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    Real Estate Round-up

    Skyscrapers buck the recession: Hines plans another new office tower fordowntown Houston

    Ralph Bivins
    Mar 15, 2011 | 6:24 pm
    • Hines plans to construct a high rise office building in downtown on the blockbounded by Main, Texas, Fannin and Capitol.
      Photo by Clifford Pugh
    • The proposed new skyscraper is only a couple of blocks from Hines' newest officetower.
      Photo by Ralph Bivins
    • The 811 Main Building has been renamed the BG Group Place and is open now.
      Photo by Ralph Bivins

    The Hines real estate organization, which has built 23 skyscrapers in downtown Houston, is planning another one.

    The project, if it comes together as planned, would result in a major office building on Main Street, catty-cornered from the historic Rice Hotel building.

    Hines would not proceed unless a major office tenant has been signed, but the developer has been in serious discussions with significant corporations looking for downtown space. Some people in the real estate community say this could be the real deal — a big tenant ready to make a commitment and kick off another Hines downtown project — and soon.

    The development site is bounded by Main, Texas, Fannin and Capitol. Years ago, a McDonald’s outlet was located there, but it was torn down and another developer proposed to build a condo tower. Hines took control of the ownership of the block several years ago and it is mostly used as a surface parking lot today.

    Architect Retained

    Mark Cover, chief executive officer of Hines’ southwest region, says an architect has been retained and a schematic design of the new building has been finished.

    Hines is not prepared at this preliminary stage to name all of the parties involved or disclose details about the negotiations underway, of course. But after writing about Hines for a few decades, the project appears to me to have the earmarks of a very serious proposal.

    Cover says that, yes, it is possible that groundbreaking could occur later this year. Skyscrapers take about two years to construct, so it would be 2013 before the new tower is completed.

    The office vacancy rate has been rising in downtown. At year-end, Houston’s prime Class A buildings in downtown were 7.29 percent vacant, up from 6.1 percent vacancy rate a year earlier, according to the CB Richard Ellis real estate firm. Several energy firms, such as Shell and Devon Energy, are expected to vacate big chunks of downtown space.

    But at the same time, other energy-related companies are looking to expand in downtown and one of those companies would likely be the lead tenant in the new Hines tower.

    New buildings, designed with energy efficiency and sustainability in mind, are in high demand.

    “We really believe that the marketplace is differentiating between new generation buildings and 35-year-old (plus or minus) buildings,” Cover says.

    Block 69

    Hines has just completed the 46-story BG Group Place tower at 811 Main Street, just two blocks south of the site of the proposed new building. The BG Group Place, on top of other prior improvements, validated Main Street as a prime corporate address.

    A few weeks ago, Hines President and CEO Jeff Hines told CultureMap that Main Street is the preferred location for new office projects today.

    “If we do the next building, that’s where we would go,” Hines said.

    With the new BG Group Place tower opening and the Hess Tower building nearing completion near Discovery Green, some were anticipating it could be many years before another new building was started in downtown Houston.

    But Hines said the timetable for the next addition to Houston’s skyline could be fast-paced.

    “I think it could be surprisingly quick,” Hines said in an exclusive interview. “We’re seeing a real upsurge in activity. We’ve talked to quite a few large tenants. It’s hard to say because we’ve just come through some hard times. But I think it could be surprisingly quick that we could we see a new building.”

    The new Hines project is proposed for a block of land known as “Block 69.” Developing an office tower there would certainly be good news for the nearby Rice Lofts and the Magnolia Hotel at 1100 Texas Ave.

    “Block 69” also would have great access to the Metro light rail, the Theater District and Minute Maid Park. Plus, for those who haven’t visited lately, Main Street is more pedestrian-friendly and feels safer at night.

    “While we would certainly look at other sites, we believe that the change on Main Street brought about by 1000 Main, BG Group Place and public infrastructure, has made Block 69 one of the most logical and desirable locations downtown,” Cover says.

    Ralph Bivins, former president of the National Association of Real Estate Editors, is editor-in-chief of RealtyNewsReport.com

    unspecified
    news/real-estate

    Home on the Range

    Houston firm creates an eco-friendly escape on historic Texas tract

    Emily Cotton
    Apr 17, 2026 | 10:30 am
    Gates Crossing home exterior
    Courtesy of Gates Crossing
    Homes at Gates Crossing average 4,000 square feet.

    When Scott Frankel completed construction on his ranch property less than an hour’s drive West of Houston, the premier luxury home builder knew that the pristine wilderness surrounding the Brazos River in Washington County was something to be shared—and protected. A few years and 1,836 acres later, Frankel Design Build’s Gates Crossing development offers 40 premium ranch sites surrounding a 600-acre private game reserve.

