Planned for the Midtown block surrounded by Main, Travis, Francis, and Holman streets: a new 90,000-sq.-ft. multi-tenant performing arts center that might look something like this. And after a city-hall vote this week, it seems more likely to be built: Council approved the sale of the property at 3400 Main St., currently a surface parking lot for the soon-to-be-former city permit office one block to the north, for $2.5 million.
The buyer and developer of the new building is the Independent Arts Collaborative, a consortium of local arts organizations — including Fotofest, Diverseworks, the Houston Arts Alliance, Musiqa, Suchu Dance, Opera Vista, Catastrophic Theater, Nameless Sound, the River Oaks Chamber Orchestra, and Main St. Theater. Also part of the deal: Another one of those 380 revenue-sharing agreements: This one will allow the developer to receive up to $6 million in reimbursements from increases in tax revenue resulting from the project.
Details of the building — as well as plans for several projects proposed nearby — were included in a study produced last year for the Houston-Galveston Area Council:
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