Back in the 1980s, some demographers predicted that one day, the center of Houston would be near I-10 and Beltway 8. Looks like they eventually may be right.
CityCentre, the phenomenally successful mixed use center on Houston's west side, is expanding with the purchase of the adjacent Four Points by Sheraton Houston West. Midway, a Houston-based privately owned real estate development and investment firm that owns CityCentre, bought the hotel at 10655 Katy Freeway, at the southeast corner of I-10 and Beltway 8, for an undisclosed price.
The hotel will be managed by the Valencia Group, which also manages Hotel Sorella.
Located on a three-acre tract of land, the hotel includes 171 rooms and 81 two-room suites as well as a parlor, a restaurant a lounge, an outdoor pool, 2,800 square feet of meeting and event space, a fitness facility and a business center. It was renovated in 2007 and rebranded from a Radisson Suites.
In a statement, Midway vice president Stephen J. Bryant said the addition of the hotel will address two major goals of the complex: Expansion and increased hotel capacity.
“This property allows us to broaden our offerings in terms of accommodations, function space and price point to support the needs of our neighbors in Westchase and the Energy Corridor, who often look to us a preferred locale for business travel and meeting needs," he said. "The timing is particularly exciting given the upcoming groundbreaking of CityCentre Five, which represents the completion of build-out on our original 37 acres."
As CultureMap previously reported, Midway bought the former Luby's site at 825 Town & Country Way to develop CityCentre Five, an eight-story office building with a parking garage, 195,000 square feet of office space along with restaurant and retail space on the ground floor. Construction begins this fall.
The pedestrian-friendly mixed use complex includes retail, dining, office space, 22 penthouse residences, luxurious lofts, a Life Time Athletic fitness facility and spa and Studio Movie Grill.