GreenStreet
GreenStreet
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| Location | Houston, Texas, USA |
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| Opening date | 2008 |
| Developer | Texas Real Estate Trust, Inc. & Entertainment Development Group |
| Management | Unknown |
| Owner | Unknown, North Houston Bank |
| Architect | Laguarda.Low Architects |
| No. of stores and services | Unknown |
| No. of anchor tenants | 3 |
| Total retail floor area | 350,000 ft² |
| No. of floors | 12 |
| Website | GreenStreet Official Website |
GreenStreet, formerly known as Houston Pavilions, is a commercial development in Downtown Houston, Texas, United States.
Construction was scheduled to begin in Spring 2006, with the first developments opening in the fourth quarter of 2007. The project possesses an estimated cost of 200 million United States dollars and is expected to contain almost 560,000 square feet (50,000 m2) of space, including 360,000 square feet (33,000 m2) of retail space in the first two levels of the development. The project covers three 1.4-acre (5,700 m2) city blocks. As of November 16, 2006, 50% of the retail space had been leased. 200,000 square feet (19,000 m2) of loft office space will be available on the mid-block between Fannin and San Jacinto Streets. Office parking will be provided in the Houston Pavilions' 1,675 garage located on the corner of Main and Polk.
The project is being developed by Texas Real Estate Trust, Inc. and Entertainment Development Group, who also developed the Denver Pavilions in Denver, Colorado. Geoffrey Jones and William Denton served as the co-developers of the project. The designers were Laguarda.Low Architects from Dallas.
To finance the development, developers obtained a construction loan from North Houston Bank, an $8,800,000 development grant for infrastructure improvements from the city of Houston, and $5,500,000 from Harris County.
The Houston Chronicle reported that the Pavilions will provide around 1,800 to 2,000 full- and part-time jobs.
The Houston Pavilions office tower, which is 11 stories tall, is named the NRG Tower, after its main tenant.
The construction of Houston Pavilions ended in October 2008. The office building originally had no tenants. On June 30, 2009, Reliant Energy announced that it will take 10 floors in the Houston Pavilions tower.NRG Energy, which had acquired the retail operations of Reliant Energy, announced that it would take 234,000 square feet (21,700 m2) of space in a 10-year lease. Houston Pavilions redesigned its space to make room for NRG. Geoffrey Jones, the co-developer of Houston Pavilions, stated that the complex administration planned to convert about 62,000 square feet (5,800 m2) of retail and swing space into office space for NRG, and the Houston Pavilions management office decreased the amount of occupied space to make room for NRG.
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