New Downtown HQ Marks One Of Houston's Biggest Office Leases Of The Year So Far

Cheniere Energy signed a 151K SF lease in downtown's newly constructed Texas Tower, one of the largest leases signed in Houston so far this year.

The natural gas company is moving from its current headquarters at 700 Milam to Texas Tower, at 845 Texas Ave. It will take five floors, with 16K SF of private gardens and a 700 SF terrace.The Cheniere lease alone is equal to half of downtown's leasing activity in the first…

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Texas Supreme Court Clears Eminent Domain Hurdle, Making Way For High-Speed Rail

After years of uncertainty, the Texas Supreme Court has ruled that Dallas-based Texas Central has eminent domain to build a high-speed rail between Dallas and Houston, bringing the project one step forward.

In a 5-3 decision today, the court ruled in favor of Texas Central, after James Miles, a Leon County resident along the route that Texas Central attempted to survey, sued the company in 2019. Part of Miles' argument rested on whether the rail would be a public good, which the state…

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This Week's Houston Deal Sheet

The Howard Hughes Corp. will create its first build-to-rent neighborhood in Bridgeland, its master-planned community in Cypress.

The neighborhood, dubbed Wingspan, will have 263 single-family attached or detached houses on a 27-acre segment of Prairieland Village. Floor plans are one- to four-bedrooms, from 650 to 1.7K SF. Houses will include backyards and maintenance.“By adding Wingspan to our diverse housing options in Bridgeland, Howard Hughes is responding to…

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