The project by Sabot Development will consist of 299 market-rate units, 12,000 square feet of retail and 429 parking spaces.
AREA Real Estate
Efforts by state lawmakers to rein in the use of public facility corporations, which provide lucrative tax breaks to developers building mixed-income apartment complexes, have remained under the radar at the Texas Legislature, with battles over voting and gun rights dominating the headlines.
A tiny park is slated for Jefferson Street next to the Burns building.
GrayStreet Partners, one of the largest holders of downtown real estate, has begun putting a 15,000-square-foot food hall into the ground and mezzanine levels of the former children’s museum on East Houston Street.