Urbannizer Posted May 16, 2018 Share Posted May 16, 2018 https://www.bizjournals.com/houston/news/2018/05/16/exclusive-galleria-office-building-to-be.html Quote In around five years or less, a roughly 200,000-square-foot office complex and its accompanying retail development will be demolished and transformed into anything from a retail development, to a mixed-use development with creative office space, to a hospitality development. Yorktown Plaza, comprised of two office buildings and a retail strip center near the Galleria, will either be sold to a developer or razed and redeveloped by Houston-based Wedge Group, the firm's CEO Greg Armstrongtold the Houston Business Journal. Wedge has owned those properties since 1996. Though redevelopment plans are still very open-ended, Armstrong said the property's 4.25-acre tract lends itself to an exciting redevelopment opportunity and said work would likely begin "sooner rather than later." The property contains a 98,292-square-foot office building at 5353 West Alabama, a 97,045-square-foot building at 5373 West Alabama and roughly 13,000 square feet of retail space in-between those buildings. 5 Quote Link to comment Share on other sites More sharing options...
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