Balcor Commercial Announces Parc Binz II
Following the success of Parc Binz I, a mixed-use development featuring offices and restaurants in the heart of Houston's museum district, Balcor Commercial announces phase two: Parc Binz II.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230123005839/en/
Park Binz II North View at night (Photo: Business Wire)
"As Park Binz I is fully leased, we look forward to providing nother high-quality development in this area of town," says Chris Balat, Founder and Director of Balcor Companies.
Park Binz II has already began construction on the half-acre site located on Binz St. directly across from Park Binz I. The new 5-story development will contain roughly 40,000 square feet dedicated to office space and restaurants.
"Pre-leasing is going very well. We've had a great deal of interest from medical office and retail tenants," said Balat.
Park Binz II is planning to open between late 2023 and early 2024.
More about this project as well as leasing information can be found here.
About Balcor Companies
Balcor Companies is an investment firm headquartered in the Museum District of Houston, Texas. They are composed of three divisions: Hospitality, Commercial Real Estate, and Private Equity. Balcor is known for creating market opportunity with class A developments and strong tenant partnerships. Their portfolio includes projects such as Park Binz I, Park Binz II, and Cloud 10 Creamery.
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