Real Estate Roundup: Heights House Hotel open after $3.5 million renovation

The Height House Hotel has finally opened after its $3.5 million renovation. 

The transformation of the former Astro Inn was highlighted in January by The Leader. The Heights House Hotel is now open at 100 W. Cavalcade St., according to a news release.

The three-story vintage exterior-corridor hotel features 133 rooms with free parking; a 7,500-square foot ground-floor courtyard that features a pool with cabanas, patio green space with lounge furniture and canopy with covered outdoor seating; and hotel bar and restaurant, Space Cowboy, serving tropical cocktails and island comfort food from chef Lyle Bento.

The 2-acre property was purchased in 2019 by local business owners Jivar Foty and George Giannukos. Foty’s Rise Construction completed a nearly year-long renovation, including a complete interior gut, improved insulation, new roof, exterior additions and energy-efficient LED lighting throughout the property.

“The Heights House Hotel is a trendy and quirky hotel that offers an experience like no other in Houston,” Foty said in the release. “We are one of the few vibrant, colorful, boutique hotels in the city, and the only hotel in the Heights community. We want to become a local hangout, the place to stay for visitors of Houston, and the go-to hotel for business travelers.”

Added Giannukos: “I’m honored to have the opportunity to put my fingerprint on the landscape of the city and the Heights neighborhood. It’s exciting to create a place that future generations will enjoy and recognize as a landmark in the community. We wanted to create a beautiful space full of art and color at an accessible price.”

Rooms start at $100 per night on weekdays. The hotel is dog-friendly with a pet fee. The hotel’s pool is slated to open in June, with day passes for non-hotel guests starting at $20. For more information, visit https://www.heightshousehotel.com/.

Space available in Oak Forest Shopping Center

The Oak Forest Shopping Center, anchored by Kroger near the intersection of West 43rd Street and Ella Boulevard, is highlighting six different spaces available for lease.

There are two 1,300-square foot spaces on either side of the H&R Block and three spaces across the street next to the Postnet at 1,000, 2,800, 1,550 and 1,590 square feet.

Packaderm leases space at North Freeway Business Center

Packaderm Warehousing offers full-service warehousing solutions in Houston that cater to Fulfillment by Amazon sellers. Packaderm leased 14,600 square feet at North Freeway Business Center at 4555 Airline Dr., according to BizNow.com.

Stream Realty Partners’ Heath Donica represented the tenant, while Transwestern’s Darryl Noon represented the landlord, St. Paul Fire and Marine Insurance Co.

Alliance puts two Heights apartments up for sale

The Houston Chronicle reports that Alliance Residential has placed a pair of recently built apartment properties on the market.

The properties, 15th Street Flats at 1414 N. Shepherd Dr. and Heights Waterworks, 515 W. 20th St., total 646 units.

Chris Curry, Todd Marix, Chris Young and Joey Rippel of Berkadia are marketing the property on behalf of Alliance, which completed 15th Street Flats in 2020 and Heights Waterworks in 2019.

The article states that while during the pandemic, people gravitated to the suburbs, now there is a shift back to town.

The Chronicle cites figures from ApartmentData.com showing that occupancy in the Heights/Washington Avenue corridor rose to 81.1 percent in April, up from 77.7 percent in April 2020. The supply of apartment units has increased by 13 percent during the period as new complexes have been built.

"The Heights has had a lot of deliveries, but at the same time, people want to live there," Bruce McClenny, president of ApartmentData.com, told the Chronicle.

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