Cara Smith | Houston Business Journal
November 27, 2018
The developers behind one of the Heights' most anticipated mixed-use projects have named the office portion's leasing team.
Chicago-based JLL's Houston office will lease the 100,000-square-foot office portion of M.K.T., a 200,000-square-foot office and retail mixed-use development that's set to deliver in early 2020, per a JLL spokesperson. JLL's Russell Hodges and Bubba Harkins will lease the office space on behalf of its developers, Houston-based firms Radom Capital and Triten Real Estate Partners.
Radom Capital is behind the Heights Mercantile, the 40,000-square-foot retail development that's comprised of restored bungalows, modern retail shops and green space. The project won an HBJ Landmark Award in the retail category.
The renderings of M.K.T., designed by Austin-based Michael Hsu Office of Architecture, reveal M.K.T. to be a sleek, colorful and highly modern development that'll contain homages to the industrial properties that currently occupy M.K.T.'s land. A rendering of one of the development's wooded patios shows retail with pop-up dining and generous amounts of patio and green space.
JLL's release states that M.K.T. is expected to attract companies in the tech, media, arts and professional services industries.
“Houston lags both coasts with respect to creative office offerings,” Hodges said in the release. "There is significant demand for this product type starting to come from traditional office users."
Boston-based Long Wharf Capital LLC is financing the project, Houston-based Method Architecture is the architect of record, and SWA Group is the landscape architect, according to the release. Information on the general contractor wasn’t available.
M.K.T. will contain more than 30 tenants new to the Heights area, per the announcement.