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Category Archives: New Development

Spring Retail Center Underway

HOUSTON – (Realty News Report) – Construction has begun on Spring Plaza, a retail center at the corner of Spring Stuebner Road and Spring Plaza Drive on the north side of Houston. Capital Retail Properties is leasing the 13,000-SF center, which was designed by CDA Architects. The center, located south of the Grand Parkway and west of Interstate 45, is ... Read More »

Zadok to Develop Five-Story MXU Project on Post Oak Blvd. ; Wrecking Ball to Strike Strip Center Built by Gerald D. Hines

HOUSTON – (By Kyle Hagerty for Realty News Report) – Houston’s affluent Uptown area continues to put on the polish with news that Houston-based Zadok Jewelers will develop its own five-story, 112,000-SF mixed-use project with the Texas-based and nationally-acclaimed Michael Hsu Office of Architecture at 1801 Post Oak Blvd., abutting Uptown District’s highly anticipated Boulevard project. The plan is to ... Read More »

Hines’ New Skyscraper and the Future of Downtown Houston: Q&A with Tim Relyea of Cushman & Wakefield

HOUSTON – (Realty News Report) – On Wednesday, July 17, 2018, Hines and partner Ivanhoé Cambridge, announced construction of a new, 47-story, 1 million-SF office tower on the former site of the Houston Chronicle building downtown. While law firm Vinson & Elkins, signed a lease for 212,000 square feet and Hines will take 155,000 square feet, the new construction occurs ... Read More »

Crescent Adding Luxe Brownstones to Ritz-Carlton Development

DALLAS – (Realty News Report) – Crescent Real Estate is finishing up its Tower Residences at the Ritz-Carlton development with four upscale brownstone-style dwellings priced at $5.5 million to $6.5 million. The homes, designed by architect Robert A.M. Stern, will be constructed by Dallas builder Platinum Homes, a firm led by Mark Molthan. Kyle Crews of Allie Beth Allman & ... Read More »

The Sequel: Howard Hughes Corp. Starts The Woodlands Hills

CONROE, Texas – (Realty News Report) – Howard Hughes Corp., the developer of The Woodlands, has broken ground at The Woodlands Hills, a 2,000-acre community located about 13 miles north of The Woodlands. The Woodlands Hills will have 4,500 homes, retail development, 112 acres of open space, 20 neighborhood parks and a 17-acre Village Park. The first homes will open ... Read More »

22-Acre Portion of Greenspoint Mall with Old Macy’s Store Acquired for Development of Truck Stop

HOUSTON – A 22-acre portion of Greenspoint Mall, including the old Macy’s store, has been acquired for the development of a truck stop, reports Houston real estate broker Jim Mattox of Jim Mattox Properties. The 1.4 million SF Greenspoint Mall in north Houston suffered through the closure of a number of a number of stores, including Macy’s, which shut down ... Read More »

David Weekley to Build Townhomes in Hines’ Urban Mixed-Use Development in Jacksonville, Fla.

JACKSONVILLE, Fla. – David Weekley Homes will build 135 townhomes and detached single-family houses in Southside Quarter, a 105-acre mixed-use project being developed by Hines in Jacksonville. The homes will be part of Weekley’s Central Living brand. Central Living is the high-density division of David Weekley Homes offering residential options in prime locations and was first launched in Houston in ... Read More »

Expansion Era: Q&A with New Arch-Con President Jason Cooper

Houston’s real estate market has seen better times but Houston-based Arch-Con Construction is not feeling the effects since they have diversified across product types and into other metropolitan areas. Headed by CEO Michael Scheurich, Arch-Con has nearly 4 million-square-feet of commercial projects currently under construction with a projected revenue of $300 million for 2017, a 33 percent increase over last year. In Houston alone, the ... Read More »

Border Wall Will Require a Huge Eminent Domain Effort

HOUSTON –The proposed wall along the U.S.-Mexico border represents one of the largest eminent domain undertakings in the nation’s recent history, according to Deal Sikes & Associates, a Houston-based firm active in eminent domain counseling and representation. The border from San Diego to Brownsville, Texas spans almost 2,000 miles. Some 650 miles of the border has already been fortified with ... Read More »

Houston Office Leasing Diversified in 2016, CBRE Research Reports

HOUSTON – Houston’s energy companies accounted for only 18 percent of the office leasing activity in the city last year, a significant decline from historical levels, CBRE reports. But, in a demonstration of Houston’s diversified economy, companies in other industries stepped up and leased a large blocks of office space. Houston’s office occupier demand has diversified, reports CBRE. It’s not all about ... Read More »

CBRE Moving Its Austin Offices to New Google Tower

AUSTIN – The CBRE firm is moving its Austin office to the new 500 West 2nd building, a 29-story downtown tower about a block north of Lady Bird Lake. The 500,000-SF tower, slated to open in 2017, will be anchored by Google. The new office is part of CBRE’s global “Workplace360” initiative, the company’s cutting-edge approach to workplace strategy “designed ... Read More »

CVS Pharmacy Leases Space in New 40-story Downtown Residential High-Rise

HOUSTON – Woodbranch Investments Corp. announced that CVS Pharmacy will be the first retailer located in Market Square Tower, the new 40-story high-rise multi-family apartment building, the tallest residential tower in downtown Houston.. Located at 777 Preston St. in Downtown Houston’s Theater District, the high-rise apartment tower has 463 units. The new 13,000 SF CVS new store will be located ... Read More »

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