May 14 Issue_002houston 4/21/14 4:08 PM Page 50
ON OUR RADAR
REAL ESTATE
PELICAN BUILDERS, INC. SELLS OUT TWO LUXURY DEVELOPMENTS Pelican Builders, Inc., a premier homebuilder and developer, announced that its two luxury developments (the 16-story condo Highland Tower and the 24-home, gated community, Briarglen Commons) are now completely sold out! Pelican Builders, Inc. has recently purchased land in the elite River Oaks District with plans to build a new luxury townhome development. URBAN ACTIVITY CENTER AND COMMUNITY FOCAL POINT Since the Levy Park Steering Committee was first established 17 years ago, the Upper Kirby District has nearly doubled the original footprint of the park. The revamping of Levy Park starts this summer with innovative and exciting features including a new performance pavilion, event lawn, dog park, restaurants, retailers and much more to make this park the new heart of Houston’s Upper Kirby District.
A NEW GABLES TANGLEWOOD PROMISES WALKABILITY + COMMUNITY A new luxurious mixed-use development is taking root in Tanglewood with a one-, two- and three-bedroom apartment complex plus resort-style amenities. Dish Society, the recently opened farm-to-table restaurant, is slated to set up shop in the building that will be just a few blocks away from The Galleria’s shopping, entertainment and business district.
BUSINESSUITES SIGNS ON AS A TENANT IN TWO HUGHES LANDING ON LAKE WOODLANDS The Howard Hughes Corporation and The Woodlands Development Company have announced that BusinesSuites has signed a lease on the fourth floor of Two Hughes Landing on Lake Woodlands. Hughes Landing is anticipated to be a dynamic environment within The Woodlands featuring office buildings; shopping, dining and entertainment; Whole Foods Market; a hotel for business and leisure travelers; a state-of-the-art fitness center; and up to 800 upscale multifamily residences. Opening this summer with 60 offices and three meeting rooms.
50. may 14 | www.002mag.com
MIDWAY IN PARTNERSHIP WITH HOUSTON-BASED VALENCIA GROUP TO DEBUT A NEW LUXURY HOTEL BRAND AT DOWNTOWN HOUSTON’S GREENSTREET Midway and the Valencia Group have partnered again, introducing the new luxurious Hotel Alessandra. With Hotel Sorella CityCentre as their first venture together, it is obvious this new hotel debuting late 2016 will be a successful addition to Houston. Conveniently located near popular destinations, sporting complexes, the Texas Medical Center and the Houston METRO rail, Hotel Alessandra is going to be an anchor in the city’s plans for a vibrant, mixed-use retail district in downtown Houston.
KARBACH BREWING COMPANY’S $15 MILLION EXPANSION Houston-based Karbach Brewing Co., partnering with Silver Eagle Distributors to expand Karbach’s presence in Houston and San Antonio, has officially broken ground on what will be an additional 1.2-acre tract next to its existing facility. The new facility will house a 120-barrel, German-designed brewhouse, tasting room, private event space and a kitchen. Once the expansion is completed, the brewery will be able to produce 60,000 barrels annually with room for future growth.