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The Espersonespersonesperson 808 Travis Street & 815 Walker Avenue • Houston, Texas
THETHETHE ESPERSONESPERSONESPERSON 808 TRAVIS STREET & 815 WALKER AVENUE • HOUSTON, TEXAS EXECUTIVE SUMMARY THETHETHE ESPERSONESPERSONESPERSON 808 TRAVIS STREET & 815 WALKER AVENUE • HOUSTON, TEXAS HFF, as the exclusive representative of the owner, is pleased to offer for sale a 100% fee simple interest in Esperson (the “Property”), a 19 and 27-story, 599,107 square foot office building located in Houston’s central business district. Constructed in 1927 and 1941 respectively, Esperson is the only iconic structure of Italian Renaissance in Houston’s most densified employment center. The property is currently 62% leased with 4 years remaining average lease term and is situated on 1.447 acres, a full city block. Located at the intersection of Rusk and Walker Street, Esperson has direct access to Houston’s METRO Rail and 7.5 mile underground tunnel system. Over the last 36 months, ownership invested nearly $9 million in non-leasing capital, positioning the asset at the top of its competitive set. Today, considerable value creation is achievable through rolling current in-place rents to market and through the lease up of the remaining 226,561 square feet of vacant space. Redeveloping and expanding Houston’s CBD infrastructure – realized through rebuilt streets – highways, new mass transit and enhanced public utilities coupled with new office, multi-family, and retail projects have transformed Houston’s core into a vibrant, modern 24/7 environment for people to live, work and play. Esperson offers investors prestige, history, quality, abundant amenities, and a prime location in Houston’s largest employment center. INVESTMENT SALES H. DAN MILLER, CCIM, SIOR Senior Managing Director Tel: (713) 852-3576 [email protected] MARTIN T. -
Bayou Place Houston, Texas
Bayou Place Houston, Texas Project Type: Commercial/Industrial Case No: C031001 Year: 2001 SUMMARY A rehabilitation of an obsolete convention center into a 160,000-square-foot entertainment complex in the heart of Houston’s theater district. Responding to an international request for proposals (RFP), the developer persevered through development difficulties to create a pioneering, multiuse, pure entertainment destination that has been one of the catalysts for the revitalization of Houston’s entire downtown. FEATURES Rehabilitation of a "white elephant" Cornerstone of a downtown-wide renaissance that has reintroduced nighttime and weekend activity Maximized leasable floor area to accommodate financial pro forma requirements Bayou Place Houston, Texas Project Type: Adaptive Use/Entertainment Volume 31 Number 01 January-March 2001 Case Number: C031001 PROJECT TYPE A rehabilitation of an obsolete convention center into a 160,000-square-foot entertainment complex in the heart of Houston’s theater district. Responding to an international request for proposals (RFP), the developer persevered through development difficulties to create a pioneering, multiuse, pure entertainment destination that has been one of the catalysts for the revitalization of Houston’s entire downtown. SPECIAL FEATURES Rehabilitation of a "white elephant" Cornerstone of a downtown-wide renaissance that has reintroduced nighttime and weekend activity Maximized leasable floor area to accommodate financial pro forma requirements DEVELOPER The Cordish Company 601 East Pratt Street, Sixth Floor Baltimore, Maryland 21202 410-752-5444 www.cordish.com ARCHITECT Gensler 700 Milam Street, Suite 400 Houston, Texas 77002 713-228-8050 www.gensler.com CONTRACTOR Tribble & Stephens 8580 Katy Freeway, Suite 320 Houston, Texas 77024 713-465-8550 www.tribblestephens.com GENERAL DESCRIPTION Bayou Place occupies the shell of the former Albert Thomas Convention Center in downtown Houston’s theater district. -
Performing and Fine Arts Studying the Arts in Houston
