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River Oaks Development Site at 3703 Westheimer

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http://www.riveroakssite.com/

 

https://www.loopnet.com/Listing/3703-Westheimer-Rd-Houston-TX/17157755/

 

Drake Realty Group is pleased to announce the exclusive listing of a spectacular, premier infill core redevelopment opportunity strategically located in the heart of River Oaks, at 3703 Westheimer Rd., totaling 1.7 acres.

 

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Investment Highlights

 

  • Premier infill core location totaling 1.7 acres
  • Located in River Oaks, one of Houston’s most exclusive, sought after submarkets 
  • 5 out of the top 10 Houston Private Companies and 7 out of the Top 10 Houston Companies are located within 7.5 miles of the available site
  • Located near some of Houston’s most prominent mid-rise and high-rise multifamily developments, mixed-use, hotels and prime upscale retail developments.  
  • Will offer spectacular views of Houston Galleria area, Downtown Houston, Greenway Plaza, River Oaks and Memorial Park.
  • Will offer unobstructed views in all directions 
  • Last remaining large developable site in River Oaks 
  • Located .3 miles from Highland Village, .95 miles from River Oaks District and 1.4 miles from the Galleria
  • Located 1.4 miles from Whole Foods, 2.4 miles from HEB, and 0.5 miles from Central Market
  • Walking distance from The Briar Club and River Oaks Park
  • Close vicinity to Memorial Park. A 1,503 acre park development off of Memorial Dr., and Loop 610 that contains a 600 acre golf course, The Houston Arboretum and Nature Center and miles of jogging and biking trails
  • Access to major freeways that include I-610 Loop, Interstate 10, US Highway 59 and US Highway 290
  • River Oaks Shopping Center (1.1 miles) from the Property with over 320,000 square feet of retail, entertainment, and dining. Features the historic River Oaks Theater, 14 restaurants, and over 75 stores including Sur La Table, Ann Taylor, Gap, Luke’s Locker, Men’s Wearhouse, Pier 1 Imports, Barnes & Noble Talbots, and Sunglass Hut. Dining includes Marble Slab Creamery, Starbucks, La Madeleine Country French Cafe, Perry's steakhouse, and La Griglia

 

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Met with the owner of the autoshop next to the Public Storage building. He said they are asking either $8 or $9 million for the land.  He thinks it will be a townhome development due to the shape of the land.  I think it will be a highrise.

 

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