HOUSTON | Development Thread II

[Urbannizer]

The RO Phase III

8-story boutique office proposed.

[TexasPlaya]

Originally Posted by Urbannizer

800 Preston

36-story office tower proposed for Downtown.

Wow this is back and with a new design

[pacarlson]

Originally Posted by TexasPlaya

Wow this is back and with a new design

I love it!

[Wattleigh]

Man, I don't log into HAIF or here for a while and we end up getting new tower announcements!

Really excited to see how the tower across from Market Square Park will develop. I just remember the excavation for the existing garage was built to connect to a skyscraper, so to see it potentially evolve how Bank of America / Capitol Tower did should be interesting. Especially since the tower will fill only half the block. Definitely a 600'+ tower.

[Urbannizer]

Uptown Oaks at The Hallmark

New renderings. Expected to start next year.

[The Best Forumer]

Originally Posted by Urbannizer

Uptown Oaks at The Hallmark

New renderings. Expected to start next year.

Very interesting.

[Urbannizer]

100 Park Place

Groundbreaking ceremony was held today for this 17-story office building.

[Urbannizer]

Originally Posted by Wattleigh

Another office to residential conversion possible downtown - we will see...

919 Milam


Capital Realty Group

https://realtynewsreport.com/downtown-tower-sold-for-possible-residential-conversion/

The Milam

The Milam is Zhukovskyi Development’s flagship adaptive-reuse conversion: the 24-story, roughly 542,919-square-foot landmark known as 919 Milam — built in 1956 as the Bank of the Southwest Building, the first Houston tower clad in an all-aluminum curtain wall — reborn as a vibrant mixed-use address. The plan brings approximately 400 luxury apartments, studio to two-bedroom, to the heart of downtown, while keeping several office floors in service so the building works around the clock.

At the base, a tunnel-level food hall and restaurant concourse is being curated, with a limited number of spaces now available to lease — a rare downtown opportunity that arrives with built-in demand. The space plugs directly into the Houston downtown tunnel system, where 919 Milam has long stood as a central hub with access in all directions. Operators get a climate-controlled, weather-proof corridor funneling downtown’s workforce past the door, a shared food-hall format that spreads back-of-house and seating cost across vendors, and — for the first time — a growing base of on-site residents who eat dinner and stay on weekends. Select restaurant and retail spaces are available to lease now, ahead of the August 2027 groundbreaking.

The acquisition recently closed. Houston led all ten major U.S. metros in return-to-office in 2025, weekend foot traffic downtown has rebounded to roughly 97% of pre-pandemic levels, and a wave of office-to-residential conversions is bringing new full-time residents to the core. A November 2023 AECOM study ranked 919 Milam the second-most conversion-suitable building downtown. With groundbreaking targeted for August 2027 and delivery in early 2029, the operators who move now will define the address from day one.

[currysteph]

Originally Posted by Urbannizer

100 Park Place

Groundbreaking ceremony was held today for this 17-story office building.

The AI rendering on their website is incredible....its looks as if the building is already completed.

[DCReid]

Both buildings offer great redevelopment opportunities and could redefine the downtown skyline, Cushman & Wakefield's Tim Relyea said.

https://www.bizjournals.com/houston/news...ield-listing-downtown-office-towers.html

[weatherguru18]

Holy toledo!

[TxinLosFeliz]

I knew Devon Energy was moving to Houston but it looks like they brought a variation of their OKC Tower. Would be a nice land for downtown Houston but I suspect the boring, suburban energy corridor will win out as that is where they currently landed.

[Wattleigh]

One Market Square / 800 Preston

New renderings c/o CREGuy13 on HAIF

[Wattleigh]

Anyone have any insight on this?

A blurb from the HBJ on some of the newer ultra-luxury condo towers in development.

The named projects included The Birdsall, St. Regis, Ritz-Carlton Houston, Ritz-Carlton Woodlands.

In greater Houston, there currently are four super-lavish projects in development, all of which aim to claim the title of the area’s finest. Additionally, Benjamin Watson, a vice president at Douglas Elliman, said a fifth branded condo tower might be coming soon.

[TowerSpotter]

Originally Posted by Wattleigh

Anyone have any insight on this?

A blurb from the HBJ on some of the newer ultra-luxury condo towers in development.

The named projects included The Birdsall, St. Regis, Ritz-Carlton Houston, Ritz-Carlton Woodlands.

There was supposed to be a 50 story condo coming to the BLVD Place at some point. I’m thinking it could be that.

[TxinLosFeliz]

I'm guessing it's the rumor for a hotel/condo branded tower near the St Regis Hotel just inside the loop.