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    Real Estate Round-up

    Old palace theaters saved in the South: Will Houston join in before everything'sgone with the wind?

    Ralph Bivins
    Nov 15, 2010 | 12:11 pm
    • The Alabama Theater sits vacant and is considered in danger.
      Photo by Ralph Bivins
    • Saenger Theatre in New Orleans is an example of what can happen when an oldpalace is saved.
      Photo by Ralph Bivins
    • The Plaza Theater in El Paso was resorted just when it looked lost.
      Photo by Ralph Bivins
    • Houston used to be full of hopping theaters, including the Majestic (shown herein 1937).
    • Saenger Theatre
      Photo by Ralph Bivins
    • Saenger
      Photo by Ralph Bivins
    • Saenger Theatre
      Photo by Ralph Bivins
    • Saenger Theatre
      Photo by Ralph Bivins
    • The Plaza Theater in El Paso
      Photo by Ralph Bivins
    • The Bellaire Theatre is another example of Houston's need to fight for its past.
      Photo by Ralph Bivins
    • Bellaire Theatre
      Photo by Ralph Bivins

    Pace Concerts founder Allen Becker, a legend in Houston’s entertainment scene, understands the importance of great amusement palaces.

    Becker and his partners have a mission to save some of the great theaters of the South.

    Becker knows too many urban theaters have slipped into dark and decay. People don’t go downtown into huge theaters to watch Gone with the Wind on a big screen. Suburban multi-screen movie theaters edged out the big dinosaurs long ago.

    Some of the great theater buildings from the past remain as empty shells. Some have been destroyed. Many of the theater buildings are gems that only need to be polished to shine again, if only we can keep the wrecking ball away. Houston’s great art deco shrine from the 1930s, the Alabama Theater on Shepherd Drive, sits vacant and is considered to be endangered by preservationists.

    NOLA’s Treasure

    Becker is chairman of ACE Theatrical Group, which is starting a major redevelopment in New Orleans — rebuilding of the Saenger Theatre.

    The Saenger opened in 1927 as a playhouse for Vaudeville shows, before it became the city’s main theater for movies. It’s been boarded up since being damaged by Hurricane Katrina.

    Work will begin in December to restore the Saenger — a $50 million project that developers say will retain and preserve the design and craftsmanship that made the Saenger a place of wonder. The plaster and terra cotta ornamental elements will be restored.

    The original carpeting and seat upholstery will be duplicated. Missing light fixtures will be replaced with replicas that will match the originals. Materials that were applied in a series of remodeling efforts over the years will be removed to produce a look that is consistent with the original 1920s design.

    Martinez + Johnson Architecture of Washington, DC, is overseeing the restoration.

    In the end, the 80,000-square-foot theater at 1101 Canal Street will have 2,800 seats and it will have a constant stream of shows and programming, says David Anderson, president of Houston-based ACE Theatrical Group and the Saenger Theatre Partnership.

    A production of Lion King will open at the Saenger in early 2012, Anderson says. The rear wall of the theater will be torn down in order to expand the backstage area and make it sufficient for Broadway shows.

    A restored theater like the Saenger, which is receiving some government grants and tax assistance, and can inject a lot of economic benefit into a community, Anderson says. Cities spend hundreds of millions to build sports stadiums that are dark over 300 days a year. A theater may be dark only 60 or 80 days a year, he says, generating a more consistent activity and sustained tourism than sports facilities.

    “These theaters are community treasures. They were built in the 20s in the downtowns. But they fell into disrepair when there was flight to the suburbs and the suburban multiplexes came in,” Anderson says.

    ACE Theatrical has redeveloped a number of classic theaters, including the Empire and Majestic theaters in San Antonio, Boston Opera House, Warner Theater in Washington DC and the Orpheum Theatre in Memphis. The Saenger redevelopment will revitalize a portion of New Orleans that has been struggling to thrive after Hurricane Katrina.

    “New Orleans needs this and it’s going to be fantastic,” Anderson says.

    Documenting a Resurrection

    Houston filmmaker Jeffrey Mills has been creating a documentary, Before the Curtain Rises. The film, which Mills hopes to be able to air on PBS, will focus a lot of attention on the old Texas-based Interstate Theatres chain and the restored Plaza Theater in El Paso.

    The Plaza opened in 1930 and was the hub of downtown entertainment for years before being shuttered in the face of competition from drive-in movies and suburban theaters. The Plaza remained vacant for decades and was about to be demolished to make way for a parking lot, before the community protested and saved it. After a $38 million County Council-backed renovation, the El Paso theater reopened in 2006.

    Through a non-profit group, Documentary Alliance, Mills is raising money for the completion of the film. The documentary would be instructional for the next generation of people who will be accustomed to downloading movies over the Internet and may never go out to see a movie. For more on the documentary, see www.interstatetheatres.com.

    Big movie palaces aren’t needed for film exhibitions any more. But perhaps redevelopment projects like the Saenger and the Plaza can show us why these theater buildings need to be saved and how they can be adapted for other uses.

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

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    How Sweet

    Sugar Land's first new apartment complex in 13 years breaks ground

    Brianna McClane
    Dec 11, 2025 | 12:30 pm
    Pearl Lake Pointe luxury apartment complex Sugar Land.
    Rendering Courtesy of Morgan
    Pearl Lake Pointe is a 376-unit luxury apartment complex slated for early summer 2027 in Sugar Land.

    Sugar Land is welcoming its first new apartment development in more than a decade. Pearl Lake Pointe, a 376-unit luxury community from developers Morgan and Carlyle, is underway at 16435 Creekbend Drive.

    Construction began in November, with an official groundbreaking held this week. “The groundbreaking of Pearl Lake Pointe marks an exciting new chapter for the Lake Pointe peninsula,” Sugar Land Mayor Carol K. McCutcheon said in a statement. “After years of planning and collaboration with Morgan, this project delivers much-needed, high-quality multifamily housing and strengthens our long-term vision for a vibrant, connected district. This milestone will help drive continued reinvestment and momentum throughout Lake Pointe and across Sugar Land.”

    Set across 6.46 acres, the five-story complex will feature five live-work units, a six-story parking garage, and 9,940 square feet of commercial office space. Fitness centers, a resort-inspired pool, a golf simulator, a sky lounge, and a cafe are among the planned amenities.

    Inside the residences, features include open-concept floor plans, quartz countertops, stainless-steel appliances, washers and dryers, and balconies in select units.

    “Pearl Lake Pointe is a unique opportunity to elevate the living experience and set a new benchmark for luxury in Sugar Land,” Kase Pappert, Morgan senior development manager, said. “We are grateful for the City’s partnership and look forward to helping re-energize the Lake Pointe peninsula with a welcoming community that feels like home and connects residents to the amenities right outside their door.”

    Roughly 20 miles from downtown Houston, the site has views of Brooks Lake and is adjacent to the former Fluor corporate campus currently being transformed into the Lake Pointe Green mixed-use development.

    The first Pearl Lake Pointe units are slated for delivery in early summer 2027. Morgan and Carlyle will own and manage the community, with project financing provided by Texas Capital Bank.

    “With Pearl Lake Pointe, Carlyle and Morgan are redefining multifamily living and adding meaningful momentum to address the demand for high-quality housing in the Sugar Land submarket,” said Adam Buchwald, Carlyle managing director and partner. “Partnering with Morgan — an accomplished developer with a strong track record — makes this project even more exciting, and Pearl Lake Pointe is a standout addition to Carlyle’s portfolio of high-quality multifamily developments.”

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