Posted Oct 20, 2015, 2:53 PM
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Join Date: Jan 2009
Location: Saint Edwards (Austin)
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HOUSTON | Menil Expansion High-Rise | FT | FLOORS
May contain affordable housing units. The developer is rumored to be Hines.
http://www.houstonchronicle.com/news...ct-6571297.php
https://www.google.com/maps/@29.7343...8i6656!6m1!1e1
Quote:
Originally Posted by Houston Chronicle
Menil Expansion Includes New Multifamily High-Rise
By Mike MorrisOctober 14, 2015 Updated: October 14, 2015 11:22pm
The Menil has added a cafe, rebuilt its parking lot and is building a drawing institute. Up next, deputy director Sheryl Kolasinski said, is the renovation of apartments the museum owns along Richmond Avenue into a new multifamily tower.
The museum plans to develop a 2.6-acre park next to the new tower and extend the dead-end streets of West Main, Colquitt and Loretta, laying new utilities in the process. The city has proposed asking the museum to build the public infrastructure and park, then reimbursing up to $10 million of those costs via a tax break on the new tower.
The museum's plan would not look different in the absence of public support, Kolasinski said, but it would take longer to complete.
"It's an example for development in Houston," Kolasinski said. "There are free, publicly accessible museums in a publicly accessible park-like setting in a neighborhood that is preserved and pedestrian-friendly. It's one of the few clearly walkable neighborhoods we have, and everything we can do to make more of it is to the benefit of the citizens of Houston."
A portion of Midtown's funds, by law, are set aside for affordable housing, Icken noted, adding that likely will be part of the discussion surrounding the new tower.
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Last edited by Urbannizer; Oct 20, 2015 at 3:34 PM.
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