Bellaire expands potential future uses of Chevron site

After Chevron Corp. (NYSE: CVX) vacates its Bellaire campus later this year, potential buyers will have more options for its future use.

The Bellaire City Council earlier this week approved changing the land use designation of the approximately 30-acre site from “business park” — currently zoned as a Technical Research Park District — to a special development area. The site is just outside of the Interstate 610 Loop and bounded by West Loop South, Fournace Place, South Rice Avenue and Mayfair Street.

Click to read more at Houston Business Journal.

Houston developer buys BP Energy Corridor building

BP PLC, the U.K.-based energy giant, has sold a large property in the Energy Corridor.

Woodbranch Investments Corp., a Houston-based developer and investment company, bought BP PLC (NYSE: BP)’s 390,000-square-foot Helios Plaza at 201 Helios Way, according to a report from CBRE’s Houston office.

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First tenant sets move-in date for 609 Main in downtown Houston

Hines’ 609 Main, the 1,050,000-square-foot tower in downtown Houston, is set to have its first tenant move in soon: Hines.

The Houston-based developer’s U.S. Southwest Region office, which currently occupies 24,494 square feet at 811 Main in BG Group Place, will relocate to roughly 28,000 square feet in 609 Main on April 22, a Hines spokesperson told the Houston Business Journal. Hines will move onto the 44th floor of 609 Main.

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Gary Greene real estate office to join Panera in River Oaks-area redevelopment

Better Homes and Gardens Real Estate Gary Greene will move its inner-Loop office to a project redeveloped by Houston-based Braun Enterprises.

The office, at 1939 W. Gray St., will move a couple blocks east to 1939 W. Gray in Braun’s River Oaks Collection. It’s BHGRE Gary Greene’s only office inside the 610 Loop aside from its Bellaire office at 5909 W. Loop South, but the firm has about two dozen offices across Houston.

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Targa Resources signs major lease at renovated tower in downtown Houston

Houston-based midstream energy company Targa Resources Corp. (NYSE: TRGP) has signed a long-term lease at 811 Louisiana, previously known as Two Shell Plaza. Targa leased 127,734 square feet on four floors, which Houston-based Colvill Office Properties said is the largest new lease in Houston’s Central Business District so far in 2017. The company currently occupies 120,689 square feet at 1000 Louisiana, per PMRG research, and that space is being marketed as becoming available in October 2017.

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Community garden, green space planned for northwest Houston

A major community garden is set to break ground next month northwest of Houston.

Deep Cypress Alliance, a local nonprofit conservancy, is planning to develop Deep Cypress Gardens, an eight-acre public green space in Cypress. The mixed-use garden, inspired by Mercer Arboretum in Humble and Levy Park in Upper Kirby, will be located off Kathy Lane, near Grant and Louetta roads north of Highway 290.

Click to read more at Houston Business Journal.