Highrise Tower 33565 Posted November 21, 2020 Share Posted November 21, 2020 This is the shopping center with the Randall’s at Bellaire & Bissonnet. https://s25.q4cdn.com/658894972/files/doc_presentations/2020/11/3Q20-Roadshow-(Nareit).pdf A planned multi-story mixed-use redevelopment is in the works. Wonder if they’re signaling that the Randall’s will be closing, making the shopping center obsolete. 4 Quote Link to post Share on other sites
texas911 106 Posted December 13, 2020 Share Posted December 13, 2020 That Randall's is on super prime real estate. If someone could develop something attractive there, it would do very well. Also they need to get rid of the transit center next to it. Which I thought I read that they were once the new one opened by 59 and South Rice. Quote Link to post Share on other sites
cspwal 3908 Posted December 14, 2020 Share Posted December 14, 2020 Even if they got rid of the transit center, that's a pretty major node in the bus network, so there would still be a lot of bus stops and busses. Right now, 2 frequent bus routes, the quickline bus, and 2 normal routes all cross there, and none of them are really going out of the their way. You wouldn't want the Bissonet or Bellaire BLVD busses (the two frequent routes) to go to the west park TC, and from pre-pandemic anecdotal observations, both of those routes are busy 1 Quote Link to post Share on other sites
texas911 106 Posted December 16, 2020 Share Posted December 16, 2020 That's true, its kinda out of the way. I will say those busses that use it are nice. Quote Link to post Share on other sites
Highrise Tower 33565 Posted January 14 Author Share Posted January 14 On 11/20/2020 at 8:32 PM, Highrise Tower said: A planned multi-story mixed-use redevelopment is in the works. Wonder if they’re signaling that the Randall’s will be closing, making the shopping center obsolete. Randalls to close another Houston-area grocery store https://www.bizjournals.com/houston/news/2021/01/14/randalls-bellaire-grocery-store-to-close.html?cx_testId=40&cx_testVariant=cx_27&cx_artPos=0#cxrecs_s Quote Longtime local grocer Randalls will close its Bellaire store next month. The Houston Chronicle reports that the store's liquidation process began Jan. 13, and the closure is slated for Feb. 20. The Bellaire store, at 5130 Bellaire, is the only one affected. Quote Link to post Share on other sites
Highrise Tower 33565 Posted Saturday at 02:12 AM Author Share Posted Saturday at 02:12 AM Randalls Leaves 3-Acre Opportunity in Downtown Bellaire https://realtynewsreport.com/randalls-leaves-3-acre-opportunity-in-downtown-bellaire/ Quote Located on Bellaire Boulevard in the small commercial core of the independent municipality of Bellaire, Randalls will be closed within a month. It’s the end of the line for Randalls, an underperforming store in the competitive Houston grocery market, says Albertsons Companies, the Boise-based grocery firm that owns Randalls. The departure of Randall’s places 3.1 acres of land into play. Its 136,517 SF of prime property – between Bellaire and Bissonnet streets, across from an ill-placed 1.2-acre METRO transit station. The Randalls site is about a half-mile west of Loop 610 at South Rice Avenue. According to the City of Bellaire zoning regulations, the Randall’s site is classified as part of a “Urban Village – downtown district.” “It’s very premature at this stage to speculate what might happen with the property,” says Bellaire Mayor Andrew Friedberg. 1 Quote Link to post Share on other sites
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