REPUBLIC SQUARE READIES TO SPRING INTO THE UPCOMING SEASON WITH NEW TENANTS, CONSTRUCTION IN FINAL STAGES ON WORKSTYLE WING, FOOD HALL STUDY AND ARTISAN MARKET
HOUSTON, TX – March 8, 2017 – Republic Square is enjoying a busy start to 2017. The 35-acre west Houston office, event and recreational campus, owned by Third Palm Capital, is starting March – and preparing for the season and year ahead – with initiatives further aimed at creating community, while adding a number of new tenants in what has been a brisk leasing cycle buoyed by the onsite presence of Boxer Property.
Companies recently relocating to Republic Square’s 320,000-square-foot Republic Square I office building include:
A Splendid Event & Co., a wedding and special event consulting firm practicing throughout Houston and Katy. While offering a full-range of a la carte options, the company has found success with a three-tier package service targeting wedding day management, partial planning and full planning.
The Texas office of Wyoming-based BitGen Technologies LLC, which focuses on custom electronics development and niche modules for National Instruments’ Compact RIO (cRIO) product line. The company’s expertise encompasses embedded system development PCB design and C/C++, VHDL to PCB stenciling and small turn fabrication.
Citi Streets, a transportation company targeting the corporate market with 24/7 support throughout Greater Houston. With a focus on customer service, Citi Streets offers a full fleet of cars spanning luxury sedans to SUV limousines driven by professional chauffeurs.
Coastal Wealth Management LP, a registered investment advisor (RIA) specializing in the active daily management of individual and pooled accounts using primarily mutual funds and exchange traded (ETF) funds.
Feubo Americas, the U.S. headquarters of the German manufacturing company known for its line of premium, long-term mooring products, including shackles, swivels, connectors, chasers and hooks, all forged using the latest CNC/DNC technology and superior materials to withstand extreme environments.
With construction well underway on Republic Square’s 20,000-square-foot Workstyle-branded wing at Republic Square I, Boxer Property is already signing tenants for this creative space. Located immediately off the refurbished main lobby, the project, which will incorporate common area lounges, meeting spaces and enhanced Wi-Fi, is slated to debut on May 1.
An expansive commercial kitchen, along with adjacent serving and waterfront dining areas, are also being studied to further support Republic Square’s dedicated 20,000-square-foot meeting and event center; as an asset for potential tenants with catering and food-based production needs; and as leasable space for a food hall concept or individual restaurants to service the growing population of workers, office visitors and recreational users.
In late January, Third Palm Capital engaged Houston-based industry veteran Chris Tripoli of A’La Carte Foodservice Consulting Group to delve into an out-of-the-box set of ideas for the wing, which offers direct access to a green space overlooking Terry Hershey Park and framed by Republic Square’s central lake.
According to Tripoli, “I’m excited by the opportunity to work with a client that is continually looking outside the box – in this case to an above and beyond multi-purpose solution to office food and beverage needs that speaks to the community, not just the tenants. Traditional food service being placed in non-traditional settings is a growing trend, and we’ve had success with the approach in downtown parks, inside performing arts centers, at the Texas Medical Center, convention centers and in airports.”
To better define the best uses, Tripoli and his team are currently exploring the market area to determine the current customer profile and confirm their buying habits.
Ongoing improvements to Republic Square’s grounds have not only increased enjoyment for tenant employees, nearby workers and area residents, but it has also positioned the campus for a range of special events. The first major happening to come to fruition is the inaugural ART IS AN Outdoor Market on March 25. A joint effort of Republic Square, The Art Cellar founder Sarah Lowe and Marco Guerra of Guerra Studio’s, the all-day happening, which is open to the public and free of charge to attend, will showcase dozens of vendors – painters of all mediums, sewistas, vintage clothing and jewelry dealers, sculptors, woodworkers, print makers, quilters and candle makers – along with food purveyors, musicians and DJs.
“Republic Square is a picturesque and perfect backdrop for this type of concept, and we’re thrilled to have the opportunity bring quality artists and artisans to a part of town that has been traditionally underserved by this type of programming,” said Lowe, who along with Guerra, has modeled the market after similar happenings in South Texas, Louisiana and Europe.
Republic Square is located at 13501 Katy Freeway. For leasing information, including available floorplans, call 713.777.7368 or click here.
About Republic Square
Poised to serve as a new community gathering place and hub for flexible work space in Houston’s Energy Corridor, Republic Square is owned by Third Palm Capital. After purchasing the campus from ExxonMobil Corporation in late 2013, Third Palm then leased back the improved portion of the property to ExxonMobil through April 2015. Located just west of Eldridge Road at the western gateway to Terry Hershey Park, the wooded campus spans 35 acres with prime frontage along Memorial Drive and Interstate 10. Current amenities include a central lake, 20,000-square-foot meeting and event center, and Republic Square I, a 320,000-square-foot office building with commissary kitchen. Future plans call for hotel, office, multi-family and retail development.
About Houston Technology Center
Houston Technology Center is a non-profit organization that provides education, insight and access to capital that entrepreneurs need to move toward the path of commercialization. As a 501(c)(3), HTC assists Houston-based entrepreneurs within several key sectors: energy, information technology, life sciences, nanotechnology, and NASA/aerospace. For more information, visit houstontech.org.
About Third Palm Capital
Third Palm Capital, the owner and developer of Republic Square, is a national real estate investment and development firm that relies on our guiding principles to deliver our customers and tenants the highest quality residential, commercial and resort properties. Third Palm has over $750 million in assets and active investments in New York, California, Florida and Texas.
About Boxer Property
Boxer Property is celebrating 24 years as an innovative commercial real estate investment and management company that specializes in maximizing the value of under-utilized properties through aggressive leasing and hands-on management. Founded in 1992, Boxer Property is a private firm based in Houston with more than 18 million square feet of commercial real estate nationwide.