HOUSTON – SFT Investments is developing Fairview District, a mixed-use project in the Montrose area in the Inner Loop of Houston. Construction is slated to begin January 2017.
Fairview District will be comprised of four buildings, offering boutique office, restaurant and retail space, as well as a five-story parking garage. The project, located near the intersection of Fairview and Genesee streets, east of Montrose Boulevard, will have 30,000 SF of retail/restaurant space and 25,000 SF of office space.
The project is being developed by SFT Investments, a Houston firm led by Fred Sharifi, who owns Hungry’s restaurants and other commercial properties.
Gensler architecture has designed the Fairview District, which will have creative office space that could be appealing to tenants in the TAMI (Technology, Advertising, Media and Information) sector and other firms.
“Office tenants today are looking for an experience. They want to be inspired in their work space and also have direct access to progressive retail and dining concepts,” says Rima Soroka of CBRE, which is handling the leasing. “The lines between work and leisure are blurred. By creating a destination where work meets play, the Fairview District is the beginning of a special movement that blends flexibility with choice and provides Houston consumers with the urban experiences that they crave.”
Featuring a highly creative design concept, which includes industrial elements such as glass, brick and steel, as well as exposed 10-foot ceilings, Fairview District will be an attractive development for office tenants who desire in collaborative work environments.
Edge Realty is leasing the retail space.
Involved in Houston real-estate for four decades, SFT has been an early investor in the Montrose neighborhood, winning a 2012 Good Brick Award for its preservation of a historic commercial building at Fairview and Taft, home today to Cuchara restaurant and Max’s Wine & Dive. The developers, architects, and community stakeholders have worked together to provide local residents with a thriving pedestrian quarter.
“Fairview District will offer a rare urban experience in Houston: a cultural hub where young professionals and consumers mingle day and night, at work and play,” said Fred Sharifi of SFT Investments. “We are excited to work with industry leading partners, such as Gensler, to emphasize the pedestrian character of the neighborhood with ample parking to boot.”
Oct. 15, 2016 Realty News Report Copyright 2016