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tuning up the triangle

Bellaire's oldest shopping center set for major modernizing makeover

Steven Devadanam
Sep 23, 2022 | 7:42 pm
Bellaire Triangle rendering 2022

The new-look Bellaire Triangle.

Rendering by Boucher Design Group & Levy Dykema

At nearly 63 years old, Bellaire’s first shopping center is in need of an update. Now, a Texas company is stepping in to give the Bellaire Triangle, developed in 1959, a refresh.

Dallas-based Shop Companies is teaming up with MC Management & Development, which owns and developed Bellaire Triangle for a multi-phase renovation to the venerable shopping center.

The renovation is slated to begin in late 2022, according to Shop Companies.

Design focus will highlight both original designs, married with new public art installations from local talent. A centerpiece of the makeover will be the restoration of the open-air arcade between the two main buildings, meant to provide a relaxing, naturally-lit space during daytime shopping activity and a warm social gathering spot for area residents and families in the evenings.

Extra attention will be also be placed on landscaping for open-air dining, shopping, and lounging.

“We have approached this project with history in mind,” said MC Management’s Dan Meyer in a statement. “The new design will expose many of the Triangle’s original architectural elements including steel columns, brick parapet walls and bright accent colors, all of which were typical of the ’50s era.”

So named in part due to its strategic location between three major streets — Bellaire Boulevard to the north, Chimney Rock to the west, and Bissonnet Street to the south — the Triangle shopping center encompasses some four acres and more than 70,000 square feet.

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they're off

Private garages and members-only clubhouse rev up Houston condo project

John Egan, InnovationMap
Jul 13, 2026 | 9:30 am
XSpace Group Rafa Racing condo rendering
Rendering via xspacegroup.com
Private garages allow collectors to store all their treasures safely.

Houston-based XSpace Group has teamed up with two other Houston companies, RAFA Racing Club and Maximo Capital, to develop five industrial condo projects that pair flex space and high-end car storage space with a members-only clubhouse for motorsports enthusiasts.

The five projects will be built in the Dallas-Fort Worth; Miami-Boca Raton; Charlotte-Mooresville, North Carolina; Phoenix-Scottsdale; and Los Angeles markets. Other markets, including Las Vegas, are under consideration for future phases.

XSpace says the initial five-project venture will generate estimated sales of $250 million. Condos will be available to rent or own.

The ground floor of each project will feature a RAFA Racing Club Social & Performance Centre, a members-only clubhouse, event space and lifestyle hub. The remaining floors will offer space for car storage, collectibles, offices and studios. RAFA will operate the ground floor of each building.

“Our goal from day one with RAFA Racing has been to connect people through a shared love of performance and community,” Rafael Martinez, founder of RAFA Racing Club and principal of Maximo Capital, said in a news release. “By pairing XSpace’s forward-thinking condominium design with the exclusive hospitality, networking, and high-performance environment of a RAFA Racing Club clubhouse, we’re establishing a community blueprint where passion meets community.”

Each clubhouse will offer:

  • Lounges
  • Dining, working and networking spaces
  • Concierge service
  • Driving simulators
  • Fitness and conditioning capabilities

“We’re building the most valuable community-driven real estate product in America — and RAFA Racing Club is the anchor that makes it unlike anything else on the market," Byron Smith, founder of XSpace, added in a release. “By integrating our flexible, high-end industrial condominiums with RAFA’s world-class hospitality and automotive community spaces, we are completely redefining what commercial real estate can be for the motorsports enthusiast.”

RAFA operates facilities for motorsports fans in Houston and Austin. The clubs, geared toward wealthy people, entrepreneurs, executives, and brand partners, combine a clubhouse, garage, paddock (racing’s version of a locker room), a “human performance” center, and driver training programs.

RAFA plans to open seven clubs in the U.S. and three outside the U.S. over the next four years.

XSpace operates a high-end office, warehouse, and lifestyle condo project in Austin and is building a project in Houston that’s set to open in 2027 near the Houston Design Center at 7022 Old Katy Rd.

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This story was first published on our sister site InnovationMap.

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