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Category Archives: New Development

CityPlace: A Massive Mixed-Use Project (with 4 Million Sf of Office) to be Built Adjacent to Exxon Mobil Campus

Houston – CityPlace, a massive urban village development with 4 million square feet of office space, retail space, hotel and multifamily will be developed around the new Exxon Mobil campus north of Houston. A development venture comprising Patrinely Group, CDC Houston and USAA Real Estate Company announced project details for the new 60-acre CityPlace, formerly known as Springwoods Village Town ... Read More »

Hines to Build 40-Story Tower in Downtown Denver

DENVER – Hines, the Houston-based real estate firm, announced plans for a new 40-story office tower in Denver, the first building of that magnitude to be built in the Mile High City in nearly three decades. “We are very excited about introducing this new icon to the Denver skyline. 1144 Fifteenth will set a new standard for Denver’s high-rise office ... Read More »

Wood Partners Building 313 Units in Dallas

DALLAS – Wood Partners has broken ground onAlta Farmers Market, a 313-unit apartment community on 4.7 acres near the Dallas Farmers Market in downtown Dallas. “We broke ground on Farmers Market just over a month ago and are making great progress,” said Wood Partners development associate Ryan Miller. “With the revitalization of the Dallas Farmers Market next door and a ... Read More »

Energy Corridor Building Breaks Ground

KATY, Texas – Myers, Crow & Saviers, Ltd. is developing Mason Creek Office Center II in the Energy Corridor, west of Houston. The three-story, 127,955-sf office building is the second phase of the Mason Creek Office Center project, following the lease-up of Phase I by GEICO in December 2013. Construction of the second building, 1700 Merchants Way, Katy, near Mason Road ... Read More »

New Midtown Houston Office Project to be Leased by Transwestern

HOUSTON – Transwestern has been retained to lease a proposed office building in Midtown Houston, one of the first office projects to be built in the area in years. The office building, will be part of a mixed-use project with office, apartments and retail. Midtown is located south of downtown and north of the Texas Medical Center. The eight-story office ... Read More »

Go West: New Office Project Expands Energy Corridor into the Western Prairie

HOUSTON – Freeway Properties, a Houston firm led by Mike Baker, has broken ground on a six-story office building, which the developer says is a notable westward expansion of Houston’s Energy Corridor. The 151,000-square-foot Katy Ranch Offices Phase I will be the first mid-rise office building to be built west of the Grand Parkway in Katy, the developer says. Located ... Read More »

Massive Michelin Tire Warehouse to be Built by Transwestern Unit

WILMINGTON, Ill – One of the largest build-to-suit warehouses in the nation iis being developed near Chicago for Michelin tire company. Ridge Development announced Michelin, the tire manufacturer, will lease 1.7 million square feet of distribution space to be constructed at the RidgePort Logistics Center in Wilmington, Illinois, 40 miles southwest of Chicago. Construction is scheduled to begin soon, with ... Read More »

Crescent Prepares to Break Ground on 30-story Downtown Tower

HOUSTON – Crescent Real Estate Holdings LLC announced it has hired Balfour Beatty Construction as the general contractor for 6 Houston Center and the downtown Houston project will break ground this summer. Located on Block 95, bounded by Rusk, Caroline, Walker and San Jacinto streets, the 30-story, 600,000-square-foot office tower will be the latest addition to the Houston Center development. ... Read More »

Midway Adding Eight-Story Apartment to Kirby Grove Project

HOUSTON –Midway Cos. will develop Avenue Grove, a 270-unit multifamily project to its Kirby Grove mixed-used development near Kirby Drive and Richmond Avenue in central Houston. With construction of an office tower well under way at Kirby Grove, Midway is beginning site preparation for the apartment project, on prime site on the southwest corner of Eastside Street and Levy Park. ... Read More »

Avera Builds Up Assemblage in Dallas-Area Business Park

DALLAS – AVERA has added to its industrial land holdings North Texas with the acquisition of Valwood 40 in the Dallas area. Valwood 40 is a 7.2 acre site located in Valwood Park. Valwood Park is a 400 acre, master planned industrial park in the Dallas Market, developed by the Woodbine Development company in the Farmer’s Branch/Carrollton area, less than ... Read More »

Hines Developing Tower in Downtown Dallas

DALLAS – Hines, the Houston-based real estate firm, announced plans for a new 23-story office tower in Victory Park in downtown Dallas near the Stemmons Freeway. The 470,000-square-foot building will have prominent visibility along Interstate-35 and include 15 levels of office space with panoramic views of Uptown, Downtown, American Airlines Center, Design District, Trinity River, and the Margaret Hunt Hill Bridge. ... Read More »

Piedmont REIT Breaks Ground on Energy Corridor Office Project

HOUSTON – Piedmont Office Realty Trust will break ground this week on Enclave Place, a 300,000-sf, 11-story office building in the Energy Corridor of west Houston. The office market in the Energy Corridor is exceptionally strong. Class A office space has been hovering around 99 percent occupancy for some time. The Piedmont building will be constructed on a 4.7-acre development ... Read More »

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