HOUSTON – (Realty News Report) – Commerce Towers, a historic residential high-rise in downtown Houston is getting ready for its close-up.
Premier Towers LP, owner of the 25-story building, says a “major makeover” is in the pipeline. The 140-unit property includes a mix of rental units and owner-occupied condominiums.
The building, 914 Main Street, was originally constructed in 1928 by Jesse H. Jones, a real estate developer, businessman and former publisher of the Houston Chronicle.
Purchased in 1999 by Premier Towers LP, Commerce Towers has undergone one other renovation completed in 2004. Each individual unit is unique to the building, with square footage of up to 4,500 SF, a large size home which is a rarity in downtown. The smallest units are about 1,300 SF.
With a total of 140 units, 71 units are owned by Premier Towers LP, including multiple built-to-suit penthouses, and the remaining units are owned by individuals.
“We’re excited about the changes that will be implemented in order to support the long-term vitality of the property,” said Nosson Dubin, Vice President of Business Development. “Our goal is to enhance the Commerce Towers experience for our current and future residents.”
While the timeline and specific details have not been disclosed, the renovations will include modern updates to the lobby, major improvements to the amenity areas such as the pool deck, workout room and party rooms, and exterior renovations that will preserve the historic appeal of the building.
With a total of 140 units, 71 units are owned by Premier Towers LP, including multiple built-to-suit penthouses, and the remaining units are owned by individuals.
The building is located on a block bounded by Main, Travis, Walker and McKinney.
Feb. 7, 2020 Realty News Report Copyright 2020
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