This blurb, via an announcement from the Houston, TX firm Midway Companies, from the Houston Business Journal (http://houston.bizjournals.com/houston/)
CityCentre, a Midway Co. development located at the southeast corner of Interstate 10 and Beltway 8, is adding three new restaurants to its popular collection of eateries and boutiques. Cyclone Anaya’s Mexican Kitchen, Brio Tuscan Grille and Ruggles Green will soon be the newest tenants at the West Houston development. Cyclone Anaya’s is slated to open its fourth location in the area in May, Brio Tuscan Grille is slated to open its second location in the area in April and Ruggles Green is expected to open the doors to its second location the area in June.
CityCentre’s retail roster is also ramping up with LMD Boutique scheduled to open the doors to its fourth area location later this month. Kitchenware retailer Sur La Table and fashion depot Republic of Couture are also scheduled to open later this year.
The 37-acre CityCentre project is a true mixed use development, consisting of office space, retail stores, restaurants, a hotel, townhomes and apartments.
Showing posts with label mixed-use development. Show all posts
Showing posts with label mixed-use development. Show all posts
Monday, March 15, 2010
Tuesday, December 1, 2009
Houston's Bush International Airport May Be Getting a High-End Neighbor
This from multiple sources including Globe St. and the Houston Chronicle:
Houston developer Midway Companies, a Houston company known for building high-end real estate projects, is proposing to create what could be a $50 million mixed-use development near Bush Intercontinental Airport (BIA). The plan, more than two years in the making, could move a step closer to reality this week when Houston City Council(HCC)is scheduled to vote on a development agreement for the land, which is owned by the Houston Airport System (HAS). If HCC approves the project, Midway Companies is prepared to sign a forty-year ground lease agreement for approximately 10 acres along JFK Boulevard from HAS. The parcel is near the BIA consolidated rental car center.
In the ground lease agreement, Midway would have two years to "sell" the concept to tenants and then up to two additional years to construct the project. At a minimum, it would include restaurants, a gas station, a convenience store and a cell phone lot with an electronic system to display flight information, and it may also include office space, retail shops, and a 125-room hotel. This would be the first project of its kind for the airport system.
“We hope this is a great success and we can repeat it at our other airports,” said Janet Schafer, assistant director in the Properties Division for the Houston Airport System, which oversees the city's three airports.
Houston developer Midway Companies, a Houston company known for building high-end real estate projects, is proposing to create what could be a $50 million mixed-use development near Bush Intercontinental Airport (BIA). The plan, more than two years in the making, could move a step closer to reality this week when Houston City Council(HCC)is scheduled to vote on a development agreement for the land, which is owned by the Houston Airport System (HAS). If HCC approves the project, Midway Companies is prepared to sign a forty-year ground lease agreement for approximately 10 acres along JFK Boulevard from HAS. The parcel is near the BIA consolidated rental car center.
In the ground lease agreement, Midway would have two years to "sell" the concept to tenants and then up to two additional years to construct the project. At a minimum, it would include restaurants, a gas station, a convenience store and a cell phone lot with an electronic system to display flight information, and it may also include office space, retail shops, and a 125-room hotel. This would be the first project of its kind for the airport system.
“We hope this is a great success and we can repeat it at our other airports,” said Janet Schafer, assistant director in the Properties Division for the Houston Airport System, which oversees the city's three airports.
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