Two days after Swamplot reported the local-tech-nerd-soul-crushing rumor that Amegy Bank has purchased the Post Oak Park–West Loop site of computer retailer Micro Center, a few new and possibly conflicting (but maybe not) pieces of information have emerged about a possible deal. Yesterday, in response to a reader question posted on the Micro Center Facebook page, the company posted what at first appears to be an outright denial of the rumor:
“The Micro Center property has not been sold,” reads the report, which bears its own quotation marks. “Houston is a very strong market for us, and we have no intention of leaving. Our Customers have appreciated our offerings and shopping experience for 20 years, and we can assure them the same and more for years to come.”
But separately, Swamplot has heard from a source not involved in the project — but who’s in a position to know about it — who confirms that Amegy is proceeding with the design of a tower on the Microcenter site at 1717 West Loop South. And a user on HAIF has identified BG Group Place architects Pickard Chilton as the architect, and Hines as the developer. So — do these 2 pieces of information conflict with each other?
Maybe not, if you parse Micro Center’s “denial” carefully. The company’s statement only says that it has not sold the property, not that it never will or that it does not have current plans to. But it states that the retailer has no intention to leave the Houston market, and even hints at changes in the future. If Micro Center had an agreement in place to sell the property, and plans to reopen the store in a new location, those circumstances would match its statement perfectly.
- Micro Center to be replaced with 10-12 Story Amegy Bank? [HAIF]
- Previously on Swamplot: Did Micro Center Just Sell Its Houston Location to Amegy Bank?