The new owner of 812 Main St. (shown above) is the same entity that owns the JW Marriott next-door at 806 Main St. Well, sort of. Technically, the properties belong to 2 separate entities, but they both tie back to the same real estate overlord: Pearl Hospitality, a Houston-based hotel operator with a few extra properties in Lubbock. Pearl closed on the 812 Main St. building last month for $3.6 million.
Designed by Houston architects Joseph Finger and George Rustay the recently-transacted tower was completed in 1950 for the Battelsteins’s department store — which occupied each of its 10 floors. It’s now been vacant for roughly 30 years. Battlestein’s signage has been replaced by the smudges visible above the mural-ized storefront face in the photo at top. But 2 naked flagpoles remain on either side of where the lettering once was.
After visiting the property in December, 2015, PDG Architects estimated it’d cost nearly $17 million to renovate it into something suitable for office tenants to inhabit. Just bringing it up to code could cost $8 million, according to public records.
The JW Marriott next-door at Rusk St. — formally known as the Samuel F. Carter building — underwent its Pearl-Hospitality redo starting in 2010 with a bit of financial help from the city and HUD, as well as architectural know-how from Gensler:
Originally 16 stories when it was built in 1910, the building gained an extra 6 floors in a 1925 renovation. The 328-room hotel is now linked into the downtown tunnel system via a 7,200-sq.-ft. underground meeting space dubbed The Picasso.
- Our Hotels [Pearl Hospitality]
Photos: Swamplox inbox (812 Main St.); JW Marriott (806 Main St.)