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HOUSTON, TX – Oct. 16, 2024 – Real estate company Rebees announces an exciting new vision for mixed-use district GreenStreet, located in the heart of downtown Houston. Under Rebees’ stewardship, the development will become Houston’s essential urban district and downtown’s most sustainable office project. Rebees, co-headquartered in Houston and Dallas, has a proven track record in developing and managing large-scale mixed-use properties, with notable successes including mixed-use luxury development Autry Park and the repositioning of both Sugar Land Town Square and Victory Park in Dallas.

The four-block, 611,000-square-foot district includes a 260,000-square-foot Class-A office tower, 326,000-square-feet of retail space, and marquee tenants like House of Blues, comedy club Punch Line, The Laura Hotel, and Lifetime Fitness.

The group will leverage their expertise in creative placemaking, curated leasing, and immersive events to create a destination for forward-thinking urban-minded Houstonians. The improvements and enhancements include:

• A vibrant pedestrian alleyway experience featuring the best local food and beverage purveyors 
• Four city blocks of rooftop solar panels that will help GreenStreet become downtown’s most sustainable office project, targeting net carbon neutrality
• Improved next-generation office space including lush new landscaping, gardens, and multi-level amenities that create an unparalleled indoor/outdoor Class-A work environment

The GreenStreet repositioning is led by Matt Ragan, Director of Repositionings and Tom Paterson, Managing Partner at Rebees. Rebees will also lead property management, retail leasing, marketing, and events.

Transwestern Real Estate Services will serve as the partner for office leasing. Transwestern’s leasing team, led by Eric Anderson, Katy Gragg, and John Heard, brings a deep understanding of the Houston market and a proactive approach to marketing the property’s unique attributes.

“Rebees’ vision is game-changing, and their strong track record speaks for itself,” said Gragg. “Tenant demand has called for differentiated space, and that’s exactly what this new environment will deliver.”

International design collective RIOS will lead the design of the project. Spearheading architecture, landscape and interior architecture, and experience design, RIOS will reimagine today’s three-block urban mall into a vibrant, immersive destination and office experience. 

“The readaptation of GreenStreet will create a new model for urban space in Downtown Houston,” said Mark Motonaga, Creative Director and Partner, RIOS. “Our vision draws inspiration from Houston’s diverse culture and seamlessly blends nature, sustainability, and architecture to create a new urban streetscape experience that unfolds across three distinct blocks and builds toward a central hub of activity connecting people at the ground level. Layering landscape screens, bold signage, and storefront interventions, the design embraces Houston’s eclectic spirit. The future of GreenStreet will breathe new life into the downtown experience and set the stage for Houston’s continued evolution.” 

“Our vision for GreenStreet is transformative and uniquely Houston. On the ground plane, we will create a food and beverage destination that embodies Houston’s rich multicultural culinary scene with some of the city’s hippest and coolest concepts,” said Ragan. “For the office, we are committed to transforming GreenStreet into downtown’s definitive sustainable office campus as Houston cements its place as the energy capital of the 21st century.”

“Rebees has a visionary team with an impressive track record of revitalizing urban mixed-use developments. Greenstreet is poised to benefit from that expertise as well as our collective efforts to make Downtown a more livable, delightful, connected, and prosperous place,” said Kris Larson, President and CEO of Downtown Houston+.

Phase one construction is set to begin Q1 2025 and will be completed by Q3 2025.  

About Rebees
Rebees is an ideas-driven commercial real estate company with offices in Houston and Dallas. We envision, develop, and operate landmark mixed-use real estate projects that meaningfully enrich their tenants, patrons, owners, and surrounding communities. We utilize decades of luxury hospitality management expertise to manage our projects in a highly personalized manner. Our approach fosters community; producing destinations that genuinely enrich the lives of tenants and guests while delivering sustainable long-term value to our clients and partners. To learn more, visit rebees.com and rebeesmanagement.com.

About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions. 

Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.

About RIOS
RIOS is an award-winning international design collective actively pursuing wonder within the design of built environment. Founded in 1985, the collective practices interconnected design across architecture, interiors, landscape architecture, master planning, and placemaking for diverse projects, including residential, commercial, civic, hospitality, retail, and institutional. Known for creating bold solutions inclusive of the broader context, RIOS believes design is an act of optimism through which invention and ideas change the world.  For more information visit www.rios.com

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Media Contact:
Amy Verbout
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