The new space at 1440 Studemont will offer 35,000 square feet of retail and offices, with tenants slated to begin opening in early 2021, according to a release from Gulf Coast Commercial Group, which is overseeing the development of the 24-acre Lower Heights district.
SheSpace, a first-to-market coworking space focused on supporting women, has leased 6,000 square feet on the second floor.
“We looked at upwards of 25 potential sites around Houston for SheSpace,” founder Stephanie Tsuru said in a news release. “Besides its cool factor, based on analytics, Lower Heights put us at the epicenter of our target demographic while also providing an unmatched level of convenience factors for clients—from freeway access to the proximity of walkable businesses including grocery, retail and restaurants."
Another confirmed tenant, Central Bank, which will be located on the first floor.
Meanwhile, the apartment community Alexan Lower Heights has begun leasing and move-ins of its 375 units. Rent for a one-bedroom, 685 square-foot unit at the luxury property starts at $1,660.
Gulf Coast expects to unveil in August a new hike and bike trail running along the eastern edge of the property. It will tie into the MKT Trail, offering connectivity to the Heights area north of I-10.
Future phases of the development could include a movie theater as well as more retail, restaurants, office and multifamily offerings. An Ulta and a Total Wine opened in the development late last year.