sábado, 21 de enero de 2012

A&R Development picked for $17M Jonestown project - Houston Business Journal:

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The project falls into the city’s aims to remake Centralk Avenue, which has seen a wave of new development in receny years building off the success of nearby Harbor East. A&R, led by Anthony Rodgers, hopes to builcd a mixed-use development including 107 rental 18,000 square feet of retail space and 156 parking said Tuesday it awarded the firm exclusive negotiatinyg rights forthe city-owned land at 110 S. Centra Ave. and 1120 Granby St. The properties combine for about 29,00 square feet. The BDC, the city’as economic development arm, offered the and two others, up for redevelopmen t in August 2008.
“These properties give the city the opportunity totake vacant, underutilized properties and have them renewed as private enterprises that will generate taxes and enhancd the Jonestown/Washington Hill community,” BDC President M.J. “Jay” Brodide said in a statement. The city also tapped Mitey LLC to negotiats for a second siteat 1301-1309 E. Lombard St. Miteyh is a real estate company formedby Gerry’s Tire which hopes to use the propertyh to expand its adjacent business. Mitey planes to use the 4,518-square-foot property in the shortt term as a temporary parking lot for its businessz and would expand ontothe city-owned propertgy in the future.
The city is reserving the rights for thethired property, at 130 S. Central Ave.

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