    Developed on land originally settled by Amos Gates, one of Stephen F. Austin’s “Old Three Hundred,” the property honors its past with thoughtfully-preserved landmarks, including the historic Gates-Perry Family Cemetery and partnerships with the Texas Historical Society. Frankel Design Build made a financial contribution to support the Society’s restoration of nearby Washington-on-the-Brazos and the construction of a new museum celebrating the area's foundational role in Texas statehood.

    The complete restoration of the Gates-Perry Cemetery is something Frankel is particularly proud of. While not forgotten, the cemetery had fallen into disrepair, and a handful of haphazard restoration attempts failed to stand the test of time. Frankel Design Build tapped into their network of specialty masonry trades to restore the cemetery walls to their former glory. A dedication ceremony ensued, and Revolutionary War hero William Gates was honored with an America 250 grave marking, a prestigious recognition from the Daughters of the American Revolution and the Sons of the American Revolution. The four-acre cemetery and surrounding park are managed by the HOA and will never be developed.


    View this post on Instagram
    A post shared by Gates Crossing at Washington on the Brazos (@gatescrossing)


    For a master-planned community, the word “undeveloped” gets tossed around a lot during a conversation with Frankel, who is co-president of Frankel Design Build with his brother Keven. The 40 ranch sites, ranging from 15 to 160-acres, plus Gates Reserve are the draw. Exclusive to residents, the reserve offers premier hunting, horse riding and ATV trails, a shooting range, and uninterrupted access to native wildlife and riverside terrain. Individual sites include stocked ponds for fishing, plus a larger pond site being developed in the reserve for duck hunting—those are the amenities, no fuss.

    “We wanted to cut down on common areas that aren’t something that can be enjoyed on your own,” Frankel tells CultureMap. “Instead of going in and doing what a lot of people do in new neighborhoods, which is put in the token pickle ball courts, tennis courts, basketball area — or worse, a restaurant — you’re sort of going out there to not do that. There are cute towns [like Chappell Hill] that are really close, that’s where you want to be for that. You’re doing this to kind of get out of the city, but the idea is to go out there and walk around in shorts and flip-flops, it’s more of a place to not be seen.”

    The surrounding natural landscape is further protected through Frankel’s environmentally-conscious building practices. The firm remains the only production builder in Texas certified under the LEED for Homes program, providing significant energy efficiency, insurance, and tax benefits to buyers while safeguarding the natural surroundings. Frankel shares that each home will be LEED certified, as long as it does not exceed the maximum size requirement, which he finds unlikely.

    “It’s as sustainable of a home that can be built out there,” he explains. “It’s Mother Nature, and we need to be mindful of her needs. We’ve done a good job of creating an architectural style that’s very cohesive. We are just developing a place to be a part of, just a small gated community. It’s just a different lifestyle, and so far we’ve been able to find clients that are really catching on to it. Its been really cool.”

    Each home in Gates Crossing is built through Frankel’s fully-integrated design-build process, encompassing architecture, interior design, construction, pool and outdoor living, and post-completion support through Frankel Home Care, a 24/7 concierge maintenance service powered by an intuitive digital portal. The firm also owns and operates AVEA Pools & Outdoor Living, offering design and construction for outdoor environments seamlessly aligned with each home.

    “The neighborhood is really about creating a long term place, where 10 years from now — when these are family ranches — people will forget about it as a development, but they will look at it as a very successful, safe place where everything is insulated and looks harmonious.”

    The newly-restored Washington-on-the-Brazos is one of Gates Crossing’s non-amenity-amenities. Known as “The Birthplace of Texas,” after the Texas Declaration of Independence was signed there on March 2, 1836 (eagle-eyed readers will note that the year matches the acreage of Gates Crossing), the Republic of Texas Complex includes a visitors center, the Star of the Republic Museum, Independence Hall, Barrington Living History Farm, and so much more.

    “The people who run it are fantastic,” says Frankel. “These are archeologists and historians who have been out there and are basically rebuilding the town square, it’s unbelievable. What they are doing will become a real attraction, like The Alamo.”

    Ranch sites begin at $850,000. Two speculative homes have been completed and are priced at $3,150,000. The main showhouse has been thoughtfully decorated by Houston interior designer Alexandra Killion, and potential buyers can set up viewing appointments with Samantha Medve, Medve Real Estate LLC (sam@gatescrossing.com) and Courtney Robertson, Compass Real Estate (courtney@gatescrossing.com).

    Gates Crossing home exterior

    Courtesy of Gates Crossing

    Homes at Gates Crossing average 4,000 square feet.

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