Performing and Fine Arts Studying the Arts in Houston Whether music, drama or studio arts is your passion, UST offers degree programs to help you develop and refine your talents. Strategic partnerships with organizations in Houston, the nation’s fourth-largest city, expose our students to world-class entertainers and artists. And our small classes allow more time for individual interaction with professors. Nestled in the heart of the Houston Museum District, UST is the ideal place to study. The internationally acclaimed Museum of Fine Arts, Houston (MFAH) sits directly south of the UST campus. The world-renowned Menil Collection and numerous other museums are in the immediate neighborhood, providing art students easy access to a treasure trove of original art works. UST also enjoys close proximity to the Houston Theater District, which includes nine organizations in all of the major performing arts disciplines – ballet, music, opera and theater. Year-round performances take place at the Alley Theatre, Hobby Center for the Performing Arts, Jones Hall and Wortham Theater Center. UST Performing and Fine Arts Center To attract and serve students in the creative fields, UST will establish a higher profile for the arts on campus and provide exceptional venues to accommodate them. A planned Performing and Fine Arts Center will give students the opportunity to refine their talents, while affording UST a greater, more impactful presence in the community. “Using what I learned during my The Glassell School of Art progression through the program, UST studio arts students enjoy the best of two campuses. Non-studio art coursework is taken on I will be able to implement idea the UST campus, and studio arts coursework is taken generation, visual problem solving and at the Glassell School of Art MFAH. -
Availabilities
AVAILABILITIES SOUTH TOWER NORTH TOWER 711 LOUISIANA 700 MILAM FLOOR 32 - 16,605 RSF FLOOR 29 - 21,382 RSF FLOOR 26 - 21,382 RSF FLOOR 21 - 10,715 RSF FLOOR 19 - 7,707 RSF FLOOR 17 - 4,890 RSF FLOOR 16 - 3,890 RSF FLOOR 14 - 8,348 RSF FLOOR 11 - 10,614 RSF FLOOR 12 - 20,407 RSF FLOOR 10 - 20,346 RSF FLOOR 9 - 20,484 RSF FLOOR 11 - 20,407 RSF FLOOR 8 - 20,531 RSF FLOOR 10 - 9,375 RSF FLOOR 7 - 20,429 RSF FLOOR 9 - 20,407 RSF FLOOR 8 - 20,426 RSF FLOOR 7 - 20,442 RSF FLOOR 6 - 20,458 RSF FLOOR 2 - 20,520 RSF LOBBY - 4 Spaces TUNNEL - 3 Spaces SOUTH TOWER NORTH TOWER LARGEST CONTIGUOUS BLOCK LARGEST CONTIGUOUS BLOCK FLOORS 7-10, Pt. 11: 92,404 RSF FLOORS 6-9, Pt. 10: 91,108 RSF PROPERTY FACTS Address 711 Louisianna (South Tower) | 700 Milam (North Tower) Building Class “A” office property, two (2) thirty-six (36) story towers, totaling 1,421,765 RSF Common Area Factor Approximately 15.0% (multi-tenant floors) / 9.0% (single-tenant floors) Floor Size Approximately 21,500 RSF Lease Rate Negotiable Operating Expenses Estimated 2016 Operating Expenses of $16.10 per rentable square foot Lease Term Negotiable Leasehold Improvement Allowance Negotiable Up to 0.3 spaces per 1,000 square feet leased parking available below the building comprised of 525 spaces. Unreserved $220.00 / Reserved $285.00, plus taxes Parking Up to 1.5 spaces per 1,000 square feet lease parking available in Walker @ Main Garage (tunnel access) comprised of 1,000 spaces. -
The Death and Rebirth of Saks Pavilion
CITE 65 ; WINTER 2005 13 CITELINES rial of San Felipe. The former anchors the Uptown District and hosts approximately 200,000 office workers and shoppers daily and more than 18 million visitors from all over the world cash year. The latter is the straight-shot drive connecting Houston's most affluent cluster ot neighborhoods. including River Oaks, Tanglewood, and Memorial. This was a site on which CO do great things. But Wulfe's development team, including Hermes Architects as planners, was challenged to balance an attractive retail destination and the needed density on this fairly tight site. The value of land meant parking would be eithei below grade or in structures. In addition, the planning scenarios emphasized that a large retail magnet (with its commensurate ?!!1E large-scale ground floor footprint) was vital in order to readily draw the targeted customer to an inviting Lifestyle Center "the I M I possibility al a ((immunity" Boulawarcf Pface. Wulle £ Co.'s mix«k)se urban oo I the underperlarmrng Sob Pavilion environment, that itself was predicated on a costly pedestrian-friendly urban oasis. The eight-acre strip center site could not, in numerous scenarios, work as well as the on one end by the regional behemoth ot round of construction added the entire savvy developer knew it would need to. Retail Resurrection: the (iatleria (see "City Under Class," page trout portion of retail space, underground So Wullc ix: Co. turned its attention The Death and 20), itself growing, and the numerous parking, and high-end touches such as to the south, to the underperlorming Saks condo towers and offices on the other. -
