City Council approved zoning changes that will allow local developer Efraim Varga and investment partners to construct a multi-block, mixed-use complex in the Eastside’s Denver Heights. A $43.5 million improvements package was approved in January 2015 that is slated to improve connectivity to the Henry B. Gonzalez Convention Center expansion and Hemisfair Park.
The neighborhood, plagued with crime and vagrancy, stands to undergo a revitalization similar to that which the Pearl brought to the crumbling brewery complex just north of downtown. …Read Entire Post
Local firm Merit Commercial Real Estate closed its first major investment with the recent acquisition of University Park Tech Center I & II. The two office buildings, situated in University Park just west of Interstate 10, total nearly 200,000 square feet.
The Seller was Clarion Partners LLC which sold two other buildings at University Park Tech Center to University Health System in December 2020. …Read Entire Post
