11/29/17 5:00pm

Work is almost complete on Pipeline Realty’s conversion of the 2-story office building at 2617 Bissonnet (seen at top in a recent photo) into a new second-story coworking space called Local Office. The 13,500-sq.-ft. building, pictured above before the 2 trees standing in front were removed and larger windows were poked into its north and west facades, previously served as the offices of Industrial Audio/Video.

Local Office, due to open sometime next month, will be joined early next year by a ground-floor coffee shop, labeled “Local Coffee” on the rendering below but more likely to be a third outlet of the growing local Cavo Coffee chain:

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Offices of West University
11/13/17 4:00pm

Here’s what’s expected to park in the garage at Montalbano Tire and Auto Service after the business shuts down next week: a restaurant or 2, retailers, and office tenants. Kaldis Development Interests purchased the .81-acre property at 1302 Houston Ave in mid-October and plans to renovate it before reopening it as a 15,000-sq.-ft. retail-and-office center.

On the Houston Ave front (see top drawing), windows would be fitted into the building’s current garage bays, with a restaurant patio facing the street at the northern end. On the south side, the metal structure facing Dart St. would be punctured with new window bays as well as doors for individual storefronts.

According to the site plan for the proposed new development (below) 7 head-in parking spaces off of Houston Ave would remain after the redo:

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First Ward Redo
10/18/17 10:30am

HOW A CANADIAN PENSION FUND FOUND ITS WAY TO SWALLOWING A BUNCH OF HOUSTON OFFICE BUILDINGS Ralph Bivins explains how it came to pass that the Canada Pension Plan Investment Board, with its now-completed purchase of REIT Parkway, became the owner of 8.7 million sq. ft. of office space in Houston, including Greenway Plaza, CityWest Place, San Felipe Plaza, the Phoenix Tower, and Post Oak Central: “At one time Cousins and Parkway were separate companies with sizable holdings in Houston. The Houston office market tanked when oil fell from a high of $107 a barrel in June 2014 to less than $30 a barrel in early 2016. Houston energy firms laid off thousands of employees and vacated huge chunks of office space. Publicly traded firms with significant portfolios of Houston office space were under pressure. Security analysts criticized them. So Cousins and Parkway merged, all of the Houston properties were stripped out and placed into a new company, Parkway Inc. Now, the oil markets have stabilized. Houston’s office market is still soft and vacancies are high, but it appears to be on the road to recovery.” [Realty News Report] Photo of Greenway Plaza: Brent Oldbury, via Swamplot Flickr pool  

09/27/17 2:30pm

Here are a couple renderings from the Michael Hsu Office of Architecture in Austin of the new 3-story building the firm is designing for the corner spot at 2132 Bissonnet St. in Boulevard Oaks. A representative of the Platform Group, the building’s developer, tells Swamplot an “all-day cafe/coffee shop” is being planned for the ground floor, and that the upper 2 floors will contain “boutique office space.” The cafe won’t be a Gringo’s Tex-Mex, but the developers do have a connection to that restaurant chain: The Platform Group is headed by a son and daughter-in-law of Gringo’s owner Russell Ybarra.

In the top rendering, the 11,300-sq.-ft. building is shown lining Shepherd Dr., with an L-shaped parking lot wrapping around it. A patio with outdoor seating will go in front of the structure along Bissonnet St. The Houston office of SWA Group is designing the landscape.

Here are views of the current site from similar angles:

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Remaking Boulevard Oaks
04/06/17 11:30am

Retail Center planned for 628 E. 11th St., Houston Heights, Houston, 77008

628 E. 11th St., Houston Heights, Houston, 77008

628 E. 11th St., Houston Heights, Houston, 77008Retail plans along the stretch of E. 11th St. west of Beverly St. look to be moving in a more concrete direction once again — SRS has started advertising available square footage in a double-decker strip center planned on the eastern half of the block. The design for the site has been totally overhauled since the original ads for a Park Place on 11th development (the weathered signage for which is still hanging around on the property, and has been for the better part of a decade.)

