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Category Archives: New Development

Cousins Starts $44 Million Office Development in Austin

AUSTIN – Cousins Properties Inc.  plans to commence construction on Research Park V, a $44 million project in northwest  Austin. The 173,000 square-foot office development is the last building in a five-building complex which Cousins has developed. “We have a long, successful history in Austin and are very excited about the opportunity to bring new Class-A product to the rapidly tightening ... Read More »

Fidelis Buys 112 Acres at Camp Strake for 750,000 SF Mixed Use

HOUSTON – Fidelis Realty Partners has acquired a 112-acre tract of prime retail property at the former Camp Strake site where it plans to develop a regional shopping, dining and entertainment destination spanning 750,000 square feet. Camp Strake was used as an outdoor recreation site by the Boy Scouts for many years until Johnson Development bought the camp in 2013. ... Read More »

Novare Starting Another High-Rise Residential Tower in Downtown Houston

HOUSTON – The Novare Group is planning another SkyHouse-branded residential high-rise tower in downtown Houston. The 24-story building will be located across the street from its recently completed SkyHouse Houston, 1625 Main Street. The new building, called SkyHouse Main, will be a 335-unit project with ground-floor retail. Construction on the 24-story will begin later this year and is slated to ... Read More »

Groundbreaking for New Houston Office Building on Site of Former Courtyard on St. James Wedding Venue

HOUSTON – Groundbreaking has been held for an office building that is being constructed on the site of the old Courtyard on St. James wedding venue in Houston. Nelson Murphree Legacy Partners, LLC held a ground breaking ceremony this week for its new boutique-style office project located at 1885 St. James Place just northwest of the Galleria in Houston, Texas. ... Read More »

Austin’s First Downtown Tower Since 2003 to Open Almost Fully Leased

AUSTIN – The 29-story Colorado Tower, the first downtown office tower built in Austin since 2003, will be completed at the end of the year almost fully leased. Cousins Properties I has signed five new leases totaling 157,279 square feet at Colorado Tower in downtown Austin. Leasing at the 373,000 square-foot, Class-A office development is now 95 percent, up from 51 ... Read More »

Another Energy Corridor Office Building Started by Skanska

HOUSTON – Skanska USA Development has started construction on a $100 million office building in the Energy Corridor district in west Houston. West Memorial Place II will be a 14-story office building with approximately 380,000 square feet of rentable space. It is targeted for LEED Platinum certification. The new office building will be adjacent to West Memorial Place I, Skanska’s ... Read More »

Hines Pouring Foundation This Weekend for 48-story Office Tower

HOUSTON – Downtown Houston will be lined with a parade of concrete trucks this weekend as Hines, the Houston-based real estate firm, undertakes a massive concrete mat pour for the foundation of a 1 million square-foot office tower. The process will run more than 17-hours to set the foundation for Houston’s next  skyscraper – 609 Main at Texas Avenue. The ... Read More »

The Woodlands, Part 2: Woodlands Developer Buying 2,000 Acres for Community 13 Miles North of The Woodlands

THE WOODLANDS, Texas – The developer of The Woodlands is buying 2,000 acres for a sequel to Houston’s largest master planned community. The site, where home sales will begin in 2016, is 13 miles north of The Woodlands on the west side of Interstate 45 near League Line Road and the Conroe community. The owner of The Woodlands, Dallas-based Howard ... Read More »

New $76 Million, 110,000-SF Greater Houston Partnership Building is Underway

HOUSTON – The Greater Houston Partnership has announced plans for a new $76 million 110,000-square-foot headquarters office building and parking garage adjacent to the city’s convention center. The Partnership will occupy the top two floors of the downtown facility, which will be built on a parcel bounded by Rusk, Capitol, Avenida De Las Americas and U.S. 59. The project’s 1,900-space ... Read More »

Hines Taps David Weekley Homes and Ashton Woods Homes for New Tampa MPC

TAMPA, Fla. – Hines, Houston-based real estate firm, has announced that Ashton Woods Homes and David Weekley Homes will build houses in Hines’ new master-planned community in Tampa. Hines recently acquired 536-acre Behnke Ranch property in Tampa, on which the firm will develop a signature mixed-use, master-planned community, will now be named Asturia. Asturia has approved zoning and entitlements in ... Read More »

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