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Market Square Tower: 40-Story High-Rise for Downtown


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Got to take a hardhat tour of the site yesterday. Still a lot of work to be done. They're shooting for an October 26th grand opening, with about the first 15 or 16 floors complete at that time. The 39

That's a great shot.  And to give an idea of how much things have changed from this angle recently, below I have attempted to highlight everything that's new in the last 15 years:

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"The leasing milestone, reached in December, shaved three months off Woodbranch Investments Corp.’s projected 15-month timeline and signals downtown is no longer limited to 9-to-5 office workers and theater goers. Bars and restaurants, food halls and parks are catering to a growing population, thanks to incentives provided by the Downtown Living Initiative.

“I really enjoy the way downtown is coming back,” Woodbranch Investments CEO Philip Schneidau said. “In the evening, people are walking around in Discovery Green, and Market Square Park. It’s really getting to be a nice neighborhood feel to it after hours, versus the business feel during the day.”

Downtown has grown to about 6,000 residential units, up from 2,500 at the start of 2014, according to the Central Houston and the Downtown District."

 

Almost goes without saying that the downtown living initiative really spurred some of these developments. What are the chances of there being a second round? 

Edited by Vy65
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7 minutes ago, Vy65 said:

Almost goes without saying that the downtown living initiative really spurred some of these developments. What are the chances of there being a second round? 

 

Hopefully, we have reached the point where a second round won't be necessary.  

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39 minutes ago, Houston19514 said:

 

Hopefully, we have reached the point where a second round won't be necessary.  

 

Maybe, but I wonder how much the process would be accelerated if a second round were done. I don't really see a problem with pushing right to the tipping point, but I could be wrong.

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38 minutes ago, Houston19514 said:

 

Hopefully, we have reached the point where a second round won't be necessary.  

 

Agreed.  I hope that if Aris fills up quickly, we will get another MSP area high-rise announcement soon.  One of Hines' spots, the Intl Tower spot, the lot next to the ballet center, and the lot with the chase bank drive through are all pretty key.

 

A bit further away, but I still think that the northeast corner of Main and Prairie could be a fantastic spot for a massive mixed-use project.

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2 hours ago, kbates2 said:

 

Agreed.  I hope that if Aris fills up quickly, we will get another MSP area high-rise announcement soon.  One of Hines' spots, the Intl Tower spot, the lot next to the ballet center, and the lot with the chase bank drive through are all pretty key.

 

A bit further away, but I still think that the northeast corner of Main and Prairie could be a fantastic spot for a massive mixed-use project.

 

This lot is my favorite undeveloped lot downtown right now. Hopefully a huge mixed use project gets built here as you mentioned.

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How much of the 32.9% vacancy has to do with The Catalyst, Alexan, Aris, Eighteen25, and 1711 Caroline just opening toward the end of last year? I can't imagine if downtown was doing so poorly that the new high rise across from Marriott Marquis and Camden's new high rise would have given their construction the green light. My balcony faces the Catalyst and I've noticed in the past month more people moving in so it will be interesting to revisit these numbers later in the year.

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https://www.bizjournals.com/houston/news/2018/04/11/downtownhouston-s-tallest-residential-tower-to-add.html

 



Downtown Houston’s tallest residential tower is adding a restaurant to its mix.

Coterie will open this summer in a 1,500-square-foot space inside Market Square Tower, a 40-story apartment tower in downtown Houston, according to the press release. It’s the tower's second retail tenant announced so far. 

 

The release describes Coterie as “deliberately personal and uniquely Houston,” and it will “mirror the energy of downtown Houston’s resurgence.”

The concept's furniture and fixtures will be handmade in Italy, while locally sourced light fixtures will hang from 20-foot ceilings, per the release. The interior will be accented with leather, fabric, metal and wood. At the center of the restaurant, there will be a wine cellar where guests can walk in and select a bottle with their server. 

Additionally, the menu will offer a wide variety of dishes — from breakfast to late-night meals — that will include seasonal items.

 

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It very exciting that they interior contains “leather, fabric, metal, and wood”.   Fascinating and soooooooo very much different than any other interior ever done that  it is worth actually writing about.....

 

 

 

 

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On 4/20/2018 at 1:47 AM, CrockpotandGravel said:

Website for Coterie opening at Market Square Tower at 737 Preston in Houston.

https://www.coteriehtx.com

 

I am confused...... your post is from April but the website is talking about a “soft open” and while it has a link for “menus”, there are no menus on the page.

