Pavilions groundbreaking scheduled
The downtown Pavilions project will finally break ground next week, and with the announcement comes news that the development will no longer include condominiums (via the Houston Business Journal):
Two new anchor tenants for the Houston Pavilions will be announced on Feb. 27, the day the project officially breaks ground.
The mixed-use project from developers William Denton and Geoffrey Jones will finally begin construction almost a year behind schedule.
The development also has changed in scope from the original vision, with 140 planned condominiums no longer part of the mix, a change that reduced the total value of Houston Pavilions to $170 million from $200 million.
You'll recall that the developers lobbied hard for some financial help from the city and county, at least $14 million worth of help.
Which reminds me: Have we heard anything recently about Metro's big mixed-use transit center development?
Posted by Anne Linehan @ 02/24/07 01:28 PM | Houston Miscellany | Technorati | Sphere | Comments (1)
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