Downtown Houston is well positioned to convert some ... Of the 5 million square feet of office space designated for conversions, office-to-mixed-use (40%) and office-to-multifamily (30%) projects ...
The developers of the new hotel acquired the historic building after its previous owners turned it over to the lender to ...
That’s quite the bargain for downtown Houston, where average rents are about $2,150, some of the highest in the region, according to RentCafe. The concept of office-to-residential conversions has ...
A new plan to alleviate Houston's affordable housing crisis has the potential to kill two birds with one stone—add cheaper housing options and revitalize downtown's dreary vacant office space.
The local firm, led by Lewis Marks, acquired Timberway One, a 93,500-square-foot property at 15990 North Barkers Landing Road ...
Houston’s median rent was $1,297 in November ... Out of the approximately 40M SF of office space Downtown, about 17M SF worth is 30% or more vacant, Pew and Gensler said.
A Sugar Land-based developer is taking on the task of turning a storied downtown building into a boutique, 140-room hotel. .
Overall, at least a dozen former office buildings downtown have been converted to hotels, according to Downtown Houston. Marissa Luck is a senior real estate reporter at Houston Chronicle.
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