DOWNTOWN HOUSTON, TEXAS LOCATION Situated on the Edge of the Skyline and Shopping Districts Downtown, 1111 Travis Is the Perfect Downtown Retail Location
DOWNTOWN HOUSTON, TEXAS LOCATION Situated on the edge of the Skyline and Shopping districts Downtown, 1111 Travis is the perfect downtown retail location. In addition to ground level access. The lower level is open to the Downtown tunnels. THE WOODLANDS DRIVE TIMES KINGWOOD MINUTES TO: Houston Heights: 10 minutes River Oaks: 11 minutes West University: 14 minutes Memorial: 16 minutes 290 249 Galleria: 16 minutes IAH 45 Tanglewood: 14 minutes CYPRESS Med Center:12 minutes Katy: 31 minutes 59 Cypress: 29 minutes 6 8 Hobby Airport: 18 minutes 290 90 George Bush Airport: 22 minutes Sugar Land: 25 minutes 610 Port of Houston: 32 minutes HOUSTON 10 HEIGHTS 10 Space Center Houston: 24 minutes MEMORIAL KATY 10 330 99 TANGLEWOOD PORT OF Woodlands: 31 minutes HOUSTON 8 DOWNTOWN THE GALLERIA RIVER OAKS HOUSTON Kingwood: 33 minutes WEST U 225 TEXAS MEDICAL 610 CENTER 99 90 HOBBY 146 35 90 3 59 SPACE CENTER 45 HOUSTON SUGARLAND 6 288 BAYBROOK THE BUILDING OFFICE SPACE: 457,900 SQ FT RETAIL: 17,700 SQ FT TOTAL: 838,800 SQ FT TRAVIS SITE MAP GROUND LEVEL DALLAS LAMAR BIKE PATH RETAIL SPACE RETAIL SPACE METRO RAIL MAIN STREET SQUARE STOP SITE MAP LOWER LEVEL LOWER LEVEL RETAIL SPACE LOWER LEVEL PARKING TUNNEL ACCESS LOWER LEVEL PARKING RETAIL SPACE GROUND LEVEL Main Street Frontage 3,037 SQ FT 7,771 SQ FT RETAIL SPACE GROUND LEVEL Main Street frontage Metro stop outside door Exposure to the Metro line RETAIL SPACE GROUND LEVEL Houston’s Metro Rail, Main Street Square stop is located directly outside the ground level retail space. -
712 & 708 Main Street, Houston
712 & 708 MAIN STREET, HOUSTON 712 & 708 MAIN STREET, HOUSTON KEEP UP WITH THE JONES Introducing The Jones on Main, a storied Houston workspace that marries classic glamour with state-of-the-art style. This dapper icon sets the bar high, with historic character – like classic frescoes and intricate masonry – elevated by contemporary co-working space, hospitality-inspired lounges and a restaurant-lined lobby. Highly accessible and high-energy, The Jones on Main is a stylishly appointed go-getter with charisma that always shines through. This is the place in Houston to meet, mingle, and make modern history – everyone wants to keep up with The Jones. Opposite Image : The Jones on Main, Evening View 3 A Historically Hip Houston Landmark A MODERN MASTERPIECE THE JONES circa 1945 WITH A TIMELESS PERSPECTIVE The Jones on Main’s origins date back to 1927, when 712 Main Street was commissioned by legendary Jesse H. Jones – Houston’s business and philanthropic icon – as the Gulf Oil headquarters. The 37-story masterpiece is widely acclaimed, a City of Houston Landmark recognized on the National Register of Historic Places. Together with 708 Main Street – acquired by Jones in 1908 – the property comprises an entire city block in Downtown Houston. Distinct and vibrant, The Jones touts a rich history, Art Deco architecture, and famous frescoes – soon to be complemented by a suite of one-of-a-kind, hospitality- inspired amenity spaces. Designed for collaboration and social interaction, these historically hip spaces connect to a range of curated first floor retail offerings, replete with brand new storefronts and activated streetscapes. -
14PL120 Alley Theatre FINAL.Pdf
