Jump to content

Fortune

Full Member
  • Posts

    748
  • Joined

  • Last visited

  • Days Won

    3

Posts posted by Fortune

  1. Lovett Commercial is the buyer.

    http://blog.chron.com/primeproperty/2015/07/lovett-commercial-set-to-buy-downtown-post-office/

    "The downtown post office has a buyer who may turn the site into a mixed-use development with shops, office, housing and perhaps a boutique hotel.

    Houston-based commercial real estate developer Lovett Commercial is under contract to buy the property at 401 Franklin from the United States Postal Service. Closing is scheduled for late summer or early fall.

    “It’s extremely rare to find a 16+ acre parcel in any major U.S. downtown,” Burdette Huffman vice president of Lovett Commercial said in an email to the Chronicle.

    The property, he added, offers an “incredible location with direct connectivity to Buffalo Bayou and the Theater District,” as well as “fantastic access to I-10, I-45, downtown and the Washington corridor.”

    Huffman said the company is still working on conceptual plans for the site and is exploring ways to reuse portions of the existing buildings."

    • Like 2
  2. Construction will start early next year. The building will be 8 stories tall consisting of two levels for Whole Foods, 260 apartments, 2 levels for resident parking, and two levels of underground parking for Whole Foods customers. Rosalie will be closed between Smith & Brazos for development which will also spill onto the block north. The store will face Smith St. It will be a part of the pearl brand.

    • Like 6
  3. heh, i knew someone would come in with a "reality check". I'm just saying its pretty messed up that other developers have more faith in downtown Houston than the leader of Houston First.

    I agree, his project should have been the first development to start construction. Marvy Finger or even Novare should take his place they have shown more confidence in downtown Houston then Campo has.

    • Like 2
×
×
  • Create New...