HOUSTON – The University of Houston-Downtown has opened its Wellness & Success Center. The 75,000-sf education facility is on the western edge of campus. It includes a three-story lobby, student lounge area, outdoor terrace, wellness suite with quiet spaces, rock-climbing wall, demonstration kitchen, and parking garage. Fitness amenities include strength training and conditioning, personal workout areas and […]
HOUSTON – ExxonMobil Oil’s former headquarters, a 45-story skyscraper at 800 Bell St., is becoming a residential project. Built in 1962, the 1.2 million-sf downtown tower has been vacant for nearly eight years. ExxonMobil had moved its operations to Spring in 2015. The 606-ft tower and its nearby parking garage was sold by Shorenstein Properties at the end […]
ROCKWALL – Seefried Industrial Properties and USAA Real Estate have broken ground on Rockwall Park 30, a 315,440-sf logistics center off I-30. The 23-acre site will have two rear-load buildings with 32-ft clear heights, 88 dock-high doors, and four grade-level doors. KBC Advisors is leasing the development, which will deliver in the fourth quarter. The Texas Real Estate […]
McALLEN – The city has broken ground on the Dove Avenue Roadway and Drainage Improvement Project extending from Bentsen Rd. to 41st St. The project will include a quarter-mile, four-lane road between the east and west city limits with five-ft sidewalks on either side. There will also be improvements to drainage systems to reduce flooding. Designed by […]
TYLER – The University of Texas at Tyler (UT Tyler) has broken ground on The Medical Education Building, a five-story, 248,000-sf facility. The building will be connected to the UT Health East Texas Hospital via skybridge. Delivery is slated for March 2025. The UT Tyler School of Medicine will accept its first class of approximately 40 students […]
ALEDO – Journey Capital has finished work on Harvest at Aledo, a 107-unit seniors housing project at 1043 Bailey Ranch Rd. The property has 87 assisted-living and memory-care units and 20 independent-living residences. Amenities include an all-day bistro, personalized care plans, leisure activities, and restaurant-style dining options. Civitas Senior living will operate the community. The Texas Real Estate Research […]
SPRING – Caldwell Communities has opened Cadence Creek at Gosling, a 189-unit senior housing community at 21901 Gosling Rd. The luxury community has one- and two-bedroom units ranging from 678 and 1,242 sf for adults aged 55 and older. Amenities include a swimming pool, dog park, grilling lounge, theater, and game room. Looking for more Houston-area senior living news? The […]
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.
ARLINGTON – Villas at the Parks, a 103-unit multifamily property at 3638 Waverly Dr., has been sold. Built in 1983, the property has one- and two-bedroom units, a pool, fitness center, and onsite laundry facilities. The Multifamily Group represented the seller and procured the buyer. The Texas Real Estate Research Center has more multifamily news online for free: […]
SEABROOK – Seabrook Plaza, a $170 million mixed-use development featuring two Margaritaville-branded hotels is underway. The project will include a 100,000-sf boutique hotel, a 120,000-sf extended-stay hotel, a 25,000-sf event center, apartment complex, 25,000 sf of retail space, and 1,200 parking spaces. The seven-story apartment community will have 260 one- and two-bedroom units. There will be nearly 1,200 parking spaces. […]
