The team at Braun Enterprises has bought up a series of properties wedged between the Metropolitan Multi-Services Center on West Gray St. and the electrical substation at the corner of Peden St. and Dunlavy, including the 2 retail buildings pictured above. Braun bought up a total of 5 separate parcels in 4 transactions this year, including the offices of Miner-Dederick Construction at 1532 Peden, and retail spaces at 1515, 1705, and 1707 West Gray. That’s a bit shy of an acre in total. Real Estate Bisnow’s Catie Dixon reports Braun is considering selling, leasing, redeveloping, or building something for a future tenant on the property. Here’s a rendering from Braun showing what a renovation of might look like:
The rendering appears to be centered on what’s now the parking lot between 1705 West Gray (on the right) and the International Hair Salon and Nail Spa, shown here in a new pizza-joint incarnation.
Braun previously turned the former Harold’s in the Heights clothing store on 19th St. into a complex that includes Torchy’s Tacos and the Heights General Store; it’s also the landlord of the just-closed Lucky Burger.
- Buy Five, Redevelop Five, Sell One Million [Real Estate Bisnow]
- Partnership Led By Braun Enterprises Closed On Four Separate Parcels From January 2014—May 2014 [RED News]
Rendering: Braun Enterprises, via Real Estate Bisnow. Photo: LoopNet