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    CultureMap Video

    Raw transformation: An exclusive first look at DiverseWorks' new Midtown artvenue

    Joel Luks
    Aug 16, 2012 | 6:03 am
    Raw transformation: An exclusive first look at DiverseWorks' new Midtown artvenue
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    The building that previously housed the beloved Cleburne Cafeteria on the corner of Fannin and Cleburne streets looks nothing like it did back in 1969 when the eatery closed in the location. Then again, it looks nothing like it did eight months ago when it was acquired in November by a group of investors (who wish to remain anonymous) and developed as Art Square Studios on Fannin by Kaldis Development Interests.

    The exterior is no longer the rust color of brick. It has been painted white. A dark graphite hue on the soffits and fascia accentuates the roof line, windows and dormers. The color of the shingles fools the eye into thinking they are clay tile — they aren't.

    This is the future residence of DiverseWorks Artspace, officially at 4102 Fannin St. — though the art presenter's entrance is accessible from Cleburne, where street parking is available.

    "We wanted to be a part of this," Elizabeth Dunbar, DiverseWorks executive director, tells CultureMap on an impromptu tour of the premises. Dunbar was referring to her neighbors on the other side of the building— the artists who will occupy 21 work spaces in Art Square, where only two vacant spaces remain.

    A huge, fresh air shared parking lot/patio where guests attending receptions, parties and socials could easily get carried away.

    "It's important to become a part of this revival in preparation for the (proposed) Independent Arts Collaborative (at 3400 Main St., less than half-a-mile away)."

    DiverseWorks' facade is a long uninspiring solid wall with a couple of doors — though not for long. Designer Kara Rockefeller Williams, the consultant helping Dunbar partition the open concept, plans to add lots of glass to the front and to the sides in places where windows originally hung to bring in natural light.

    Inside, a door leads to an exterior alley from which the offices, a work in progress, can be accessed. The most exciting feature is on the second floor: A huge, open air parking lot/patio where guests attending receptions, parties and socials can easily get carried away.

    Though the 5,500 raw warehouse is a blank slate, it's about half the size of DiverseWorks' current home just north of downtown. Dunbar thinks the new property can be divided into a visual arts gallery and a performing arts area that can accommodate up to 100 guests, coming close to the 110-seat capacity of the current location.

    Her goal is to program many site-specific performances that won't require a physical theater.

    But for larger shows that require a theater space, she's open to the possibility of renting other venues, like Barnevelder Movement/Arts Complex or maybe returning to DiverseWorks' former home, for which Catastrophic Theatre is considering signing a lease, she says.

    Catastrophic's officials declined to comment on these proceedings, but they acknowledged that they are exploring a myriad of possibilities, and that the company's next show will be at Frenetic Theater on Navigation.

    Watch the video (above) for a short tour of the DiverseWorks new home at 4102 Fannin St.

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    news/real-estate
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    REAL ESTATE NEWS

    More Houston homeowners are becoming 'accidental landlords,' study finds

    Brandon Watson
    Mar 18, 2026 | 10:30 am
    For Lease Real Estate Sign Hangs in Front Yard of House
    Getty Images
    An increasing number of San Antonio homeowners are bcoming "accidental landlords"

    Houston homeowners unable to sell their properties are increasingly becoming “accidental landlords,” according to Zillow. The real estate marketplace’s newest analysis says that 4.2 percent of its local for-sale listings recently converted to rentals, making the Bayou City the second-worst U.S. city for the market trend.

    Only Denver (4.9 percent) ranks higher, with Austin (4.1 percent) and San Antonio (3.9 percent) not far behind. Seven of the top 10 metros are in Texas or Florida.

    Zillow senior economist Kara Ng says today's dynamic is driven by choice rather than panic. Homeowners aren't being forced to sell; they're simply unwilling to accept what the market will actually pay.

    "As the market continues to rebalance, sellers are facing a different reality than they did a few years ago," Ng said in a statement. "Bargaining power is tilting toward buyers, and homes are taking longer to sell, making renting out a property one way to buy time rather than compete aggressively on price. After all, today's sellers are rarely forced to sell, and it appears they are often unwilling to budge off of what their heart says their home is worth."

    Nationally, the trend is nearing a record high. 2.3 percent of all Zillow rental listings were recently for-sale properties, second only to November 2022, when mortgage rates had doubled in a single year, and sellers were scrambling. That spike was shock-driven, but now stubbornness is likely fueling the shift.

    Single-family homes make up the largest share of accidental landlord properties, but condos are seeing the fastest rise. Metros with the hottest buyer competition, including Boston, New York City, and Providence, Rhode Island, have the lowest accidental landlord rates.

    For both local buyers and sellers, Goldilocks thinking is increasingly the norm. Sellers, especially those who bought during the COVID-19 boom, are holding their asking price firm to avoid taking a loss. Buyers, for their part, are refusing to compromise on concessions and repairs.

    Meanwhile, the city's rental market keeps getting larger. In 2025, rental listings website Point2Homes placed the Houston area among the top 10 U.S. metros building the most new homes for rent.

    home marketrentinghome ownershipzillowrankingsreal estate
    news/real-estate
    series/state-of-the-arts-2012

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