Australian Developer Picks Up Another Midtown Parcel East Of Main

Midtown Houston
Midtown Houston

Caydon Property Group has purchased its second Midtown tract, a 41K SF parking lot bounded by Dennis and Fannin, next to the old Greensheet building along Main Street's light rail line. Renovation of the property will include offices, a restaurant and rooftop event space designed by Midtown natives Studio Red Architects, the Houston Chronicle reports. Caydon is also planning a 26-story, $200M high-rise residential tower one block south along Main Street at 2850 Fannin. Both developments will be east of Main Street, which has been criticized as a barrier to Midtown's booming development.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

Holographic Zoo Leases 51K SF Coconut Grove Building For First Location

Hines Spends $170.5M On Mixed-Use Portfolio In Dallas' Bishop Arts District

Local Investor Pays $30M For Block 37 In Heart Of Downtown Chicago

M Core Extends Its Retail Shopping Spree

Oprah-Backed Health Food Chain Files For Bankruptcy, Seeks To Exit Leases

Federal Realty Spends $508M On Alabama Power Center

Gas Prices Are Soaring, But Gas Station Investors Aren’t Flinching

Arlington 'Ripe For Development' As It Carves Out DFW Identity

Pool Supplier Leslie's Files For Bankruptcy, To Close 76 Stores

Kava Bars Are Booming. Kratom Is A Big Reason Why

GGP Lines Up $400M Loan To Refinance New England's Largest Mall

Disgraced Houston Housing Official Sentenced For Misusing Public Funds