In 2015, GrayStreet Partners announced it had purchased several iconic buildings on East Houston Street, and spoke of the corridor’s rebirth. Nearly seven years later, the local developer has been selling off its assets as it shifts focus, and capital, to other projects.
Weston Urban has purchased an historic building on the River Walk that once housed the famous Navy Club nightclub in order to provide river access to the adjacent Milam Building, which it plans to refurbish.
The city’s renovation of the former Frost Bank headquarters has increased to $141 million, while expecting to save the city money in the long-run, city officials said.
“We would love to host events here at the park in the future, during Fiesta or Oktoberfest, and see possible wedding receptions being held here,” the new park’s director, David Robinson Jr. said looking forward to when the pandemic is over.
The Austin-based store will offer a little bit of everything, “coffee and breakfast tacos, grab-and-go salads and sandwiches, grocery, beer/wine, snacks, beverages.”
Two weeks ago, the developer purchased an old two-story commercial building on the northwest corner of Commerce and North Flores streets.