CITY OF HOUSTON Archaeological & Historical Commission Planning and Development Department PROTECTED LANDMARK DESIGNATION REPORT LANDMARK NAME: Alley Theatre AGENDA ITEM: C OWNER: Alley Theatre HPO FILE NO.: 14PL120 APPLICANT: Scott J. Atlas DATE ACCEPTED: Aug-21-2014 LOCATION: 615 Texas Avenue HAHC HEARING DATE: Sep-25-2014 SITE INFORMATION Lots 1, 2, 3, 6, 7, 8 & 12 & Tract 11, Block 60, SSBB, City of Houston, Harris County, Texas. TYPE OF APPROVAL REQUESTED: Protected Landmark Designation HISTORY AND SIGNIFICANCE SUMMARY The Alley Theatre was founded in 1947 by Nina Vance (1914-1980), one of the most outstanding theatrical directors in the U.S. and Texas in the mid twentieth century. The Alley is now one of the oldest non-profit, professional, resident theater companies in continuous operation in the United States. From its inception, the Alley Theatre staged productions in an “arena” or “in the round” spatial format, a practice associated with cutting-edge theatrical companies in the mid-twentieth-century period. In the Alley’s first season (1947-48), performances were held in a dance studio on Main Street. Audience members had to walk along a narrow outdoor passage to get to the performance space; this passage was the origin of the Alley’s name. In 1962, the Alley Theatre was given a half-block site in the 600 block of Texas Avenue by Houston Endowment and a $2 million grant from the Ford Foundation for a new building and operating expenses. The theater was to be part of a downtown performance and convention complex including Jones Hall, the home of the Houston Symphony, Houston Grand Opera, and Society for the Performing Arts. -
Offering Summary Investment Overview
HOUSTON DOWNTOWN OFFERING SUMMARY INVESTMENT OVERVIEW HFF is pleased to offer on an exclusive basis the opportunity to acquire the fee-simple interest in the 350-room Doubletree Downtown Houston (“Property” or “Hotel”), prominently situated within Allen Center – an institutional-quality mixed-use office/retail/hotel complex – in the Houston CBD. The Hotel is strategically located near many of Houston’s top demand drivers including the George R. Brown Convention Center, Minute Maid Park (home of the Houston Astros), Toyota Center (home of the Houston Rockets) and over 51 million square feet of office space within a 1-mile radius. Many of the Fortune 500 companies located in Houston are within blocks of the Property, including Deloitte, Chevron and KBR. The Property is being offered fully unencumbered from both brand and management, presenting the next owner with a completely blank slate. With an irreplaceable location within Houston’s CBD core and strong in-place cash flow, the DoubleTree offers investors a unique, unencumbered opportunity with tremendous upside potential. INVESTMENT HIGHLIGHTS UNIQUE DOWNTOWN HOUSTON LOCATION The Property boasts an enviable location within Allen Center in Houston’s CBD, benefiting from downtown’s diversified demand base – not only corporate but also convention, sports, leisure, culture, medical, university/ education – and pedestrian friendly environment. This ideal mix of demand drivers has allowed the CBD to TWO ALLEN CENTER 1 MILLION SF continually outperform Houston’s overall market, as well as the -
For Immediate Release Media Contact
FOR IMMEDIATE RELEASE MEDIA CONTACT: Jacalyn Lawton Public Relations Manager [email protected] [email protected] THEATER DISTRICT HOUSTON BOARD OF DIRECTORS APPOINTS JIM NELSON TO CHAIRMAN HOUSTON, TEXAS [Dec. 21, 2020] — Theater District Houston Board of Directors appoints Jim Nelson as its new Chairman. Nelson, Executive Director of Houston Ballet, will serve as the Chairman until September 2022. “I am honored to represent Houston’s expansive Theater District,” says Nelson. “The talent we have in our city is immense, and we have all showed the world our resiliency and creativity during this turbulent year.” Nelson succeeds Perryn Leech, who served in the role since 2014. Leech will depart Houston in March 2021 to assume the General Director seat at Canadian Opera Company, per his November announcement. “The Theater District is stronger due to Perryn’s leadership,” says Nelson. “He will be greatly missed, and we wish him the best on his next chapter.” Nelson has spent nearly his entire career in the arts. Beginning as