BREAKING NEWS

RNR Real Estate Briefs – HOU, AUS, DAL & more

Hines Lands Berg Restaurant in Downtown Tower

Harold Farb Skyscraper Sold

Hotels Sold for $137 Million

High Mortgages Frustrate Buyers

RNR Real Estate Briefs – HOU, AUS, DAL & more

REALTY NEWS REPORT - Logo

Banner
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Historic Downtown Residential Tower Slated for a Redo

by Realty News ReportFebruary 7, 2020July 5, 2020
Share0
Commerce Towers

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

Read The New Book for the New Year by Ralph Bivins, Editor of Realty News Report 

 Houston 2020: America’s Boom Town – An Extreme Close Up

Available on Amazon  http://tiny.cc/4a2g6y
Share0
previous post
Mexican Firm Locates at El Campo Industrial Park; Rail Line to Mexico is Key
next post
Houston Retail Real Estate was Strong in 2019 — But What About 2020?

Related posts

RNR Real Estate Briefs – HOU, AUS, DAL & more

Realty News ReportMarch 31, 2023

Hines Lands Berg Restaurant in Downtown Tower

Realty News ReportMarch 30, 2023

Harold Farb Skyscraper Sold

Realty News ReportMarch 29, 2023March 30, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
Property Logos
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
Evergreen Commercial Realty
STREAM Ad
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact