New plans for GID Development Group’s Regent Square, a mixed-use project near Buffalo Bayou Park between River Oaks and Montrose, was unveiled to brokers May 9 as leasing became available for Phase 2. Groundbreaking on the site is planned for this fall.
“Our goal for Regent Square is the creation of an exemplary, urban mixed-use district in the heart of Houston. Phase 2, the core of the masterplan, is poised to establish the project as a dynamic, walkable place as it weaves high quality restaurants, retail and residential into the fabric of the surrounding neighborhoods,” GID Development Group President James Linsley said in a statement.
The Phase 2 site plan calls for 600 multifamily units and 50,000 square feet of retail space around a pedestrian-friendly central plaza offering green space and water features.
The mixed-use district will eventually encompass 24 acres along West Dallas Street, with Phase 2 occupying 8 acres at the southwest corner of West Dallas and Dunlavy streets. For future phases, GID owns an adjacent lot fronting Allen Parkway as well as a lot to the east occupied by the Allen House Apartments. The district’s first phase, The Sovereign at Regent Square, a 21-story residential tower, was completed in 2015.