Following a strong response to Phase 1, which sold out within its first year, Phase 2 introduces an additional 14 office suites and three administrative or secretarial workspaces on a newly renovated floor.
Suites range from 400 to 1,500 square feet, and tenants have the option to choose furnished or unfurnished spaces, which they’re welcome to personalize and decorate. Leases are available annually or as multi-year commitments, offering maximum flexibility to growing businesses or those transitioning out of co-working environments.
Who are the spaces for?
The answer is as diverse as the businesses inside them. Current tenants in phase one include attorneys, accountants, real estate brokers and education consultants, many of whom have expanded into multiple suites as their businesses have grown.
“Several of our phase one tenants have now leased multiple offices in the building because of the growth of their business, and because they really enjoy the atmosphere of 5020 Montrose,” Marketing Director Claire Brudner said.
Tenants benefit from an impressive list of amenities, including:
- large and small conference rooms
- copy rooms
- mail drop services
- a shared kitchen
- access to a 10-story parking garage

Work in history
Beyond the amenities, there’s something intangible that sets Prosperity Bank Plaza apart: the building itself.
Once the site of the historic Plaza Hotel, 5020 Montrose remains a striking symbol of Houston’s architectural heritage. Designed by the same architect responsible for Houston’s City Hall, the nine-story building blends timeless design with contemporary utility, offering a rare mix of charm and practicality in the heart of the city.
“While the building's exterior reflects its storied past, the interior has been upgraded to offer essential office amenities like shared kitchen areas and copy rooms, creating a perfect balance of old and new,” Brudner said.
What sets 5020 Montrose apart is its unbeatable location. Nestled between the vibrant Montrose neighborhood and Houston’s renowned Museum District, the building sits at the crossroads of the city’s cultural and medical hubs. Major destinations like the Museum of Fine Arts and the Texas Medical Center are just minutes away, placing tenants in the center of it all.
For professionals who value convenience and connectivity, the building is also located near the METRO Rail, offering easy access to public transportation for a quick and hassle-free commute.
As demand for high-quality, right-sized office space continues to rise, especially among those navigating hybrid schedules or launching boutique firms, 5020 Montrose’s latest offering couldn’t be more timely.

Potential tenants can contact the property manager, Gaye Hammond, via phone at 713-292-2750 or via email at [email protected] to inquire about availability and schedule a tour.
The above story was produced by Multi Platform Journalist Chloe Chapel with Community Impact's Storytelling team with information solely provided by the local business as part of their "sponsored content" purchase through our advertising team.