May 17, 2018
Renovations to Downtown’s 5 Houston Center
HOUSTON – San Francisco-based Spear Street Capital made its splash into the local market when it acquired 5 Houston Center, Energy Center I, and 515 Post Oak Blvd. in January...
HOUSTON – San Francisco-based Spear Street Capital made its splash into the local market when it acquired 5 Houston Center, Energy Center I, and 515 Post Oak Blvd. in January 2017.
The company is now investing at least $6 million into remodeling the 581,000-sf 5 Houston Center’s fitness center, office lounge and sky lobby, per building permits filed with the City of Houston.
The tower is located at 1401 McKinney in downtown.
The remodel is in-line with Spear Street’s broad plans of sprucing up its acquired properties.
In March 2018, Spear Street’s president said the three properties would be repositioned in some way to remain competitive, but no further details have been shared about renovations at the buildings.
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