Provident Realty closed yesterday on the former Texaco Building at 1111 Rusk, catty-corner from BG Group Place, and says it will begin renovations and new construction on this Hnedak Bobo Group-designed residential highrise just as soon as it can get the permits.
Yesterday’s announcement doesn’t specify how high the new highrise will rise, but info that Swamplot published in May suggest that it could stand as tall as 38 stories. Houston Business Journal reports that the project, on the block bound by Fannin, San Jacinto, Capitol, and Rusk, will tap into the tunnels, and there will be 309 units in all, with a 550-car parking garage and 8,000-sq.-ft. of ground-floor retail.
- Developer moves forward with downtown’s next luxe high-rise [Houston Business Journal]
- Previously on Swamplot: Could This Be Downtown’s Next Residential Highrise?
Renderings: Hnedak Bobo Group