 

is this place open? 

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3 hours ago, jmitch94 said:

Pretty standard CVS, unfortunately it closes pretty early. 

 

It doesn't close too early.  Still open on nights and weekends unlike the Main location.  I do agree it would be cool to have been 24 hours and REALLY cool if they had incorporated the fresh grocery/produce offerings that they said they would.  I still shop there weekly at least.

 

13 minutes ago, UtterlyUrban said:

I am confused...... your post is from April but the website is talking about a “soft open” and while it has a link for “menus”, there are no menus on the page.

 

is this place open? 

 

Yes it is open.  I am still not sure if they have had a "Grand Opening" but I have gone here and there for a few months.  When they have stuff it is good.  The pastry counter is often empty though and they will say they are out of stuff on the menu.  

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7 minutes ago, kbates2 said:

 

It doesn't close too early.  Still open on nights and weekends unlike the Main location.  I do agree it would be cool to have been 24 hours and REALLY cool if they had incorporated the fresh grocery/produce offerings that they said they would.  I still shop there weekly at least.

 

 

Yes it is open.  I am still not sure if they have had a "Grand Opening" but I have gone here and there for a few months.  When they have stuff it is good.  The pastry counter is often empty though and they will say they are out of stuff on the menu.  

Cool!  I will need to check it out!

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48 minutes ago, downtownian said:

 

It's high quality food and coffee. Went there for brunch and lunch. Seems like a hangout spot for people who live at MST.

 

Agreed that what I have had from there was very good when they had it.

 

Crazy enough - we have Honeymoon, Coterie, Cafe Firenze, Minuti, etc around and the best coffee that I have had is from our one dry goods store - The Tipping Point.  They have a setup in the front and sell coffee at weird hours but it is fantastic.

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11 hours ago, kbates2 said:

 

Agreed that what I have had from there was very good when they had it.

 

Crazy enough - we have Honeymoon, Coterie, Cafe Firenze, Minuti, etc around and the best coffee that I have had is from our one dry goods store - The Tipping Point.  They have a setup in the front and sell coffee at weird hours but it is fantastic.

 

I'll have to check that out. I think the best coffee in downtown is:

Prelude

Amaya

Boomtown

Coterie

 

 

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Nice shot. What camera do you use? (Not that I know anything about those things haha)

 

This building is no modern marvel but it definitely exceeded my expectations.  IIRC we never got a real detailed rendering of this building, so that may be why. 

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8 hours ago, nate4l1f3 said:

This building is no modern marvel but it definitely exceeded my expectations.  IIRC we never got a real detailed rendering of this building, so that may be why. 

 

Double-edged sword. It added a lot of residents to the neighborhood, which has helped lift the area. But it ensured that the western side of Market Square would not contribute to making a lively square, perhaps permanently. We are left trying to create a great square out of the other three sides. Time will tell if the south side becomes a contributor. If the proposed office tower is built there, it won't. The Preston is going to help, but it's hard to undo the damage of three curb cuts and hideous facades on the next block.

 

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On 9/13/2013 at 9:25 AM, Subdude said:

I remember that now.  The old bars on the Louisiana side of Market Square were demolished without notice late one night.  Not our city's proudest moment imo.

 

 

 

Here's photo evidence of this, taken in 81' with the buildings along Milam still up. 

 

30629722647_79a26a4f49_k.jpg1981-xx Dowtown Houston by Mark Navarro, on Flickr

 

Can also be seen in the background of this 76' photo (third block).

 

1976-06 Bismarck Restaurant on Preston in Houston

 

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On 7/3/2019 at 9:22 PM, Urbannizer said:

 

Here's photo evidence of this, taken in 81' with the buildings along Milam still up. 

 

30629722647_79a26a4f49_k.jpg1981-xx Dowtown Houston by Mark Navarro, on Flickr

 

Can also be seen in the background of this 76' photo (third block).

 

1976-06 Bismarck Restaurant on Preston in Houston

 

I read somewhere, I think in Ray Miller's Houston, that most everything on the blocks west of Market Square was produce markets, with the city market on Preston at the bayou (where Wortham is). I guess when the market left for Airline, all that stuff was wiped away for parking.

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