Home > New Construction, Uncategorized > New plan for Montrose retail center aims to fit in with the neighborhood

New plan for Montrose retail center aims to fit in with the neighborhood

A Ziegler Cooper Architects-designed retail concept with slots for four or five tenants is expected to break ground once it leases up.

The new plan for the 7,533-square-foot center on the corner of West Alabama and Mandell streets is notably scaled down from a previous multilevel version, as Swamplot reported. Dallas-based Edge Realty Partners, which is marketing the property, said the new concept fits in better in the area.

 

Alabama Row

Edge Realty Partners said they are hoping to complete the 7,533-square-foot center on the corner of West Alabama and Mandell streets by end of first-quarter 2016.

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“The original concept was a large space to fit in a lot of restaurants,” said Josh Jacobs, the manager of Edge’s Houston office. “It was a high-cost plan, but also intrusive into the neighborhood.”

He said the current plan won’t congest an already-dense neighborhood, near the Menil Collection and the Montrose H-E-B.

“There’s amazing density already in that part of West Alabama,” Jacobs said.

Jacobs said there are letters of intent out on the property, and the project will move forward with construction once leases are signed. Edge is looking for nonchain tenants, specifically a coffee shop and/or a chef-driven restaurant. Space is going for $45 per square foot.

The project is expected to be complete by end of first quarter 2016.

Jacobs said this is a small-scale project for Houston-based Ziegler Cooper, and the design has the building close to the street, with self-parking around back and on the side. There’s no general contractor yet signed onto the project.

“The sense of scope of this plan fits in better,” Jacobs said. “We want the neighborhood to love it.”

Roxanna covers commercial real estate for the Houston Business Journal.

 

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