by DeeinAustin™
I was reading the Texas Recon from the Texas Real Estate Research Center and came across a mixed-use development called Sonoma in the Village, which is in the Inner Loop in Houston. Sonoma is this week's Friday Spotlight.
According to Colliers, Inside the 610 Loop in the affluent West University neighborhood, Lamesa Properties is developing Sonoma in the Village, a 4-acre mixed-use project on the north end of Rice Village, Houston’s premier shopping and entertainment district adjacent to Rice University and the Texas Medical Center. (Picture provided by RiceVillageOnline.com)
ABOUT SONOMA IN THE VILLAGE
The Rice Village Wiki states that Rice Village has been one of Houston's oldest and most-loved shopping destinations since the 1930s. It is an unplanned, high density hodge-podge of old and new retail stores. Rice Village was once an ad hoc cluster of retail stores, but has grown to become one of Houston's more interesting and variable shopping destinations with over 300 shops in a 16-block area.
- The project will feature 100,000 square feet of retail, 50,000 square feet of office space, 250 high-end residential condominium units, and an open central plaza area.
- Residents will be served by a combination of underground and surface parking.
- Sonoma in the Village has been designed for an area of high density with an existing strong retail base and a surrounding residential neighborhood with the demographics to support it.
The median household incomes within one-mile radius estimated at $105,000. The $100 million project, bound by Bolsover, Morningside, Dunstan and Kelvin streets, will be delivered in two phases. Ziegler Cooper Architects will design the commercial properties, and Randall Davis Company will design the project’s residential component.
RELATED RESOURCES
Rice Village Shopping Area Online
Read our Latest Houston Real Estate Update
Comments