Museum District's Mixed-Use

As Phase 1 of Parc-Binz nears completion in the Museum District, developer Balcor Commercial is finalizing plans for Phase 2. Balcor principal Chris Balat grew up in the Museum District and wanted to create something remarkable for his neighborhood. How: Class-A mixed-use (the property is primarily medical users) with quality dining. (Taste buds open wallets faster than fingers.) Chris is also a successful restauranteur—he opened the popular Cloud 10 Creamery in Rice Village two years ago with partner Chris Leung (the two are pictured here together at the Parc-Binz Phase 1 topping out), and it was named one of the 21 best ice cream shops in America last month by Thrillist. 

Parc-Binz will have three new restaurant concepts, developed by the Chris and Chris duo (AKA Balcor Hospitality). A wine/coffee bar called Bosta is already open, and Museum Park Café will open in the next few weeks. The third venue will be a Korean fried chicken restaurant. Transwestern SVP Tim Gregory is leasing the project and tells us the 50k SF building delivering soon has inked deals with Plaza OBGYN and Binz Surgery Center, which will each take down a full floor (about 14k SF). (Just make sure the doors are clearly marked.) He's got one group looking to take down another floor, which would leave 6k SF to lease. The next building is slated for construction over the next year and will be built directly across the street. It'll be pretty similar to Phase 1, and Tim tells us it could potentially go single-tenant (he's talking to an interested group). Energy Architecture designed the project and Linbeck Group is GC.