The potential footprint of the retail space spreads all the way from Beverly St. to just east of metals brightener Bright Metals of the Heights.  A leasing siteplan shows the center insulated from the 11th St. traffic by a breathable dual layer of parking spaces — and even a triple layer on the Beverly St. side:

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2X 11th
03/22/17 4:30pm

Crane at under-construction Capitol Tower, Capitol St., Downtown, Houston, 77002

Another shot of that crane that took to the air this weekend by the economy-stalled stub of Skanska’s Capitol Tower comes from a reader peering over the site’s parking structure from Rusk St. yesterday. (That’s the neighboring Chase Tower looming over the scene in the background.) Bank of America was outed as being in talks with Skanska about leasing space in the tower (which might add the bank’s current home in Bank of America Center to the list of recent abandonments of Downtown office towers by their namesake tenants). The other sign of life on the site this year was the addition of a street-level mural to the parking garage’s corner, which was dry in time for the Super Bowl last month:

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Sprouting Downtown
03/06/17 1:45pm

CityCentre Phase III block, 908 Town and Country Ln., CityCentre, Houston, 77024

The duo of 1970s midrises and their parking garage companion on the I-10 block edged by Town and Country Way, Ln. and Blvd. has gotten the ol’ chain-link wraparound in the last few weeks, a reader notes. Midway bought the office park a few years ago to assimilate it into the northern side of the CityCentre complex; since the purchase, 15-story office highrise CityCentre Five has been completed, across Town and Country to the south (and visible on the left above).

Plans for the freshly barricaded block appear to include those 2 planned office towers Midway started trying to lease out last year; previous renderings of the spot also include a residential highrise:

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Pushing North to I-10
02/08/17 11:00am

HOW MANY DOWNTOWNS DOES HOUSTON HAVE? Williams Tower, 2800 Post Oak Blvd., Galleria Area, Houston, 77056The list of Houston neighborhoods with potential to be mistaken for Downtown by outsiders, Blake Mathews of KHOU writes this week, is long, and includes at least “Uptown (Galleria), the Texas Medical Center, Greenspoint, Greenway Plaza, The Woodlands and perhaps even Westchase.” So what makes a Downtown? Mathews runs through some factors for consideration, ranging from the city’s population density center (which falls somewhere west of Downtown) to total office space (Uptown has less than downtown Houston, but more than downtown Denver) to building height (with a specific shoutout to the Williams Tower, pictured here.) [KHOU] Photo of Williams Tower: Russell Hancock via Swamplot Flickr Pool

01/27/17 5:30pm

Dillon Kyle Architecture office, 1500 W. Alabama St., Menil, Houston, 77006

Dillon Kyle Architects’s new dramatically cantilevered headquarters at 1500 West Alabama at the corner with Mulberry St. is now largely enveloped by the leafy wooden screens mentioned in the firm’s announcement of the building early last year. The company moved into the space in December, around the time work crews wrapped up most of the cherry-picker-assisted installation of the paneling (shown below):

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Both Made of Trees
12/14/16 12:45pm

BP MOVING ONSHORE HQ OUT OF HOUSTON, WAY FURTHER ONSHORE Helios Plaza, Energy Corridor, Houston, 77079BP announced today that it plans to move the main office for its onshore oil and gas branch to Denver at the start of 2018, starting with about 200 employees (compared to about 450 currently in the Houston office). The company announced late this summer that it was pulling its employees out of the WestLake 4 tower (about 7 years before that lease would’ve been up); that news was followed up a few days later with an announcement that BP would also sell off its LEED-platinum Helios Plaza building (pictured above), which it built in 2010 as a trading office. The plan at the time was to lease back space in Helios from the new owner; the rest of the company’s Energy Corridor employees will stay in the WestLake 1 office tower, which BP also owns. [BP Media Affairs via Houston Chronicle; previously on Swamplot] Photo of Helios Plaza at 201 Helios Way: BP

12/12/16 11:15am

Rendering of Heights Market, 7122 Old Katy Rd., Hempstead Industrial, Houston, 77055

7122 Old Katy Rd., Hempstead Industrial, Houston, 77055

Here’s a peek at what the old Delta Fastener warehouse at 7122 Old Katy Rd. might look like once Braun Enterprises gets done with it. The property — located just inside the W. Loop in that wedge of industrial parks hemmed in by I-10 and Hempstead Rd., west of Cottage Grove — was snagged by Braun at the end of November. A handful of renderings from Tipps Architecture (also behind the design for another of Braun’s not-in-its-namesake-neighborhood redevelopments) depict the 57,845-sq.-ft. warehouse done over in brown and bearing the label Heights Market.