a professional dancer, he performed for 11 years with Cincinnati Ballet, Houston Ballet and Ballet de Santiago. After retiring from the stage, Nelson was named general manager of Houston Ballet in August 2000. In 2005, he was selected for and attended the Stanford University Graduate School of Business Executive Program for Non-Profit Leaders. Since assuming the role of Houston Ballet’s Executive Director in 2012, Nelson has led the nonprofit through a period of transformational growth and acclaim. His tenure has included the pursuit of building large-scale, full-length ballets and expanding Houston Ballet's international exposure. -
Houston // Texas 2 — Contents 3
HOUSTON // TEXAS 2 — CONTENTS 3 CONTENTS Overview 04 The Heart of the Theater District 08 Anchors 10 Site Plans 12 Offices 18 Houston 22 The Cordish Companies 26 4 — OVERVIEW 5 WELCOME TO BAYOU PLACE In the heart of Houston’s renowned Theater District, Bayou Place is the city’s premier dining, office, and entertainment district. Alongside the Hobby Center for the Performing Arts, the Alley Theatre, and the Wortham Theater Center, Bayou Place boasts its own flexible performance space, Revention Music Center, as well as Sundance Cinemas. 6 — OVERVIEW 7 $47M OFFICE & $25M $22M 150K 3M OFFICE SPACE ENTERTAINMENT SQUARE FEET OF THEATER DISTRICT ENTERTAINMENT DISTRICT EXPANSION DEVELOPMENT OFFICE SPACE TICKETS SOLD ANNUALLY 8 — HEART OF THE THEATER DISTRICT 9 10 11 1 2 12 3 4 6 7 5 9 8 THE HEART OF THE THEATER DISTRICT 1 Wortham Center 7 City Hall 2 Alley Theatre 8 Sam Houston Park 3 Jones Hall 9 Heritage Plaza ON WITH 4 Downtown Aquarium 10 Minute Maid Park 5 The Hobby Center 11 George R. Brown Convention Center THE SHOWS 6 Tranquility Park 12 Toyota Center 10 — ANCHORS 11 ANCHOR TENANTS PREMIER RESTAURANTS, THEATERS, AND BUSINESSES 12 — SITE PLANS 13 RESTAURANTS & BARS Hard Rock Cafe Little Napoli Italian Cuisine The Blue Fish NIGHTLIFE & ENTERTAINMENT SITE PLAN Sundance Cinemas Revention Music Center FIRST KEY Retail Office FLOOR Parking 14 — SITE PLANS 15 SITE PLAN SECOND FLOOR RESTAURANTS & BARS Hard Rock Cafe OFFICES SoftLayer Merrill Corporation NIGHTLIFE & ENTERTAINMENT Sundance Cinemas Revention Music Center The Ballroom at Bayou Place KEY Retail Office Parking 16 17 3M+ ANNUAL VISITORS 18 — OFFICES 19 150,000 SQUARE FEET OF CLASS A OFFICE SPACE 20 — OFFICES 21 22 — HOUSTON 23 HOUSTON BAYOU CITY Founded along Buffalo Bayou, site of the final battle for Texas independence, Houston is the largest city by population in Texas and the fourth largest in the United States. -
±2 Acres at 2505 W 11Th St
±2 Acres at 2505 W 11th St. dmre.com 1 BROKER CONTACT Clark Dalton, Senior Vice President | [email protected] | 713.955.3122 Property Details At A Glance DETAILS 2019 TAX RATES 001 HOUSTON ISD 1.206700 2505 W 11th St. ADDRESS 040 HARRIS COUNTY 0.418580 Houston, TX 77008 041 HARRIS CO FLOOD CNTRL 0.028770 042 PORT OF HOUSTON AUTHY 0.011550 LAT., LONG. 29.788771, -95.428145 043 HARRIS CO HOSP DIST 0.171080 044 HARRIS CO EDUC DEPT 0.005190 SIZE ±2 Acres 048 HOU COMMUNITY COLLEGE 0.100263 061 CITY OF HOUSTON 0.588310 UTILITIES City of Houston Dosch Marshall Real Estate (DMRE) has TOTAL 2.530803 been exclusively retained to represent the Seller in the marketing and sale of this SCHOOLS Houston ISD property. 2019 DEMOGRAPHICS All inquiries about the Property should 0-1 mi 0-3 mile 0-5 miles PARCEL ID 0440820000546 be directed to DMRE. Est. Population 2019 CLICK HERE FOR LISTING 13,694 130,416 268,830 OWNER Festival Properties Inc Average Household Income MAKING AN OFFER $129,866 $153,189 $138,500 Offers should be presented in the LEGAL TR 62 ABST 642 J REINERMAN form of a non-binding Letter of Intent, Median Value Of Owner Occupied Housing Units and should include: $336,764 $336,253 $314,130 PRICE Call for Pricing • Pricing • Description of Debt/ • Due Diligence and Equity Structure Closing Timeframe • Qualifications to • Earnest Money Close DETENTION On Site Deposit • Development Plans dmre.com 2 Area Highlights PRIME LAND SITE IN KINGWOOD AREA LOCATED IN THE HEART OF THE LAKE HOUSTON REGION WHICH CONSISTS OF LAKE HOUSTON ATASCA WOODS KINGWOOD,