from drab to fab?
Montrose makeover? Key lower Westheimer block is up for sale
You know the nondescript, half-filled eye-sore of a shopping center on the corner of Westheimer and Montrose, home to Half Price Books and Spec's Liquors?
Swamplot is reporting that the full city block of property — including the Jack-in-the-Box on the corner of Montrose and Lovett — is up for sale, with an indicated "'price guidance' of $10 million or higher."
The 41,838 square foot building on the lot was once the Tower Community Center, a counterpart to the Tower Theater that now houses El Real Tex-Mex, but the colorful art deco design has long since been covered with spray-on stucco, resulting in, well, a bland building on a block nearly devoid of vegetation.
Commercial real estate intermediary HFF cites the listing as "an excellent opportunity to acquire a value add retail center or a prime redevelopment opportunity ideal for multi-family, hotel, retail, medical, or mixed use development."
What would you like to see on that busy corner? A revamped facade a la Melcher Crossing, or something new altogether?