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Lakewood Church purchased the property in 2005. [4] The Greenway Plaza development is part of a larger neighborhood, Greenway/Upper Kirby, which covers a 2.97-square-mile (7.7 km 2) area roughly enclosed by Westheimer Road to the north, Bissonnet Street to the south, Uptown Houston to the west, and Shepherd Drive to the east. [5]
Area pilots and airfield tenants launched an effort to purchase the field from the family and keep it open. [4] [6] However, it was a prime location for commercial or industrial development due to frontage on busy U.S. Highway 290, [5] [6] and the family listed it for sale for US$24 million. [6]
Work for clearing the land was scheduled to begin in December 1959. [3] During the year, the family's plans also included another 25 story office building and a parking garage. [ 4 ] Construction of the Cullen Center, which was planned to have around one dozen buildings, was scheduled to begin on October 1, 1960, with the first building being a ...
Those ventures continue today. In 2001, Forestar opened an office in the Atlanta area to manage nearby land with a focus on its long-term real estate development potential. In 2006, Temple-Inland Inc. began reporting Forestar Real Estate Group as a separate business segment. On December 28, 2007, Temple-Inland distributed 100% of the issued and ...
The company “Hines” (first named Gerald D. Hines Interests) was founded in Houston in 1957 by Gerald D. Hines, an American real estate developer with a background in mechanical engineering. The company initially began as a side-business to an engineering partnership after Gerald D. Hines moved to Houston for work in 1948. [5]
Houston is the most populated city in the United States without zoning laws. City voters rejected creation of separate commercial and residential land-use districts in 1948, 1962 and 1993. As a result, Houston has grown in an unusual manner.
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City of Houston officials, including the Mayor of Houston Bill White and the Houston City Council, said that there was a public need for the park. [53] The City of Houston operates the 4.7-acre (1.9 ha) Grady Park, which is located outside Uptown and two blocks away from the site of the Post Oak Lane Park. [53] [54]
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