Historic Houston High-Rise Office To Convert Some Space for Residences
An iconic component of the Downtown Houston skyline is set to undergo a $50 million renovation. The developer, Cameron Management, is planning to convert offices to luxury apartments.
Construction begins in November on 10 units, to be ready early next year and gradually adding up to 100 units over time. Initially, the company plans to provide 100,000 square feet of residential space, 400,000 of office and 100,000 square feet of flex/common space. Depending on market demand, the entire office complex could be converted to residential use. Dougal Cameron explains, “We are trying to produce a vertical entrepreneurial village. We will respond to the market, but we always plan to provide a flexible office, residential and maybe some hotel/dorm-like rooms for young entrepreneurs.”
The proposal will include a recreational deck on the 17th floor, a pool, a health facility and meeting space. Gensler will be the designer. Tellepsen the builder.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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