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Old Posted Sep 18, 2015, 3:24 PM
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Lightbulb HOUSTON | Post HTX | FEET | FLOORS



http://blog.chron.com/primeproperty/...d-use-project/

Quote:
Lovett closes on downtown Post Office site to build mixed-use project
By Erin Mulvaney on August 18, 2015 3:22 PM

Lovett Commercial has closed on the 16-acre U.S. Post Office site in downtown.

The Houston-based developer, which builds neighborhood shopping centers and urban redevelopment, did not elaborate on plans in a statement announcing the purchase. Previously, Lovett said it expects “to attract multiple uses such as retail, creative office, residential and/or a boutique hotel. Tenants that we have visited with are extremely excited about the project, its location and the possibilities.”

The purchase price was not disclosed.
http://www.bizjournals.com/houston/m...mixed-use.html

Quote:
"It's extremely rare to find a downtown site with direct, easy access to Interstate 10, Interstate 45 and numerous adjacent neighborhoods in Houston,” Burdette Huffman, vice president for Lovett Commercial, said in a statement. “Our goal is to create a very special mixed-use development that leverages the Bayou, the theater district and the significant scale of the property."
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Old Posted Oct 10, 2015, 11:48 PM
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http://realtynewsreport.com/2015/10/...-chip-colvill/

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Originally Posted by Realty News Report
Realty News Report: Any other comments?

Colvill: We were recently hired by Lovett Commercial to begin leasing and marketing the former Post Office site on Franklin Street in downtown. Most people in Houston know this location if they went there at midnight to pay their taxes. It is a very exciting project. Frank Liu and his team are extremely creative and, as a result the project will have “creative” office space with over 20 foot ceiling heights, awesome retail space, a multi-family component and other great amenities. The location of the development — on Buffalo Bayou and adjacent to the Washington Avenue Corridor — will be very exciting and a game-changer for downtown Houston, which continues to become more of a “live, work and play” environment. We look forward to unveiling Lovett’s plans in the months ahead.
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Old Posted Oct 11, 2015, 9:32 PM
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The views at night from this location, nearness to the bayou and the theater district, make this a choice site.
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Old Posted Mar 10, 2016, 6:02 PM
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Lovett Commercial has partnered with Midway Co to redevelop the property. This will be a true urban mixed-use development.

http://midwaycompanies.com/media/sit...dway-AR-LO.pdf

Quote:
We closed 2015 by forging a new joint venture which brings lasting and farranging ripple effects, including stewardship of an extraordinary mixed-use environment on Houston’s historic riverfront. The market-defining project requires us to carefully and thoughtfully curate an exceptional mix of uses, enlivening the property while it evolves over time.
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Old Posted Mar 14, 2016, 2:05 PM
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Looks like a smaller version of Atlanta's Atlantic Station, which btw has been quite successful.
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Old Posted Sep 23, 2016, 12:40 AM
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The site will be used for December's Day for Night Music event. Afterwards 401 Franklin will continue to be used as event space in the short term.

Developer has mega mixed-use plans for defunct downtown post office, call it Post HTX

Quote:
While December’s Day for Night is making headlines for its stellar lineup of musical artists, including Aphex Twin, Travis Scott and Bjork, announcement details are also bringing attention to the festival’s location: the former Barbara Jordan Post Office situated at 401 Franklin Street.

Since the post office closed its doors, several avant-garde music and art groups, such as Cirque Noir, have used the raw space for events, but there's a lot more to come courtesy of Lovett Commercial.

The Houston-based developer has begun renovating the architectural landmark, slotted for a mixed-used complex called Post HTX with a new private event space, plus residential, office, retail, and restaurant spaces.

“Post HTX is our vision as the next centerpiece for interaction and communication in the heart of our city,” Frank Liu, Jr. with Lovett Commercial tells CultureMap. “With the decline of our reliance on the postage system, Post HTX is a new vision of human interaction and a transformative means of communication for the 21st century and the digital age.”

With the goal of keeping the majority of the existing building in tact, Lovett Commercial has commenced work on phase one of the massive undertaking. In collaboration with local interior designers Jawda and Jawda, the first floor of the building is being converted into a 150,000 square-foot event center set to open in early 2017.

The space will be a blank canvas in an industrial chic setting, easily transformable from an elegant setting to a casual soirée venue.

Phase two of the project, which includes architectural modifications to the structure, will roll out in several stages over the course of the next five to eight years.

"We want to showcase Houston in a new light by working with architects and designers around the world who are on the cutting edge of innovative ideas of how cities will function in the 21st century,” says Liu, Jr.
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