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Hines Buys Cafe Adobe Site for Houston Apartment Construction

HOUSTON – Hines, one of the largest real estate development firms in the world, has acquired the Cafe Adobe restaurant property on Westheimer Road in Houston for a new apartment project, according to The restaurant’s remaining TexMex eateries will remain open, but the original Cafe Adobe, 2111 Westheimer, one block west of Shepherd Drive, has been purchased by Hines. ... Read More »

Hines Developing Midrise Apartment near Houston’s Galleria

HOUSTON – Hines, the international real estate firm, along with joint venture partner, Hines Global REIT,  will build WaterWall Place, a seven-story, 316,000-sf, 322-unit  for-rent residential project in Uptown Houston, adjacent to the Galleria mixed-use development. The apartment building will be located on a three-acre site at the northeast corner of Hidalgo Street and McCue Road, overlooking the Gerald D. Hines Waterwall Park. ... Read More »

Marvy Finger Developing Multi-Family Next to Minute Maid Park

HOUSTON — Apartment developer Marvy Finger is developing a seven-story apartment building adjacent to the left field wall of Minute Maid Park, home of the Houston Astros. The 380 unit project will be located  on two downtown blocks bounded by Preston, Crawford, Texas and La Branch streets, according to a report in the Houston Chronicle. When the stadium was new Trammell Crow ... Read More »

Skanska Pays $16 Million for Energy Corridor Property in Houston

HOUSTON – Skanska USA has purchased a 21-acre site in the Energy Corridor district of west Houston for a future office park, according to a report in the Houston Business Journal. The property, 15375 Memorial Drive, has a 350,000-square-foot building that was formerly used as the offices of Arco. Russell Ingrum of CBRE represented the seller, Allstate Insurance. The Skanska redevelopment ... Read More »

Forty-Two Story Museum Tower Topped Out

DALLAS — The developers of Museum Tower residential project announced  that the building’s construction has reached the 42nd floor.  With construction rapidly progressing toward a completion date in late 2012, a topping out lunch for the over 1,500 workers will be hosted by the general contractor, Austin Commercial, to mark the milestone.    “Museum Tower is truly a unique project. The ... Read More »

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