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A development worth waiting for

La vie Bohème Houston-style: How the new IAC arts complex will transform Midtown

David Theis
David Theis
Jan 21, 2012 | 4:00 pm
The new complex is expected to draw visual and performing arts groups from the surrounding area under one roof.

We’ve been waiting for a long time for a great urban project to take shape along the Main Street rail line, but with the Independent Arts Collaborative’s (IAC) announcement that it is going to build its long-awaited space at 3400 Main (near the Ensemble/HCC rail stop), the wait is finally over.

Or at least it will be by 2015, when the complex is scheduled to open.

As Tyler Rudick reported, the 85,000-square-foot complex will include four or five small performance spaces, a 400-seat theater, exhibition space, classrooms, and office space. No one has signed a lease yet, but the tenants/collaborators will surely include some of the city’s strongest mid-level arts organizations, such as DiverseWorks, Main Street Theater or Suchu Dance. Emily Todd, president of the IAC board, told me that the organization has been in talks with 38 different companies.

Beyond the benefits to the arts groups and the arts patrons, I’m most excited about what this complex will mean to neighborhood and even the city itself.

According to Todd, the various organizations “want to be sure they won’t lose their individual identities” by joining the collaborative. But there’s little doubt that the final roster will be stellar, as the IAC will be able to offer its members powerful benefits.

The spaces should be affordable—not costing more than the organizations pay now—despite the increased visibility they will offer. And the collaborations between the groups should be spectacular.

The benefits to the arts patron are immediately obvious. Todd says the complex will be “an arts multiplex.” If you’re looking for something to do, but you don’t know exactly what, you can simply head on over (hopefully on the train) and see what’s playing. This is a very exciting concept, one that Todd says is more or less unique nationally, at least at this scale.

But beyond the benefits to the arts groups and the arts patrons, I’m most excited about what this complex will mean to neighborhood and even the city itself. As I said, the rail line has not inspired the kind of immediate development people perhaps naively expected. Midtown remains pocked with surface parking lots, and the whole idea of using rail to promote dense inner-city development, rather than as a commuting tool for suburbanites, was looking rather dubious. This project should change that perception — at a time when the next wave of rail is already under construction.

Significant neighborhood development

The IAC complex is sure to inspire, or at least accompany, significant neighborhood development. Developer Bob Schultz, co-owner of the Continental Club and of the colorful boutiques that are the Continental’s neighbors, says he’s planning extensive further developments in the blocks just south of IAC. He’s planning to build housing, a parking garage, and more unique retail. A hotel is also on the drawing board.

Schultz told me, “The hope is that we’ll have a 24/7 city (in the area).”

And just blocks away, HCC Central Campus has already begun a very exciting redevelopment of its historic campus, one that will mend and strengthen the area’s badly torn urban fabric.

This development comes at an interesting time in the city’s growth. Recent developments in Montrose—the opening of H-E-B, and Marvy Finger’s announced plans to build a massive “Mediterranean style” apartment complex in the Fiesta space across the street—appear to finally signal the end of Montrose’s status as “the strangest neighborhood east of the Pecos,” as Texas Monthly dubbed it way back in 1973. It’s simply become too shiny and comfortable.

Of course, to a large extent la vie bohème Houston-style has already moved on, without really settling anywhere. Midtown should soon become its new and soulful home.

The site of the proposed IAC arts complex in Midtown is near the Ensemble HCC light rail stop.

unspecified
news/real-estate

cashing in

Millionaire sports bettor’s massive Katy compound listed for $11.2 million

Holly Beretto
Jul 17, 2026 | 2:00 pm
Exterior of 4233 Two Gun way in Katy
Photo by APEX Media
4233 Two Gun Way is a 12-acre estate in Katy, on the market for $11.2 million.

Step inside the house that betting built. 4233 Two Gun Way in Katy, the 12-acre compound owned by Michael Cohen, is on the market for $11.2 million. It’s represented by Nicholas Moncada of Douglas Elliman.

Cohen is an avid sports bettor and a five-time $1 million winner on DraftKings. He purchased the spread, which is made up of three four-acre parcels, with his winnings. Cohen renamed both the private street and estate “Two Gun Way” after his betting handle. He also commissioned custom branding for the place, which means that buyers will find a modern Texas ranch with its own visual identity.

The French-style estate offers exceptional luxury living with room to create the ultimate family compound. Designed by Houston-based Frankel Design Build, the main home sprawls across 14,741 square feet and is intentionally divided into two distinct experiences. One whole wing was inspired by the arcade energy of Dave & Buster’s, created specifically for entertainment and social gathering. It’s anchored by a two-lane Brunswick bowling alley, theater with concession stand, game lounge, bar, and indoor-outdoor entertaining spaces.

The opposite wing has a hidden passage off the study, and opens into a soaring two-story library designed to feel timeless, immersive, and transportive.

An open-concept floor plan gives the home everyday comfort, with ample space for grand-scale entertaining. The living and dining rooms offer sweeping views of the grounds. Home cooks will delight in the chef’s kitchen with Wolf appliances and custom Benedettini cabinetry. Two bedrooms and two full baths are downstairs, along with two powder rooms. Upstairs, find three to four additional bedrooms with four full baths.

Substantial attic space offers the potential to add additional rooms.

Additional highlights include a separate catering kitchen, elevator-ready design, three staircases, three fireplaces, a six-car garage, a whole-home generator, an outdoor kitchen with a serving window from the interior bar, and a detached casita. A pond and barn complete the compound.

A 4,124-square-foot residence with its own three-car garage is on the second parcel of land, providing a space for in-laws, guests, or an estate caretaker. Approximately four of the estate’s 12 acres are cleared, and the next owners will find land large enough for everything from a private sports field or additional structures to other amenities limited only by their imagination.

With its Katy location, 20 minutes from the future Houston Texans Toro District and global headquarters development in Bridgeland, this is an estate that reflects the growing demand for highly private, amenity-rich compounds catering to athletes, entertainers, executives, and multigenerational families seeking space without sacrificing proximity to Houston.

Exterior of 4233 Two Gun way in Katy

Photo by APEX Media

4233 Two Gun Way is a 12-acre estate in Katy, on the market for $11.2 million.

home-for-sale
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