The Village News is reporting that the Hanover Company has purchased the 4.5-acre site in the Rice Village once slated for Randall Davis’s Sonoma development, and is ready with plans to build a large — though far less grandiose — retail-and-apartment project on the site. Davis and partner Lamesa Properties made a mess of the site 2 years ago, purchasing a stretch of Bolsover St. from the city and demolishing several buildings’ worth of retail and office space before facing the credit markets and figuring out they wouldn’t be able to get financing for the project.
Hanover’s project, called
Plaza View Hanover at Rice Village, is scheduled to include 385 “high-end” apartments, 14,000 sq. ft. of retail or restaurant space, and a multi-level parking garage, all in what its designers label a pedestrian-friendly design. What’s that plaza we’ll be viewing? An almost-17,000-sq.-ft. public space along Morningside, with a “water feature, grass lawn, large trees, and restaurant dining spaces.” According to Hanover executive veep John Garibaldi, 55,000 sq. ft. of retail space, 34,000 sq. ft. of office space, and an 8,000-sq.-ft. grocery store were cut from the earlier Sonoma plans. Much of the towering nouveau pomposity of the Sonoma design has been cut too. Along Kelvin St., Hanover’s buildings will reach 6 stories tall; 5 stories along Morningside and Dunstan.
The Houston development firm says it plans to begin construction in July. Because of the agreements left by Lamesa and Davis, Hanover won’t need to renegotiate the terms of the Bolsover St. takeover:
The City of Houston has reviewed and confirmed that the Hanover proposed development conforms to the existing Development Agreement issued for the closing of Bolsover for the Sonoma Project. . . .
“It complies with the previously negotiated restrictions so no council action is needed,” [council member Anne Clutterbuck] says.
- New Owner and New Life for Multi-Use Project in Rice Village [Village News]
- Sonoma coverage [Swamplot]