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William Penn Hotel At 1423 Texas Ave.


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I don't think of it as giving up on downtown for offices, but realizing that over time more and more businesses have moved to the suburbs and that few companies are interested now in new highrises. Since the space was vacant to begin with, conversion into residential probably won't have any impact on downtown rents.

There are a number of possibilities in downtown Houston: Holiday Inn, Sheraton, Melrose Building, Ben Milam, 806 Main, William Penn hotel. Also the Sterling and Texaco buildings.

Edited by Subdude
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