This relatively gritty Warehouse District warehouse appears to be the subject of some real estate speculation, reports Hair Balls’ Richard Connelly: A website for the Houston Studios building — home to a 10,000-sq.-ft. soundstage with a 30-ft. ceiling for video shoots, rehearsals, and other creative expressions — features renderings that show it as a cleaned-up commercial complex:
The owners of the property at 707 Walnut St. on the north side of Buffalo Bayou where the 3-story, 90,000-sq.-ft. building that dates to 1900 stands are not selling, the website makes clear, and an all-caps note suggests just how speculative these plans are: “CONTENT IN THIS WEBSITE MAY CHANGE FROM DAY TO DAY.”
Still: The renderings shown here do accompany a litany of hard sells to attract “any business that wants large open spaces with a high-tech/industrial look,” including
Architecural Firms, Advertising Agencies, High-Technology start-ups, a Downtown Medical Center, or support facilities for the Ballet, Opera or Alley Theater. It would also work great as a Fashion and Design Center with showrooms, offices and common-use areas for productions and displays. . . . [I]t would make an ideal indigenous . . . downtown Entertainment Center using the soundstage as a Performance Venue/Nightclub and the rest of the building for Shops, Bistros and Bars to support THE MAIN DRAW.
Though the website also details a way for tenants to secure a tax credit because of the building’s not-yet-applied-for historical status, it seems 707 Walnut remains open to other suggestions: “Property owners will consider demolishing the existing building and doing a ‘Build to Suit’ for super-credit-worthy tenants.”
- 90,000 S.F. Building with 10,000 S.F. Soundstage/Nightclub/Manufacturing Facility for Lease [707 Walnut]
- Houston Studios & Warehouse District: Big, Modern Development Coming? [Hair Balls]