6-Story Office Being Added to Houston Mixed-Use Venture

Hanover and LOCAL have obtained construction financing and joint venture equity for Autry Park One, a to-be-built, 127,651-square-foot six-story office property positioned along Allen Parkway and the Buffalo Bayou in Houston, Texas.

The property will be part of Autry Park (photo), a luxury mixed-use development located between Downtown Houston, The Texas Medical Center, Rice University, River Oaks and Uptown. The 14-acre site is currently home to Hanover Autry Park and Hanover Parkview. When fully built out, it will offer additional multi-housing, office, hotel, and retail uses distributed across various buildings.

Upon completion, Autry Park One will offer 116,120 square feet of boutique office space plus 10,500 square feet of ground-floor retail. The building will also offer private offices, meeting space, mid-building outdoor decks, an indoor/outdoor rooftop deck, a fitness facility and underground parking.

A JLL team of Colby Mueck, Cortney Cole, and Kevin McConn worked with Hanover Company and LOCAL to secure joint venture equity for the project and a syndicated construction loan with two regional banks.