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CrockpotandGravel

McGowen Building 1500 McGowen

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Created a new thread for this building / development, that was previously discussed in the More Coming to Midtown thread. Hopefully it's easier to keep up with\updates on this project in one place instead of scrolling and searching for information in the free-for-all thread it was in before.




1500 McGowen Street in Midtown, Houston.


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Aerial view
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Street View

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Edited by CrockpotandGravel
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In 2017 (possibly February), 1500 McGowen changed hand. Davis Holdings purchased the two-story class B office building in Midtown.



From Houston Chronicle, February 16, 2017:
 


 

Davis Holdings has bought a two-story office building at 1500 McGowen at La Branch in Midtown.
 

The 33,000-square-foot building, which was constructed in 1972 and has loft-style space, is fully leased.
 

Louis Rosenthal of JLL represented the buyer, a company involved in oil and gas and real estate investments. David Husid and Brandi McDonald of Newmark Grubb Knight Frank represented the seller, Skyland Lodge Tract.
 

"Davis Holdings was attracted to the property's accessible location, proximity to downtown and adequate parking," Rosenthal said in an announcement.
 

"Fully renovated and located in Midtown's growth path, the building should prove to be a great investment for the firm."



https://www.houstonchronicle.com/business/real-estate/article/Davis-Holdings-buys-Midtown-office-building-10938559.php




Other reports:
https://www.bizjournals.com/houston/news/2017/02/21/midtown-class-b-office-building-changes-hands.html
https://realtynewsreport.com/2017/02/17/davis-holdings-buys-midtown-office-building/


 

Edited by CrockpotandGravel

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There is a Loopnet listing for the McGowen Building at 1500 McGowen St. The listing was created in July and last updated October, 7.

According to the listing, there is some redevelopment on the way, which will include retail.



https://www.loopnet.com/Listing/1500-McGowen-St-Houston-TX/10798429/ (archive link)

Brochure:
https://images1.loopnet.com/d2/-VuAe7xE-OAe3WOtBfeog2mnUp6d0KfFLLlFZ6yhZHs/document.pdf (archive link)




From the listing:

Retail coming - The demand for retail in East Midtown is high. We are adding a retail component to the building to meet that need. The retail portion will cover approximately 6,000 SF, and consist of smaller tenants. New storefronts will bare double glass doors, awnings with signage, patio, and visibility on La Branch & McGowen. We are looking for retail tenants NOW. 

The remaining space is office space. Exposed concrete floors, wood paneled elevators, modern artwork in common areas, and unique fixtures make for a charming office location. Parking here is exceptional- with three parking lots, and two with secure access, 1500 McGowen is an exception in Midtown.


 


 

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Site map of the proposed redevelopment and retail addition to the McGowen Building.

This is located in Midtown at 1500 McGowen St. It's being redeveloped by Davis Holdings.



From the Loopnet listing:


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Proposed renderings of the redevelopment and retail addition to the McGowen Building.

This is located in Midtown at 1500 McGowen St. It's being redeveloped by Davis Holdings.



From the Loopnet listing:


Front of building
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McGowen corner
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Patio on corner of McGowen
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Patio at corner of McGowen at dusk
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Far away view of patio from La Branch
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Edited by CrockpotandGravel
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Proposed renderings of the redevelopment and retail addition to the McGowen Building.

This is located in Midtown at 1500 McGowen St. It's being redeveloped by Davis Holdings.



From the retail brochure:



Northwest perspective

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Northwest perspective with signage
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Southwest perspective
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North elevation
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North elevation with signage
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More on the McGowen Building, 1500 McGowen.

This comes from the More Coming to Midtown thread:



 


https://www.houstonarchitecture.com/haif/topic/22649-more-coming-to-midtown/?do=findComment&comment=601924

On 9/26/2019 at 10:28 AM, _nataliepw said:

Looks like a renovation is planned for the office building at 1500 McGowen (former home to Houston Press) 

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