community say an announcement is forthcoming.
Plans for the iconic 708 and 712 Main buildings include, creating a collaborative and socially engaging environment via ground-level connection of the two buildings, the addition of hospitality-inspired amenities, as well as new street-level restaurant and retail spaces.
Built in 1908 and expanded in 1922, 708 Main has held a presence on Main Street in downtown for more than a century. Also known as The Great Jones Building, the office tower was originally home to the Texas Company (later Texaco), and then became the Bankers Mortgage Building.
Former Houston Chronicle publisher Jesse H. Jones kept an office in the building as work progressed on the adjacent Gulf Building.
The 712 Main office tower, is a 37-story Art Deco skyscraper houses the current Houston banking headquarters for JPMorgan Chase & Co.
The building was commissioned in 1929 by Jesse Jones and it remained the tallest building in Houston until 1963. The tower is a City of Houston Landmark and is listed on the National Register of Historic Places.
March 7, 2017 Realty News Report Copyright 2017