The renderings show some new windows, large and small, sliced into exterior of the 1940s warehouse, and an existing loading dock redone as a cafeteria space:

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Changes for Delta
11/04/16 5:15pm

100 Main St. north of Franklin St., Downtown, Houston, 77002

A reader sends a few shots from the corner of Main and Franklin streets, where the family that owns La Colombe D’Or is now turning the 1890’s-or-so buildings at 104, 108, 110, and 114 Main into co-working space. The ground floor of the block (occupied in large part by the Bayou Lofts building) has seen some tenant movement too in the last few years; signage for bars Gossip Ultralounge, Barringer Lounge, and recently-opened Lilly & Bloom can all be spotted hanging out while exterior work is underway.

As for the Franklin side of the block: Next to watch-shop-turned-whiskey-bar Houston Watch Company, The Brit will be moving into what was once PI lounge at 911 Franklin; a bit further west, past newly-opened La Calle Tacos & Tortas, the space formerly holding that beer incubator that closed after a naked Twister incident is being prepped for bottle shop Craft Beer Cellar:

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Main St. Move-Ins
10/14/16 12:30pm

Rendering of Fairview District

Fairview + Mason renderingsAbove is an updated view of plans for the stretch of Fairview St. between Taft and Genesee being redeveloped by the owner of the redeveloped restaurant strip containing Cuchara and Max’s Wine Dive — a CBRE marketer announced that the project will be branded as the Fairview District, and will include 4 buildings of the mixed-office-retail-restaurant variety. In the center of the rendering above is a sleeker view of the 5-story bike-encrusted parking garage previously drawn up for the former site of Meteor Lounge (which sent its drag show over South Beach and shut off the showers for the last time over the summer). It’s unclear from this vantage whether the garage’s bicycle decor is still part of the plan for the area, but some bike lanes appear to be. The glassy structure on the far left looks to be the standalone structure planned for the parking lot next to Max’s Wine Dive (previously tagged as a dessert shop): CONTINUE READING THIS STORY

Viewing Fairview District
10/12/16 1:15pm

COUSINS AND PARKWAY MERGER BETTING ALL AND NOTHING ON HOUSTON’S OFFICE SPACE MARKET 3555 Timmons Ln., Greenway Plaza, Houston, 77027 Last week’s merger between real estate investment trusts Cousins Properties and Parkway Properties still resulted in 2 companies, notes Ralph Bivins this morning: the freshly combined firms, keeping the Cousins name, have now moved all of their Houston office holdings (along with nothing else) into a separate trust. The sequestered Houston investments are inheriting the Parkway name (that’s New Parkway, to head off any confusion), as opposed to the originally announced HoustonCo. New Parkway’s properties add up to about 8.7 million sq. ft., including Greenway Plaza (which Cousins bought back in 2013) and 4 other properties in Upper Kirby, Uptown, Tanglewood, and Westchase. Here’s a chance to buy in, Bivins writes, “whether you believe the Houston office market has reached the bottom or not” — noting also that there’s “about 3 million sq. ft. of new buildings still under construction.” [Realty News Report; previously on SwamplotPhoto of 3555 Timmons Ln.: Unilev

09/20/16 3:15pm

SHELL’S DOWNTOWN OPERATIONS TO SHED OFFICES, SCURRY OVER TO LARGER WEST HOUSTON CAMPUSES One Shell Plaza Office Tower, 910 Louisiana St., Downtown HoustonMore than half a decade after the local fretting about it started, Shell has announced that it will leave One Shell Plaza, writes Cara Smith this morning. Moreover, the company will drop nearly all of its other Downtown holdings as well, including the previously announced removal of recently-ish acquired BG Group from BG Group Place. Smith writes that the only announced exception to the pullout is Shell’s trading group at 1000 Main; the rest of the company’s downtown workers will move by early 2017 into either the Technology Center at Hwy. 6 south of Richmond Ave. or into the company’s Woodcreek campus along I-10 (south of the Addicks reservoir). [HBJ; previously on SwamplotPhoto of One Shell Plaza: Antonio Foster-Azcunaga